The report "Benefits and risks for telcos considering opportunities in energy management" discusses the changing landscape of the energy utility industry and the potential business models for telcos in this space. The report suggests that traditional power utilities are rapidly changing as markets have liberalized and decentralized power generation is becoming more prevalent. The report also highlights the growing trend of customer centricity and the integration of disruptive technologies such as home batteries and solar photovoltaics. The authors of the report, Dobromira Boyadjieva, Karim Taga, and Didier Levy, acknowledge the support and valuable input of David Borras and Kirsty Ingham.