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Energy &
Energy
Transition.

Strategic intelligence across oil and gas, renewables, power and utilities, energy storage, and clean technology — for the operators, developers, and investors navigating the most consequential industrial shift of this generation.

85+
Energy engagements completed
14yr
Sector experience
10
Energy markets covered
$1.8B
Decisions supported
Coverage Areas

Every dimension of
the energy value chain.

01 · Oil & Gas

Oil, Gas & Downstream

Upstream exploration economics, midstream infrastructure mapping, downstream refining competitive dynamics, and LNG market intelligence for NOCs, IOCs, and independent operators across South Asia and the GCC.

Upstream economicsLNG intelligenceRefining benchmarks
02 · Renewables

Solar, Wind & Renewable Energy

Solar and wind project economics, offtake market dynamics, land acquisition intelligence, and competitive bidding landscape mapping for renewable energy developers, IPPs, and energy investors across India and the GCC.

Project economicsOfftake researchCompetitive bidding
03 · Power & Utilities

Power Distribution & Utilities

DISCOMs financial health, electricity demand forecasting, utility privatisation dynamics, and competitive intelligence for power distribution companies, traders, and energy investors in South Asia.

DISCOM researchDemand forecastingPrivatisation intel
04 · Energy Storage

Battery Storage & Grid Flexibility

BESS project economics, grid-scale storage market sizing, behind-the-meter storage adoption, and battery technology competitive landscape for storage developers, utilities, and energy investors.

BESS economicsGrid storage sizingBattery landscape
05 · Clean Technology

CleanTech & Green Industry

Green hydrogen economics, sustainable aviation fuel demand, industrial decarbonisation pathways, and competitive mapping for clean technology companies and investors targeting net-zero industrial markets.

Green hydrogenSAF demandDecarbonisation
06 · Energy Transition

Energy Transition Strategy

Carbon market intelligence, ESG regulatory landscape, transition finance mapping, and strategic positioning for incumbent energy companies navigating the shift from carbon-intensive to low-carbon business models.

Carbon marketsESG regulationTransition finance

Questions we've answered for
energy clients.

These are the actual questions clients bring to us. We've answered some version of each of them, multiple times, across multiple geographies.

What is the real economics of grid-scale solar storage in India today — and when does the business case become unambiguous without subsidy?
We're a Middle Eastern NOC evaluating Indian downstream acquisition. What's the competitive reality of the refining margin environment and what are we not being told?
Our renewable energy bid was 15% above the lowest bidder. Tell us whether they're making money or buying market share — and what we should do differently next round.
We're acquiring an Indian DISCOM. How bad is the AT&C loss situation really, which employee contracts can't be restructured, and what's the true regulatory risk?
Which Indian states will be the fastest green hydrogen markets, who are the credible industrial offtakers, and what production cost needs to be achieved to unlock commercial scale?
We've invested in a CleanTech platform that's now growing too slowly. Tell us whether the problem is the technology, the sales motion, the pricing, or the wrong market segment.
Energy Case Studies

Evidence of
decisions made better.

EN.01 · Renewables · India

$400M Solar Storage Investment Decision

A global infrastructure fund evaluating grid-scale solar-plus-storage in India. NEO ran project economics benchmarking, DISCOM offtake risk assessment, and competitive landscape analysis. Board approved in 8 weeks.

$400M committed · 3 states prioritised
Read Case Study
EN.02 · Oil & Gas · GCC

Downstream Acquisition: India Refining DD

Middle Eastern NOC evaluating Indian refining asset acquisition. Competitive margin analysis, regulatory risk mapping, and management quality assessment across 6 refineries.

Acquisition recommended · Integration risks quantified
Read Case Study
EN.03 · Green Hydrogen · Market Sizing

Green Hydrogen: India Commercial Readiness

Global energy company sizing India's green hydrogen opportunity. Industrial offtaker willingness-to-pay research, cost curve analysis, and identification of earliest commercial opportunities by sector.

3 priority sectors identified · 2030 commercial roadmap built
Read Case Study
Energy Intelligence

Latest energy
thinking.

Market Report

India's Grid-Scale Energy Storage Market: Economics, Policy, and the Investor Opportunity

March 2026
Strategy Brief

Green Hydrogen in India: Separating the Hype from the Commercial Opportunity

January 2026
Due Diligence Note

DISCOM Acquisition DD: The AT&C Loss Problem and What Buyers Never Catch in Time

November 2025
Energy Practice Leadership

The team behind
the intelligence.

GS
Partner & Energy Practice Lead
Gaurav Sharma

19 years in energy strategy and investment advisory. Led 45+ market entry, project development, and M&A intelligence mandates across oil and gas, renewables, and energy transition in South Asia and the GCC. Former Shell Strategy.

DP
Director — Renewables & Storage
Deepa Pillai

Specialist in renewable energy project economics and energy storage market intelligence. 13 years advising solar, wind, and BESS developers across India, Southeast Asia, and East Africa.

FR
Director — GCC Energy
Fahad Al-Rashidi

Specialist in GCC energy policy, NOC strategy, and downstream intelligence. 14 years advising international energy companies on the Arab Gulf energy market across UAE, KSA, and Qatar.

An energy decision
you need to get right.
Brief the Energy Practice →

Licensing Options

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5% or 16 hours customisation
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US $8,450
Report accessible to unlimited users
Rights to print / edit
40 hours of post-sales assistance by Market Analyst
20% or 70 hours customisation
Direct access to Lead Analyst
Organisation-wide intranet / presentation rights
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