Energy and utilities consulting market seen reaching $19.88 billion by 2030

The energy and utilities consulting market is projected to rise from $12.63 billion in 2025 to $19.88 billion by 2030, driven by renewable energy expansion, smart grid adoption and utility digital transformation. North America led the market in 2025, while Asia-Pacific is expected to grow fastest.

Why it matters: - Energy and utilities consulting is becoming more central as utilities, governments and developers navigate decarbonization, grid modernization and regulatory change. - The market’s projected jump to $19.88 billion by 2030 signals sustained demand for advisory work tied to the energy transition.

What happened: - The Business Research Company released its Energy and Utilities Consulting Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 on Sept. 28, 2026. - The report says the market reached $12.63 billion in 2025 and is projected to grow to $13.8 billion in 2026. - The report forecasts the market will reach $19.88 billion by 2030, implying a 9.6% compound annual growth rate. - North America was the largest regional market in 2025. - Asia-Pacific is forecast to be the fastest-growing region over the coming years. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

The details: - Energy and utilities consulting covers strategic, technical, operational and regulatory advice for energy generation, distribution and consumption systems. - The service line is aimed at improving efficiency, compliance, sustainability and performance across utility operations. - The report points to renewable energy expansion as a major growth driver. - Consulting support includes project feasibility, regulatory compliance, grid integration, infrastructure planning and investment optimization. - The report cites REN21’s Renewables 2024 Global Status Report, which said companies signed renewable energy procurement contracts for 46 GW of solar and wind capacity in 2023, up 30% from 2022. - Smart grid adoption is another major driver. - Smart grids use digital communication, automation, sensors and data analytics to improve reliability, sustainability and operating efficiency. - The report cites GOV.UK data showing 34.8 million smart and advanced meters were installed in homes and small businesses across Great Britain by the end of 2023. - That total represented 61% of all meters, with 30.8 million operating in smart mode.

Between the lines: - The forecast reflects more than routine consulting demand; it tracks the growing complexity of running energy systems during a period of policy pressure and technology change. - Renewable integration, cybersecurity, interoperability and regulatory compliance are becoming recurring consulting needs as utilities digitize infrastructure. - The report’s emphasis on decarbonization, operational efficiency and asset performance suggests buyers are looking for advice that can cut costs while reducing risk.

What's next: - The report expects continued growth from energy transition strategy work, smart grid consulting, net zero advisory services, utility digital transformation and energy risk management. - Other anticipated trends include decarbonization consulting, regulatory and policy advisory, infrastructure modernization and asset performance enhancement. - The 2026 edition adds market attractiveness scoring, total addressable market analysis, company scoring matrices, Excel-based forecasting dashboards, hotspot infographics and updated graphics and tables. - The full report and sample are available through the company’s sample request page and the full market report.

The bottom line: - Energy and utilities consulting is growing alongside the energy transition, and the next wave of demand is coming from renewable projects, smarter grids and utility digitization.