Energy Consulting Market Report 2026

The energy consulting market size has grown steadily in recent years. It will grow from $18.7 billion in 2025 to $19.51 billion in 2026 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to increasing energy cost volatility, expansion of corporate sustainability initiatives, rising regulatory compliance needs, adoption of structured energy management practices, growth of enterprise energy audits.

The energy consulting market size is expected to see steady growth in the next few years. It will grow to $22.94 billion in 2030 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to increasing adoption of net-zero strategies, rising demand for renewable energy integration consulting, expansion of smart energy management solutions, growing focus on decarbonization planning, increasing investments in digital energy optimization. Major trends in the forecast period include increasing demand for energy efficiency advisory services, rising adoption of data-driven energy audits, growing focus on carbon emission management consulting, expansion of renewable energy advisory solutions, enhanced integration of energy monitoring platforms.

The increasing demand for energy efficiency is expected to drive the growth of the energy consulting market. Energy efficiency measures how effectively a system or device converts input energy into useful output while minimizing waste. With rising concerns about environmental sustainability, energy costs, and resource conservation, businesses, governments, and individuals are increasingly seeking energy-efficient solutions to reduce carbon emissions, conserve natural resources, and lower energy usage. Energy efficiency consulting involves analyzing and optimizing energy usage in various facilities to reduce consumption, cut costs, and improve environmental impact. For example, in November 2023, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that energy efficiency improved by 2% in 2022, though it is expected to slow to 1.3% in 2023. Additionally, a 1.7% increase in energy demand in 2023, up from 1.3% in 2022, is partly responsible for this decline in energy intensity improvement. Consequently, the rising demand for energy efficiency solutions is propelling the growth of the energy consulting market.

Major companies in the energy consulting market are concentrating on developing advanced technological solutions, such as power system analysis software, to tackle challenges related to power system modeling. These solutions are crucial for optimizing and ensuring the reliability of electrical grids by analyzing and managing complex power flow, stability, and fault scenarios. For example, in July 2023, GE Vernova, a US-based energy consulting company, introduced the redesigned Positive Sequence Load Flow Analysis (PSLF) software, providing customers with a faster and more efficient way to model their power systems. The use of PSLF software in energy consulting enables engineers to examine transfer limitations, perform economic dispatch, simulate power transfer across transmission grids, and study power system behavior under various conditions. This updated version of PSLF software features seamless data and visual integration on a future-proof platform, while retaining the fast and reliable core algorithms that PSLF users depend on. The upgrade includes enhanced data editing features, improved data visualization and analysis tools, as well as innovative drag-and-drop and one-line drawing functionalities. Built on the latest software technology platform, GE's updated PSLF software offers new capabilities for system planners and operators, all while ensuring continued reliability.

In January 2024, SLR Consulting strengthened its position in the energy consulting market through the acquisition of ITPEnergised. This strategic move combines ITPEnergised's technical advisory services with SLR's environmental and technical consultancy expertise, forming one of the largest consultancies dedicated to serving the renewables sector. ITPEnergised brings specialized expertise in energy, environmental, engineering, and planning sectors, complementing SLR's capabilities and expanding its footprint in the renewables industry.

Major companies operating in the energy consulting market are Accenture plc, Schneider Electric SE, Arthur D. Little Inc., Tradition Energy, Stantec Inc., AFRY AB, Arup Group Limited, Ramboll Group, ICF International Inc., Enel X, Clearway Energy Group LLC, The ERM International Group Limited, Golder Associates, RPS Group PLC, NV5 Global Inc., ENGIE Impact, ISG Enterprise Energy Solutions, Conservice LLC, NUS Consulting, Antea Group, The Consultus International Group, E&C Energy Consulting, Energy Edge Consulting LLC, Facility Engineering Associates P.C., American Utility Management Inc., Verde Solutions LLC, Iconergy Ltd., 360 Energy Group

North America was the largest region in the energy consulting market in 2025. The regions covered in the energy consulting market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the energy consulting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The energy consulting market includes revenues earned by entities providing services such as energy audits and assessments, energy management and planning, renewable energy integration, resilience planning, carbon footprints through emissions tracking, and sustainability initiatives. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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