TECH SUPPLIER Jan 2021 - Market Perspective - Doc # EUR145815921

EMEA Utilities Industry Quarterly Update: October–December 2020

By: Gaia GallottiAssociate Research Director, Europe, Luiza SemernyaResearch Analyst, IDC Energy Insights, EMEA

Abstract

This IDC Market Perspective provides an overview of the utilities industry in 4Q20, covering M&As, agreements, reorganizations, and major business developments; new financing deals; major traditional infrastructure projects; major renewables infrastructure projects; water developments; major hybrid and battery energy storage projects; smart metering, smart grid, and energy-efficiency initiatives; major emobility activities; IT ecosystem major acquisitions and agreements; and major IT and OT contract wins.

"As the COVID-19 pandemic persists, utilities will strive to recover by accelerating previously launched digitization and decarbonization initiatives. They will further need to innovate, keeping in mind that the current situation will in one way or the other shape the industry for years to come," said Gaia Gallotti, Associate Research Director.


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