Florence Carlot
Partner
Florence has supported many utilities & alternative energy projects. She has gained deep experience in investment opportunity assessment and market-entry strategy.
Areas of Focus
Education
Institut Catholique des Hautes Etudes Commerciales (ICHEC) – Belgium
Master in Commercial Sciences, specializing in International Management
Past Experience
Baringa Partners
Manager
Sia Partners
Senior Consultant
Accenture
Business Analyst
Florence is a Partner based in the Brussels office and leading the “Energy & Utility” practice in Belgium. She is also an active member of the “Strategy & Organization” practice.
Florence has been working within the European energy and utilities sector for over 18 years. She has worked with several leading energy companies and utilities all over Europe , enabling large operational and strategic-change initiatives in the wholesale, generation, network and retail areas of business. Through her various experience, Florence has developed a strong understanding of the strategic challenges and decision-making processes energy companies face along their whole value chain.
Her experience has been gathered from a variety of roles in corporate strategy, investment opportunities assessment and transactions, market-entry strategy, business optimization and project management.
She is an experienced consultant who is used to balancing high-level shaping with detailed analysis to find and deliver pragmatic solutions to problems on numerous topics.
Prior to joining Arthur D. Little, Florence worked for other consultancies, mainly in the utility and energy industry. Florence holds a Commercial Sciences master’s degree from ICHEC. She is fluent in French, English, and Dutch.
In addition to her consulting career, Florence is the happy mother of two beautiful daughters.
The race to smart home energy management systems
Amidst the uncertainties and challenges of today’s energy market, home energy management systems (HEMS) can offer value to end users by addressing unmet needs and emerging pain points such as energy consumption optimization, automation, and affordability of energy bills, while allowing companies to diversify and/or enhance their value proposition. The latter has already motivated companies within and outside the traditional energy ecosystem to investigate the opportunity.
Hydrogen
While much of the focus on achieving net zero has been on green electricity, momentum is growing behind hydrogen within the energy transition, with the IEA predicting a four-fold increase in demand between now and 2040.
Taking demand-side response to the household level
Within an extremely limited period and without a break, Europe — and the world as a whole — is undergoing the second consecutive major shock spanning geographies and industries. Both businesses and households alike are feeling the depths of the current energy crisis in their energy bills. However, this ongoing crisis will undoubtedly represent opportunities, too.
Energy crisis & beyond
Energy retailers have been facing unfavorable market evolutions for multiple consecutive years, triggering a first wave of bankruptcies in the industry and preventing important innovations to exploit new healthy revenue streams, among which are the required investments to accelerate the energy transition. With the current energy crisis, even major players are alarmed due to skyrocketing prices and customers faulting on their energy bills.
The rise of the energy community & its lifeline to the battery
Increased consumer engagement combined with growing availability of affordable, small-scale distributed energy resources (DERs), along with legislative changes, present opportunities for local energy community (LEC) initiatives, in which consumers can actively participate in optimizing their energy bills. These initiatives can protect consumers from high and extremely volatile energy prices. Moreover, opportunities are emerging for traditional and nontraditional market players to enable and facilitate these new community models.
Energy retailers’ business model
Phaseout of supply generation assets such as coal, a high demand for gas in Asian markets pushing down European supply, cold weather, and the shortage of Russian gas supply together have led to record energy prices across Europe. Tensions between Ukraine and Russia will likely worsen the already dramatic situation on energy markets. The consequences are dramatic, both for retailers and consumers. On the one hand, there have been a series of electricity and gas retailer bankruptcies, as they have been unable to pass the full cost of the commodity price increase to end consumers.
Green energy – How to outsmart disruption and future-proof business models
With more robust global political climate ambitions, green growth is an increasing driver of greater value for energy and utility companies, as well as for corporates across all sectors. With 2020 a green watershed, the authors outline key opportunities that leaders need to seize to futureproof their businesses and increase shareholder value.
Industrial energy management
With sustainability commitments on the horizon, how can industrial companies reach their targets cost-effectively?
Strategy: How to cope with the uncertainties of tomorrow’s new world
Planning for the future has never been more difficult given the unstable and uncertain global environment that businesses face at both a macro and micro level. Based on insights from client conversations and internal experts, we outline the range of potential scenarios organizations could face, along with guidance and best practice on making strategic decisions in tomorrow’s new world.
How to enable the company of tomorrow
Businesses have traditionally organized themselves to ensure optimal effectiveness in each of their business functions. However, shorter product lifecycles, demand for customization, rising consumer expectations, and the growth of automation and data challenge this model. This article explains how success requires organizations to decouple capabilities from business functions, in order to deliver best-inclass performance and enable the company of tomorrow.
Energy retailers: Facing the toughest transition in the energy sector
What’s next for TSOs?
