Signs are positive. Shares in owner Pennon Group fall as it says Ofwat has launched inquiry into South West Water. We are focusing on two key areas: cloud technology and artificial intelligence (AI). Cybersecurity is ingrained in our operations.
Energy, Chemical and Utilities Consultants | Strategy& Middle East Utilities Middle East Power Week 2023 | Dubai | Mar 21 With rapid economic and population growth resulting in higher energy demand, the need for energy management is substantial in the Middle East and African region, driving market growth. A thorough investigation will now be carried out and we will provide updates in due course on our findings and whether there is any further action Ofwat needs to take.. The Strategy& team conducted a rapid validation of the countries and plays identified in the long-term plan on agreed macro and market dimensions. Read More, Industry - Country Industry Forecasts - Saudi Arabia Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2023, increasing by 1.1%, and is forecast to remain at 1.1% growth in 2024. The regions unique characteristic lies in the variety of challenges it faces. Non-revenue water (NRW) is water that is lost before it reaches end-users, with water leakage being a key contributor to global water loss, currently valued at $40 billion per year, which is now driving the demand for smart technology solutions. The United Arab Emirates, South Africa, Saudi Arabia, Turkey, and Rest of Middle East & Africa are analyzed in the market in this region. 5
Pennon Group, which owns South West Water and Bristol Water Group, told its shareholders Ofwat had announced an investigation into the companys operational performance during 2021 and 2022.
Middle East Utilities Market Research Reports & Analysis page 1 Schneider Electrics vision of grids of the future encompasses the entire architecture required to capture and utilise this data effectively. This involves IoT-enabled switchgears, such as Ringman units and RTUs, to extract data. Since some of the malware implants are still in the developing stages, it is crucial for cybersecurity teams to watch out for any possible attacks that might be performed by the actor. We leverage AI in asset management and performance management as well, transitioning from scheduled maintenance to predictive maintenance. Registered in England and Wales. They then designed a customized margin-tracking tool, and ran it on historical data to identify the sources of margin leakages.
Clean energy investments to peak $1.7 trillion in 2023 - Utilities However, these challenges cannot be effectively tackled without a holistic approach to digitisation. Since the mid-1990s, Strategy& Middle East has provided consulting services for energy clients in the Middle East. Utilities Middle East - Aug 2009 Issue - ITP Business. Following an extensive baseline of the domestic value chain, the team outlined a series of strategic pathways for the energy sector, covering crude commercialization, long-term refining, natural gas supply allocation and commercialization, the long-term energy-intensive industry, and power generation and fuel mix. Italy Marco Fantozzi +39 3395923610 ; marco.fantozzi@isleutilities.com; Isle S.r.l. Three tipping points will mark the emergence of a new energy system. We bring our clients an unparalleled understanding of the global and regional markets, thanks to a diverse team combining strategic experience, industry expertise, and knowledge of local specificities. 10
Hitachi Energy secures massive NEOM power transmission contract Say more by seamlessly including video within your publication. In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services:Functional cookiesto enhance your experience (e.g. Recognising the significant changes that digitisation brings, Schneider Electric acknowledges the need for utilities to adapt their processes, dispatching crews, and network operations.
Middle East Smart Water Utilities 2023 Power and utilities - Future of generation, http://www.apicorp.org/Research/EnergyReseach/2018/APICORP_Energy_Research_V03_N08_2018.pdf, https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2019/Jan/IRENA_Market_Analysis_GCC_2019.pdf, https://www.middleeastelectricity.com/content/dam/Informa/Middle-East-Electricity/en/pdf/AET18DME-EJ-GCC%20Power%20Market%20Report%202018.pdf, http://www.apicorp-arabia.com/Research/EnergyReseach/2018/APICORP_Energy_Research_V03_N07_2018.pdf. EY | Assurance | Consulting | Strategy and Transactions | Tax. While increasing generation capacity and establishing basic energy infrastructure may seem more pressing, digitisation plays a crucial role in maximising the value of these projects. Utilities must decide now which role they will take in this new energy market, and how they will develop different capital strategies and operating models for changing conditions.
Send readers directly to specific items or pages with shopping and web links. The countdown is on to a new energy market in the GCC one reshaped by renewables, digital technologies,smart grid infrastructure and changing consumer demands.
Utilities Middle East - June 2023 - Utilities Middle East By taking this measured approach, utilities can embrace digitisation and capitalise on its benefits while steadily progressing towards a more mature and confident digital framework. The Strategy& team first created a baseline of the refinerys units, processes, product flows, and production. In fact, EY and a global analyst house have identified three critical points when everything changes. All rights reserved. Machine learning and AI are integral to our Advanced Distribution Management System (ADMS) solution. We undergo rigorous third-party lab certifications and hold ISO certifications to validate the security of our solutions. Our portfolio includes advanced distribution management systems and geographic information systems, which enable our customers to digitise and optimise their network operations. A large GCC petrochemical company was struggling to identify and pursue growth opportunities, both close to home and further afield in the MENA region.
The Top 50 Utilities Leaders in the GCC 2021 - Utilities Middle East This is attributed to the regions vast availability of solar resources and access to finance and auction designs that have delivered low prices. In particular, solar energy has clear potential in the GCC. David Black, the chief executive of Ofwat, said: We are committed to holding companies to account for performance and for sharing timely, accurate, and complete data with us and their customers. National oil companies are starting to realize that the energy transition, especially when it comes to blue and green hydrogen, is complementary to their businesses, not a hindrance.
Will Middle East utilities react to disruption, or help create it? Accordingly, the team has put forward a margin improvement plan that is centered on a revised market optimization algorithm, a dynamic decision making process, and more capable decision support team. Global energy advisor. Experts from across the region and beyond join forces to plot the best route through the energy transition.
