Guidehouse Insights Names Ameresco, Enel X, and ENGIE the Leading Energy as a Service Solutions Providers
Competition in the market is expected to increase as companies look for partners to help meet ambitious carbon targets
A new Leaderboard report from Guidehouse Insights examines the strategy and execution of 14 energy as a service (EaaS) solutions providers, with Ameresco, Enel X, and ENGIE ranked as the leading market players.
As sustainability becomes a priority due to stakeholder pressure and growing investor requirements to demonstrate alignment with Paris Agreement goals, companies and organizations are turning to EaaS solutions. Leading providers in the industry offer comprehensive technology, services, and financing expertise to help meet these ambitious carbon targets. Click to tweet: According to a new Leaderboard report from @WeAreGHInsights, Ameresco, Enel X, and ENGIE are the leading EaaS providers.
"EaaS solutions that are best positioned to meet the needs of customers focus on sustainability and offer technologies and services to support an organization’s decarbonization efforts,” says Sasha Wedekind, senior research analyst with Guidehouse Insights. “Leaders in this market have developed comprehensive solutions that include a variety of energy efficiency offerings, onsite and offsite energy supply technologies, and services including sustainability advisory and demand response.”
While players in the market are making significant strides in developing and implementing EaaS solutions, expanding into new geographic markets and customer verticals, and developing new business models such as white-labeled EaaS platforms, the market is still nascent. Adoption rates are low and differentiation among different players is high. As a result, few vendors have been directly competing, however, competition is expected to intensify as customers become increasingly aware of EaaS in the coming years.
The report, Guidehouse Insights Leaderboard: Energy as a Service, assesses the competitive landscape for EaaS solutions and how well different companies are positioned to address customer needs at this point in time. This report is intended to help market participants better understand their competitors’ solution offerings, differentiation, and track record in executing EaaS projects. The report includes profiles on 14 EaaS companies and ranks them according to Strategy and Execution scores. In this market, the relative position of different vendors is likely to shift as contenders refine their solution offerings and take on the leaders. An executive summary of the report is available for free download on the Guidehouse Insights website.
*The information contained in this press release concerning the report, Guidehouse Insights Leaderboard: Energy as a Service, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.