TECH SUPPLIER Nov 2022 - Market Perspective - Doc # US48634822
Utilities Asset Operations Quarterly Update: July–September 2022
This IDC Market Perspective provides an overview of utilities' asset operations in 3Q22, covering M&As, agreements, reorganizations, and major business developments; new financial deals; major traditional infrastructure projects; major renewables infrastructure projects; major hybrid and battery energy storage projects; major green hydrogen projects; new water developments; smart meter and smart grid initiatives; microgrid initiatives and agreements; emobility developments; conservation and energy efficiency initiatives; and IT ecosystem agreements, IT contract wins, and IT product announcements.
"While 2021 established a new normal and many utility companies broke records in renewable capacity installed and overall business performances, the Russia-Ukraine War that began in February 2022 continues to jeopardize sustainability targets for 2050. Europe's need to prioritize security of energy supply risks the EU block taking a step backward 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.
IDC Energy Insights: Worldwide Utilities Connected Asset Strategies
Big data analytics and discovery, Broadband, Governance, Internet of things, Networks, Routers
Clean energy, Distributed energy, Smart meter, smart grid, Solar
List of Figures
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.