A list of the main analytical models deployed by BEIS to support policies as of 30 March 2022. Recommendation 4 of the Review of quality assurance of government models (Macpherson Review) asked departments to make a list of their business critical models publicly available - to encourage good practice in their quality assurance. In 2022 the National Audit Office report Financial Modelling in Government re-emphasised the importance of these lists.

This series brings together the annual reports and accounts for the Department for Business, Energy and Industrial Strategy (BEIS). The reports review the department’s activities over the course of each year, providing: highlights of key projects progress made in meeting the department’s objectives financial information

UK Distributed Solar Power Generation Market size was valued at USD 3.83 Billion in 2023 and is projected to reach USD 7.92 Billion by 2031, growing at a CAGR of 9.5% from 2024 to 2031.

UK Distributed Solar Power Generation Market Dynamics

The key market dynamics that are shaping the UK Distributed Solar Power Generation Market include:

Key Market Drivers
Government Incentive Programs and Policy Support: The UK government’s Smart Export Guarantee (SEG) plan has considerably increased distributed solar adoption, with over 1.2 million UK homes receiving SEG payments by December 2023, according to the Department for Business, Energy, and Industrial Strategy (BEIS). The program incentivizes residential solar installations by allowing homeowners to earn money for exporting excess electricity to the grid, resulting in a 25% year-over-year increase in installations from 2022-2023. This expansion is driven by financial savings, lower energy costs, and increased access to renewable energy solutions.

UK Wind Power Market size was valued at USD 39.3 Billion in 2024 and is projected to reach USD 95.3 Billion by 2032, growing at a CAGR of 11.7% from 2025 to 2032.

Key Market Drivers:

Rising Electricity Demand: Rising electricity demand is pushing the UK wind energy market. The growing electrification of transportation and heating is raising renewable energy demand. According to National Grid’s Future Energy Scenarios 2023, the UK’s annual power demand might increase by up to 70% by 2035, reaching 460-500 TWh.

Cost Reduction in Wind Technology: Cost reductions in wind technologies will propel the UK Wind Power Market. Wind power technology has become more competitive with traditional energy sources as its costs have decreased. According to the UK Department for Business, Energy, and Industrial Strategy (BEIS), the strike price for offshore wind in Contract for Difference (CfD) auctions has plummeted from £114.39/MWh in 2015 to £37.35/MWh in 2022, a 67% decrease.

UK Power EPC Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow at a CAGR of 2% from 2026 to 2032.

Key Market Drivers

Accelerated Renewable Energy Transition: The UK’s ambitious goal of decarbonization is a major driver of the Power EPC market’s expansion. According to the UK Department for Business, Energy, and Industrial Strategy (BEIS), renewable energy sources generated 43.1% of total electricity in 2022, to reach 65% by 2030. This quick transformation necessitates major engineering and construction investments in power infrastructure, resulting in high demand for EPC services in wind, solar, and future green energy sources.

North America Strategic Consulting Market size was valued at USD 84.88 Billion in 2024 and is projected to reach USD 151.80 Billion by 2032, growing at a CAGR of 8.66% from 2025 to 2032.

North America Strategic Consulting Market Drivers

Increased Business Complexity: Businesses are facing increasing complexity in today’s dynamic and interconnected global economy. This includes factors like globalization, technological disruption, changing consumer behavior, and evolving regulations. Strategic consulting helps businesses navigate these complexities and develop effective strategies to thrive.

Digital Transformation: The rapid pace of digital transformation across all industries is creating new challenges and opportunities for businesses. Strategic consultants help organizations develop and implement digital strategies, leverage data analytics, and adopt new technologies to remain competitive.

Focus on Innovation: Businesses are under increasing pressure to innovate and develop new products, services, and business models. Strategic consultants provide valuable insights and guidance on innovation strategies, such as product development, market entry, and business model diversification.

Mergers and Acquisitions (M&A) Activity: M&A activity remains a significant driver of the strategic consulting market. Consultants play a crucial role in M&A transactions, providing due diligence, valuation, integration planning, and post-merger integration support.