Contact | Isle utilities Over the past decade, several GCC countries have announced ambitious renewable energy targets. . Middle East Nada Abubakr +971 582 307 693; nada.abubakr@isleutilities.com; Isle Utilities Middle East Masdar City, Abu Dhabi, UAE . Pennon said its operational performance data was subject to rigorous assurance processes which included independent checks and balances carried out by an external technical auditor. local content, subsidy reforms, environmental), Operating model, organizational change and capability management, Productivity improvements and cost optimization, Privatization and publicprivate partnerships, Digitization agendas & roadmaps to address business issues, Environmental and sustainability strategies, Holistic review of national oil company upstream performance, Downstream international growth strategy for a national oil company. South West Water is being investigated by the industry regulator over whether it accurately reported leaks and figures showing how much water is used by its customers. Informa Markets, a trading division of Informa PLC. utility became a by-word for stuffy stability. Across the region, power and water services have been largely subsidized and controlled by the state or by government-owned national utilities. Therefore, regardless of the specific challenge faced, digitisation must commence immediately to implement the desired solutions. 4
Among other aspects, the event will emphasize how various technologies can produce synergies and, in turn, create an integrated energy system. These tipping points mark a radical shift away from the sector's traditional status quo. For the launch of the program itself, the team took care of obtaining approvals, supported the efforts to socialize it, and within nine months instigated an initial tendering round to procure renewable capacity. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.
Utilities Middle East | ITP Media Group Our approach focuses on turning strategy into action and ensuring that our recommendations maximize value for our clients. In the build-up to UAE hosting COP28, Utilities Middle East Power Week 2023 is a significant addition to the various voices that seek to define a clear path for the GCC's electric power future in line with evolving market dynamics. integrated site management, data analytics for predictive maintenance, AR for workforce training, mobility, marketing and distribution, etc.)
PDF What will the Middle East power industry look like in 2030? According to the National Center for Waste Management in Saudi Arabia, the environmental damage caused by solid waste. Explore the latest insights and best practices in developing and implementing strategies to successfully facilitate the energy transition, stewardship of energy efficiency projects, all whilst enabling adequate energy generation to meet future needs. Schneider Electrics RFM offering, developed in collaboration with ESRI, serves as this single source of truth, providing network topology for monitoring and control systems as well as asset performance management. The client approved the top 10 build and buy targets and gave the team the green light to design deal structures, engage in discussions and negotiations with each selected partner, and conduct due diligence on the targets.
Throughout the Energy cycle, as companies face new and ongoing risks and challenges, they can turn to PwC for answers and results. Even so, success in a new energy market will require decisive action now from utilities, with support from governments and regulators. Read More, Jan 31, 2023|Published by: Bonafide Research & Marketing Pvt. No longer. Our readers include senior decision-makers, industry regulators and policy makers. 9
Middle East Energy | LinkedIn As a result, the industry in the Middle East and elsewhere will look radically different in 2030, Failure to digitise the distribution network will result in a loss of half the efficiency achieved through generation efforts. Sectoral strategies and policies (e.g. Schneider Electric emphasises the importance of field equipment and instruments capable of producing data that offer valuable insights into energy consumption. Sell your publications commission-free as single issues or ongoing subscriptions. The face of water supply networks is fast changing as operators navigate through the digital water age and introduce new technologies across their water networks with advances in IoT and AI for network automation and control to efficiently manage and reduce water leakage. Strategy& plays an active role in helping energy, chemicals and utilities clients in the Middle East set their long term strategies and tackle their most pressing challenges. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. So what is driving change? To address these challenges effectively, digitisation must be implemented alongside generation capacity expansion. With the decentralisation of energy resources and the rise of renewables, accurate forecasting and efficient network operation become crucial. Strategy& helped the country make sense of its vast, but damaged, oil and gas sector and the strategy required to lead it back to sustained growth.
Utilities News | Utilities Middle East | Electricity, Gas, Water News Published by and 2023ITP Media Group. by Utilities Middle East staff June 1, 2023 Fujairah National Energy Co (FUJNEC) will soon begin selecting EPC partners as the company plans to venture into engineering, procurement and construction business in the downstream oil and gas sector. They operate within a fast-moving culture that has been shaped by innovation, rapid growth and a willingness to invest in high-quality infrastructure. Via Branze 45, 25123 Brescia (BS), Italy . With power capacity requirements expected to increase at an annual rate of over 6% until 2022,2 GCC countries are moving fast to adapt their energy mix. Learn from our industry experts new and efficient ways to improve distribution. What does your role at Schneider Electric entail? Welcome to the Middle East Smart Water Utilities 2023 Exhibition and Conference, where global water utilities and network services will meet with water leakage experts and smart water technology providers in Abu Dhabi, UAE to explore efficient and cost-effective solutions for the water utilities industry. Utilities Middle East delivers essential insights for senior professionals working within the utilities sector across the GCC. In its 2022 edition, the event saw more than 3,000 unique delegate attendeeskeen to engage with government and private sector energy leaders and learn from their peers. The Middle East Smart Water Utilities 2023 event is set to become the regions leading exhibition and conference exclusively for water companies and smart water technology experts to present new solutions for water leakage and how to develop more intelligent systems across their water networks. Real-time mission-critical applications, such as network-scale SCADA, are better suited for non-cloud environments, while non-real-time enterprise applications can be deployed on the cloud using a modular approach. It is targeted at end users from the region's water, electricity and gas industry and includes news, features, comment, data, analysis and case studies covering the sector.
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