Within the energy ecosystem, the transition towards a more sustainable future mostly materializes through rapid increases in renewable energy sources, distributed generation and energy storage at large. The increasing share of intermittent generation sources is redefining the rules of the game – roles and accountability within the energy value chain are turned upside down.
Flexibility services: Catch me if you can!
As utilities are exposed to bigger risks of supply-and-demand imbalance fueled by unpredictable, intermittent generation sources, they are searching for flexibility solutions to offset their open positions. In this market context, energy aggregators have emerged, and are taking an increasingly important role in optimizing electricity generation and demand volatility by providing the needed flexibility. Meanwhile, multiple traditional (integrated) utilities have developed similar demandside response (DSR) solutions and even acquired aggregators altogether.
Future of batteries
Battery technologies are central to delivering significant advances in a wide range of industries, from electric vehicles to renewable power. This has catapulted battery technology to the top of the priority list for many players, leading to a huge boom in investment, as companies try to build key positions in the market.
Balancing the positives and negatives – The rise of the battery ecosystem
Expanding markets such as electric vehicles, renewable energy storage and consumer electronics are driving enormous interest and investment in the battery sector, from both incumbents and new players. Based on a new ADL study, this article explores the drivers, challenges and likely outcomes in the market, providing key lessons to inform future strategies.
Virtual Power Plants – At the heart of the energy transition
Energy utilities are evolving towards greater reliance on flexibility to respond to an increasing supply-and-demand imbalance. In that context, the role of aggregators has become predominant in optimizing electricity generation and demand through virtual power plants (VPPs) and complementing traditional power plants in the provision of flexibility.
Agility in managing electricity grids: The case for batteries
The rise in renewable energy has created unprecedented challenges for the planning and operation of an electricity grid that was built on the assumption of power being provided predominantly by large, centralized generation sources and consumed as soon as it is produced. As a means of addressing these challenges, batterystorage technologies are therefore attracting great interest, and this article looks at their future role and the drivers and barriers to their greater adoption in major markets.
Battery Storage: Still Too Early?
Renewable energy deployment over the last decades has posed unprecedented challenges for the planning and operation of power systems. In the context of increasingly decentralized and intermittent generation, power utilities1 and system operators need to rethink their portfolios, business models and positions in the market in order to be resilient to these changes and benefit from them.
Demand Side Management
In times of energy transition, when intermittent decentralized generation is on the rise and large traditional generation assets are retiring, electricity systems increasingly need flexible solutions to ensure security of supply.
Florence is a Partner based in the Brussels office and leading the “Energy & Utility” practice in Belgium. She is also an active member of the “Strategy & Organization” practice.
Florence has been working within the European energy and utilities sector for over 18 years. She has worked with several leading energy companies and utilities all over Europe , enabling large operational and strategic-change initiatives in the wholesale, generation, network and retail areas of business. Through her various experience, Florence has developed a strong understanding of the strategic challenges and decision-making processes energy companies face along their whole value chain.
Her experience has been gathered from a variety of roles in corporate strategy, investment opportunities assessment and transactions, market-entry strategy, business optimization and project management.
She is an experienced consultant who is used to balancing high-level shaping with detailed analysis to find and deliver pragmatic solutions to problems on numerous topics.
Prior to joining Arthur D. Little, Florence worked for other consultancies, mainly in the utility and energy industry. Florence holds a Commercial Sciences master’s degree from ICHEC. She is fluent in French, English, and Dutch.
In addition to her consulting career, Florence is the happy mother of two beautiful daughters.
The race to smart home energy management systems
Amidst the uncertainties and challenges of today’s energy market, home energy management systems (HEMS) can offer value to end users by addressing unmet needs and emerging pain points such as energy consumption optimization, automation, and affordability of energy bills, while allowing companies to diversify and/or enhance their value proposition. The latter has already motivated companies within and outside the traditional energy ecosystem to investigate the opportunity.
Hydrogen
While much of the focus on achieving net zero has been on green electricity, momentum is growing behind hydrogen within the energy transition, with the IEA predicting a four-fold increase in demand between now and 2040.
Taking demand-side response to the household level
Within an extremely limited period and without a break, Europe — and the world as a whole — is undergoing the second consecutive major shock spanning geographies and industries. Both businesses and households alike are feeling the depths of the current energy crisis in their energy bills. However, this ongoing crisis will undoubtedly represent opportunities, too.
Energy crisis & beyond
Energy retailers have been facing unfavorable market evolutions for multiple consecutive years, triggering a first wave of bankruptcies in the industry and preventing important innovations to exploit new healthy revenue streams, among which are the required investments to accelerate the energy transition. With the current energy crisis, even major players are alarmed due to skyrocketing prices and customers faulting on their energy bills.
