Constructing and managing infrastructure such as power stations, Generating electricity using fossil fuels, nuclear or renewables, Distributing electricity and gas around the national network, Buying electricity and gas on the energy market and selling it to consumers, Extracting, transporting and refining oil and gas, Providing clean water to homes and businesses, and treating wastewater, Enforcing industry rules and regulations, are some of the responsibilites of Energy and Utilities sector.
In UK, the Department for Business, Energy & Industrial Strategy is responsible for climate change and UK became the first major economy to legislate a net-zero climate ambition by 2050.
The Energy and Utilities sector in the UK is estimated at ~£7.7 Bn in terms of Total Contract Value (TCV), accounting for 6.6% of the total UK FM Market.
The Energy and Utilities sector spends circa ~£7.7 Bn of the Energy and Utilities sector in the UK, Integrated FM accounts for the highest proportion of services contracted with TCV of ~£3.1 Bn (39.5%), followed by Soft FM with ~£2.3 Bn (30.3%) and Hard FM with ~£2.1 Bn (27.1%).
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