In the context of net zero transitions, our client wanted to understand whether electrification for gas turbines & engines will be a global phenomenon in the next 10 years and if they should invest in it now.
The objective was to develop a holistic understanding of the market potential, comparing a greenfield vs brownfield approach (mechanical to electric drive).
10EQS assessed overall market trends in electrification and approaches to decarbonization focused on the chemicals, oil & gas industries. 10EQS assessed the electrification opportunity by defining an energy transition timeline and sizing the market using 3 different adoption rate scenarios.
10EQS identified the most attractive market verticals for the client as it relates to electrification and based on that provided go-to-market recommendations, answering the “when, what, how, where, and who?” questions.
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