TECH SUPPLIER Oct 2021 - Market Perspective - Doc # EUR147228921

EMEA Utilities Industry Quarterly Update: July-September 2021

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


This IDC Market Perspective provides an overview of the utilities industry in 3Q21, covering M&As, agreements, reorganizations, and major business developments; new financing deals; major traditional infrastructure projects; major renewables infrastructure projects; major green hydrogen 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; major IT and OT contract wins; and IT product announcements.

"2021 kicked off with renewed optimism for economic recovery and vaccination rates picking up around the globe, enabling businesses to cautiously resume to pre-pandemic levels. Despite a challenging 2020, deployment of renewable energies has never been more promising, and commitment by nations, utilities, and even oil and gas companies for an expansion of electric vehicles can be clearly seen. Finally, the acceleration of utilities' customer engagement activities in 2020 are expected to pick up this year as the residential market has come to expect a better customer experience even from their energy suppliers," said Gaia Gallotti, associate research director, IDC Energy Insights.



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