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

Table of Contents

Executive Snapshot

Figure: Executive Snapshot: Utilities Industry Quarterly Update, October–December 2020

New Market Developments and Dynamics

Situation Overview

Business Environment, 4Q20

Figure: Worldwide Real GDP Growth Forecasts for 2020 by Region and Forecast Quarter, 2020

Figure: Personal/Private Consumption for Select Geographies, 1Q20-4Q20

Demand and Prices

Oil Prices

Figure: Brent Oil Price and West Texas Intermediate Crude Oil Price Trends 12-Month Hindsight, January–December 2020

Electricity Prices

Figure: Electricity Prices in Major European Power Exchanges

Figure: U.S. Average Actual Residential Electricity Prices, January–December 2020

Clean Energy and Sustainability

Indicators of Renewable Performances on Financial Markets

Figure: NASDAQ Clean Edge Green Energy Total Return

Listed Utilities Performance

Figure: Dow Jones Indexes, January–December 2020

New Market Developments and Dynamics

M&As, Agreements, Reorganizations, and Major Business Developments, 4Q20

Dominion Energy Sells Majority of Gas Assets in $8 Billion Deal

Octopus Energy Group Enters Asia with Partnership with Tokyo Gas

Octopus Energy Enters U.S. with Acquisition of Evolve Energy

EDF to Double Renewables Capacity with New $2.8B Green Bond

Berlin Plans to Buy City's Power Grid from Vattenfall

E.ON Launches $306M Fund for Next-Gen Digital Technologies

Equinor, SINTEF Enter into a Strategic Collaboration Agreement

ENGIE Launches New Energy Innovation Center

Ituri Launches Its Own Electricity Company

Enel Expands into Canadian Innovation Ecosystem Partnership with MaRS

New Financing Deals, 4Q20

EIB, LBBW Finance Four Wind Farms Near Poznan, Poland

New Partnership to Unlock $268M for Egypt's Climate Fight

Hungarian Utility to Use EIB Aid for Smart Meter Rollout

EIB, Gmp Join Forces to Promote Investment in Sustainable Buildings in Madrid

Nigeria Benefits from EU Funding for Renewable Energy Projects

IRENA, CDF Partner on Energy Transition Funding for Caribbean Islands

Greenco Closes $1.5M Investment to Empower Its Operations in Zambia

Enel to Expand Renewables Capacity with $1.2B "Sustainability-Linked Loan"

Major Traditional Infrastructure Projects, 4Q20

Gas-Fired RWE Plant to Supply German Nuclear Decommissioning Project

Myanmar Secures Energy Supply with New 16MW Gas Power Plant

Europe's NordLink Enters Operational Trial Run

TOTAL Solar DG Starts Building One of Southeast Asia's Largest Microgrids

Energy China Invests $3.7B in Mongolia Integrated Project

Major Renewables Infrastructure Projects, 4Q20

Iberdrola Partners to Invest $2.1B in Green Hydrogen Production

Biogas Plant Inaugurated in Brazil

Europe's Largest Rooftop PV System Goes into Operation in Hungary

Enel Green Power Starts Operating 140MW of Wind Capacity in SA

Mozambique Launches the Construction of Second Solar Power Plant

Ghana Commissions 6.5MW Lawra Solar Power Plant

Golden Valley Wind Energy Facility Connects to SA's National Grid

Water: New Developments, 4Q20

AfDB Aided Project Improves Access to Water and Sanitation in Tanzania

Suez Continues to Fight Veolia's $13B Takeover Project

York Water Company Acquires Amblebrook Gettysburg Water and Wastewater Systems

Hawaii Water Service to Acquire Keauhou Wastewater System

Smart Meter and Smart Grid Initiatives, 4Q20

Fluvius Initiates 4.3M Smart Meter Rollout in Belgium

ADD Grup, Eximprod Begin Deliveries of 620,000 Smart Meters in Romania

KAHRAMAA, Vodafone Launch 600,000 Smart Meters

U.K.'s So Energy Selects Morrison Data Services for Smart Meter Rollout

ANDE Expands Remote Electricity Meter Reading in Paraguay

ADD Grup Delivers Smart Meters with Hybrid Solution for Palestine

Croatian Distribution Operator Launches $27.5M Smart Grid Pilot

Liander Launches Major Grid Expansions Across the Netherlands

Con Edison Provides Smart Gas Detectors in New York

Landis+Gyr Expands Partnership with Calvin Capital to Speed Up UK Smart Meter Rollout

NB Power Selects Itron to Modernize Electricity Grid in Canada

Energy Efficiency Initiatives and Sustainability Projects (Including Smart Cities), 4Q20

Trilliant Announces Côte d'Ivoire Smart Meters and Smart City Pilot

Japan to Provide $2.4B for ASEAN Smart Cities

U.S. DOE Provides $65M for "Connected Communities"

Shanghai Wins Smart City 2020 Award

Major Hybrid and Battery Energy Storage Projects, 4Q20

TransGrid, Iberdrola, Tesla Partner on Grid-Scale Battery Project

IKEA Australia Launches Pioneering Clean Energy Storage Project

First Utility-Scale Energy Storage Deployed in Singapore

Largest U.S. Coop Utility Installs First Battery Energy Storage System

Hydro-Québec Launches EVLO Specializing in Energy Storage Systems

Wärtsilä Wins 90MW Energy Storage Contract in Southeast Asia

Major eMobility Agreements, 4Q20

Helbiz, Enel to Expand Italy's eScooter, eBike, and Renewables Markets

EDP Supports EV Rental Market in Brazil

Volkswagen to Drive EV Transition on Greek Island

Colombia to Deploy 470 Electric Buses Around Bogota

Costa Rica Regulates a Promotional Rate for Electric Bus Charging

Con Edison Testing V2G Service from Five Electric School Buses

U.S. Utility Studying Impact of V2G Charging on Grid Resilience

FCA, ENGIE EPS Partner on V2G In Italy

IT Ecosystem Major Acquisitions and Agreements, 4Q20

IFS Acquires Clevest

Infosys Acquires Blue Acorn iCi

Macquarie, Siemens Form New Energy-as-a-Service Company in the U.S.

Accenture Makes Strategic Investment in Reactive Technologies

HCL, IBM Expand Alliance to Support Digital Transformation

Generac Acquires Enbala Power Networks

IT and OT Contract Wins, 4Q20

EDF International Networks, Capgemini Sign Global Agreement

Fortum Awards Five-Year Contract to Wipro

Northumbrian Water Chooses Atos for Cloud Computing Transformation

Atos Contracted to Support Iberdrola's Ailes Marines Offshore Wind Farm

Uniper, Siemens Energy to Provide Grid Balancing for U.K. Power Stations

National Grid Selects Itron to Automate Delivery of Data to ISOs

Axpo, ABB Develop Switzerland's First Digital Hydropower Plant

ABB Provides Digital Water Management Solutions to India's Koppal District

Iberdrola Texas Deploys AI Analytics to Support Wind Energy Expansion

Enel, SIA Partner to Expand in Digital Payments and Financial Services Market

Nova Scotia Power Selects Partner for Smart Grid Atlantic Pilot Project

Digital Bill Payments Coming for Utility Customers in Brazil

Data Gumbo Partners with Texas Alliance of Energy Producers to Deliver Blockchain-Powered Smart Contracts

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