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Adapting to transform performance through the transition

Energy companies are pursuing a diverse range of strategies and new business models as they support the needs of today’s energy system while positioning themselves for the energy transition. Experience over the last two years is leading to a reevaluation of priorities as companies analyze costs and opportunities and adjust to volatile government policies and the requirements of investors. Some are moving quickly into new technologies; others are more focused on consolidating for greater scale, efficiency and future flexibility and many are pursuing innovative new partnerships. Whatever the strategies, there remain constants – meeting customer needs, ensuring reliable supply, and seeking to reduce emissions.