The rise of the energy community & its lifeline to the battery
Increased consumer engagement combined with growing availability of affordable, small-scale distributed energy resources (DERs), along with legislative changes, present opportunities for local energy community (LEC) initiatives, in which consumers can actively participate in optimizing their energy bills. These initiatives can protect consumers from high and extremely volatile energy prices. Moreover, opportunities are emerging for traditional and nontraditional market players to enable and facilitate these new community models.
Energy retailers’ business model
Phaseout of supply generation assets such as coal, a high demand for gas in Asian markets pushing down European supply, cold weather, and the shortage of Russian gas supply together have led to record energy prices across Europe. Tensions between Ukraine and Russia will likely worsen the already dramatic situation on energy markets. The consequences are dramatic, both for retailers and consumers. On the one hand, there have been a series of electricity and gas retailer bankruptcies, as they have been unable to pass the full cost of the commodity price increase to end consumers.
Green energy – How to outsmart disruption and future-proof business models
With more robust global political climate ambitions, green growth is an increasing driver of greater value for energy and utility companies, as well as for corporates across all sectors. With 2020 a green watershed, the authors outline key opportunities that leaders need to seize to futureproof their businesses and increase shareholder value.
Industrial energy management
With sustainability commitments on the horizon, how can industrial companies reach their targets cost-effectively?
Strategy: How to cope with the uncertainties of tomorrow’s new world
Planning for the future has never been more difficult given the unstable and uncertain global environment that businesses face at both a macro and micro level. Based on insights from client conversations and internal experts, we outline the range of potential scenarios organizations could face, along with guidance and best practice on making strategic decisions in tomorrow’s new world.
How to enable the company of tomorrow
Businesses have traditionally organized themselves to ensure optimal effectiveness in each of their business functions. However, shorter product lifecycles, demand for customization, rising consumer expectations, and the growth of automation and data challenge this model. This article explains how success requires organizations to decouple capabilities from business functions, in order to deliver best-inclass performance and enable the company of tomorrow.
Energy retailers: Facing the toughest transition in the energy sector
What’s next for TSOs?
Within the energy ecosystem, the transition towards a more sustainable future mostly materializes through rapid increases in renewable energy sources, distributed generation and energy storage at large. The increasing share of intermittent generation sources is redefining the rules of the game – roles and accountability within the energy value chain are turned upside down.
Flexibility services: Catch me if you can!
As utilities are exposed to bigger risks of supply-and-demand imbalance fueled by unpredictable, intermittent generation sources, they are searching for flexibility solutions to offset their open positions. In this market context, energy aggregators have emerged, and are taking an increasingly important role in optimizing electricity generation and demand volatility by providing the needed flexibility. Meanwhile, multiple traditional (integrated) utilities have developed similar demandside response (DSR) solutions and even acquired aggregators altogether.
Future of batteries
Battery technologies are central to delivering significant advances in a wide range of industries, from electric vehicles to renewable power. This has catapulted battery technology to the top of the priority list for many players, leading to a huge boom in investment, as companies try to build key positions in the market.
Balancing the positives and negatives – The rise of the battery ecosystem
Expanding markets such as electric vehicles, renewable energy storage and consumer electronics are driving enormous interest and investment in the battery sector, from both incumbents and new players. Based on a new ADL study, this article explores the drivers, challenges and likely outcomes in the market, providing key lessons to inform future strategies.
Virtual Power Plants – At the heart of the energy transition
Energy utilities are evolving towards greater reliance on flexibility to respond to an increasing supply-and-demand imbalance. In that context, the role of aggregators has become predominant in optimizing electricity generation and demand through virtual power plants (VPPs) and complementing traditional power plants in the provision of flexibility.
Agility in managing electricity grids: The case for batteries
The rise in renewable energy has created unprecedented challenges for the planning and operation of an electricity grid that was built on the assumption of power being provided predominantly by large, centralized generation sources and consumed as soon as it is produced. As a means of addressing these challenges, batterystorage technologies are therefore attracting great interest, and this article looks at their future role and the drivers and barriers to their greater adoption in major markets.
Battery Storage: Still Too Early?
Renewable energy deployment over the last decades has posed unprecedented challenges for the planning and operation of power systems. In the context of increasingly decentralized and intermittent generation, power utilities1 and system operators need to rethink their portfolios, business models and positions in the market in order to be resilient to these changes and benefit from them.
Demand Side Management
In times of energy transition, when intermittent decentralized generation is on the rise and large traditional generation assets are retiring, electricity systems increasingly need flexible solutions to ensure security of supply.
More About Florence
- Institut Catholique des Hautes Etudes Commerciales (ICHEC) – BelgiumMaster in Commercial Sciences, specializing in International Management
- Baringa PartnersManager
- Sia PartnersSenior Consultant
- AccentureBusiness Analyst