TECH SUPPLIER Jul 2022 - Market Perspective - Doc # EUR148631722
EMEA Utilities Industry Quarterly Update: April–June 2022
Abstract
This IDC Market Perspective provides an overview of the utilities industry in 2Q22, 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.
"While 2021 established a new post pandemic normal and many utility companies broke records in renewable capacity installed and overall business performances, the Russian invasion of Ukraine at the beginning of 2022 is jeopardizing sustainability targets for 2050. Europe's need to prioritize security of energy supply risks the EU-block having to take a step backwards on its climate change agenda. We expect utility companies to nonetheless continue on their journeys prioritizing decarbonization, electrification, flexibility for resilience and new business models," said Gaia Gallotti, associate research director, IDC Energy Insights.
Coverage
Subscriptions Covered
IDC Energy Insights: European Utility IT and Operational Technologies Strategies
Companies Covered
Toyota Motor Corporation, Swissgrid AG, Statoil ASA, Vattenfall Aktiebolag, Swiss Clean Battery AG, The United Illuminating Company, TRILLIANT EXPLORATION CORPORATION, TAMPA ELECTRIC COMPANY, U.S. Energy Information Administration, Vestas Wind Systems A/S, Statkraft AS, Sterling Construction Company Inc, SUNSEAP GROUP PTE. LTD., WILTON ENERGY (TEESSIDE) LIMITED, YOTTA ENERGY, INC., The Australian Capital Territory, TridentGroup, Volkswagen Group, Technip Energies N.V.
Regions Covered
Central and Eastern Europe, Middle East and Africa, Western Europe
Topics Covered
Analytic applications, Digital transformation, Global IT and economic markets, Green ICT and sustainability
Vertical Markets
Clean energy, Energy as a service, Smart meter, smart grid
Content
List of Figures
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