Philip Wallace
Founding Director & Principal Consultant

Philip Wallace is a senior energy sector leader with 28 years of experience at E.ON, holding roles in Finance, Trading, Energy Generation, Renewables, Business Transformation, B2B, B2M, and Energy Infrastructure Solutions. His global expertise spans North and South America, East Asia and Europe, spearheading innovative market strategies, major project investments, complex deal negotiations, and cross jurisdictional commercial dispute resolution.
As a strategic visionary, Philip pioneered the ‘city energy transformation’ model, establishing E.ON as market leader through a ground-breaking Strategic Energy Partnership joint venture with Coventry City Council. His collaborative approach unites public and private sectors to address critical urban challenges – energy, housing, transport, waste recovery and reuse, fuel poverty and economic growth – delivering measurable, community-focused outcomes.
As Director of Veracity Energy, Philip continues to spearhead thought leadership, policy, strategy, commercialisation, partnerships and delivery. He advises and unites public and private stakeholders, policymakers, investors and community groups to deliver innovative, cost-effective, and sustainable infrastructure at scale, enhancing energy security, resilience and community well-being.
Philip’s goal remains to improve people’s lives by transforming the cities and communities in which we live.
Beyond his professional career, Philip brings a global perspective, with postgraduate studies in Jerusalem on, and a continuing passion for, Middle Eastern history, religion, and politics. He has contributed to his community as a trustee of a UK charity and Governor of an academy primary school.
philip.wallace@veracityenergy.co.uk



