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Market Research Report

Utilities Asset Operations Quarterly Update: April-June 2019

Published by IDC Product code 781846
Published Content info 19 Pages
Delivery time: 1-2 business days
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Utilities Asset Operations Quarterly Update: April-June 2019
Published: August 1, 2019 Content info: 19 Pages

This IDC Market Perspective provides an overview of utilities' asset operations in 2Q19, covering M&As, agreements, reorganizations, and major business developments; new financial deals; major traditional infrastructure projects; major renewables infrastructure projects; new developments in water and nuclear; smart meter and smart grid initiatives; and emobility developments, ICT contract wins, and product announcements."The utility industry has been severely disrupted. While developed countries focus on decarbonizing the sector, developing countries are tasked with building as much new capacity as possible to feed growing energy demand, which includes traditional generation and renewable generation. Many countries are also facing water crises, forcing them to invest in new or refurbished water assets," said Gaia Gallotti, associate research director, IDC Energy Insights in Europe.

Table of Contents
Product Code: US44329619

Executive Snapshot

New Market Developments and Dynamics

  • Situation Overview
    • Business Environment, 2Q19
    • Prices
      • Oil Prices
    • Renewables
      • Indicators of Renewable Performances on Financial Markets
      • Listed Utilities Performance
  • M&As, Agreements, Reorganizations, and Major Business Developments, 2Q19
    • AEP Completes $1B Acquisition of Sempra
    • Atlantic Power Expands Its Portfolio of Biomass Energy
    • ENGIE and Tokyo Gas to Invest in Mexico Renewables Developer
    • Vattenfall Wins First Power Distribution Network Contract in the U.K.
    • SUSI Partners Acquires 50% of California-Based Energy Storage Portfolio
    • Siemens to Sell Majority Stake in Power and Gas Businesses
  • New Financing Deals, 2Q19
    • New York Commits $280 Million for Energy Storage Projects
    • UKRI Launches $38 Million Fund for Smart Energy Start-Ups
    • EIB Approves $4.5B in Smart Energy Financing
    • Mozambique Gets $148M to Increase Access to Electricity
    • Ethiopia Secures Grant to Roll Out Hydropower Projects
    • Renewable Energy Fund Achieves $227M in Africa
    • OVO Foundation Funds Electrification Projects in Kenya
    • BBOXX Bags $8 Million Loan to Accelerate Solar Home Systems in Rwanda
    • Tanzania Approves $309 Million for Stiegler's Gorge Contractor
    • China Obtains Grant to Scale-Up Distributed Renewable Energy
  • Major Traditional Infrastructure Projects, 2Q19
    • E.ON to Commission 2,500 Digital Transformer Stations
    • Alliander Implements DNV GL's Online Monitoring Tool Smart Cable Guard
    • Kenya Power Enhances Capacity at Garissa Substation
  • Major Renewables Infrastructure Projects, 2Q19
    • China Approves 21GW Of Renewables Projects
    • Enel Green Power RSA Constructs 140MW Oyster Bay Wind Farm
    • Enel Green Power Starts Construction of 90MW Azov Wind Farm in Russia
    • Ørsted Eyes Building Two Wind Farms in Taiwan
    • Vattenfall, Siemens Gamesa Install Turbines at North Sea Wind Farm
    • Tucson Electric Power Hires EDF to Build Its Largest Wind Farm
    • Senegal Gets Wind Turbines for Its First Large-Scale Wind Farm
    • Construction of Floating Solar Array in California Started
    • Shell to Replace Gas with Solar for Oman Port
    • Consortium Wins Bid to Build 500MWac Solar PV Plant in Oman
    • EDF to Develop 800MW Hybrid Renewables Plant in Morocco
    • Iberdrola Launches Brazilian Hydro Plant to Serve 1M People
    • New Partnership to Trial Tide, Hybrid Renewables
    • Vattenfall Pilots Salt Technology with 10x the Capacity of Water Storage
    • Moixa to Build VPP as First Phase of UK Smart Energy Project
    • DEWA Builds Dubai's First Virtual Power Plant
    • Vibeco Working with Siemens to Pilot VPP Technology in Finland
  • Nuclear: New Developments, 2Q19
    • Rwanda Signs Nuclear Energy Deal with Morocco
    • Pennsylvanian Three Mile Island Nuclear Power Plant Is Shutting Down
  • Water: New Developments, 2Q19
    • Biwater Awarded $272M Contract in Ghana
    • Illinois American Water Invests $1.8M in City of Farmington's Water System
    • Aurora Water Upgrades for Next-Generation Metering Services
    • IDE Technologies to Provide Reverse Osmosis Solutions to Singapore
  • Smart Meter and Smart Grid Initiatives, 2Q19
    • ONE Nordic, Telia to Connect 900,000 IoT-Enabled Smart Meters in Sweden
    • Nova Scotia Announces Smart Meter and Workforce Management Initiative
    • Denmark Completes Nationwide Rollout of IoT Network
    • Ameren Partners on 1.4M Smart Meters Project
    • Taiwan Power Company Choses Greenbird for Smart Metering IT Infrastructure
    • Aqualectra Is Deploying Smart Grid to the Island Nation of Curacao
    • OVO Offers Smart Gas and Electric Metering on Single Platform
    • Siemens to Enhance U.S. Grid Network in $6.4M DOE Contract
    • Australia Proposes $36M Microgrid Pilot
    • Liberty Utilities to Deploy Smart Metering to 700,000 Consumers
    • Grand Bahama Deploys AMI for Grid Modernization
  • Major eMobility Agreements, 2Q19
    • France to Invest $223M for Autonomous Electric Public Transport
    • Sweden Pilots One-of-a-Kind Mobile EV Charging System
    • Irish Government to Invest $23M in HV EV Charging Points
    • $32M in Funding Available to Drive U.K. Low-Carbon Vehicle Tech
    • Smart EV Charging Network Optimizes Use of Renewable Energy in Amsterdam
    • U.K. Youth to Design the EV Charging Point of the Future
    • Yellow Cab Enters Utility Initiative to Expand EV Portfolio
    • Enel Launches Italy's First E-Scooter Sharing Service
    • Power Ledger and Silicon Valley Power Trial to Turn EVs into Mobile ATMs
  • ICT Contract Wins, 2Q19
    • UKPN Plans for Advanced Electricity Network Control System
    • Snam, Cisco Sign Agreement to Develop IoT Tech
    • Naturgy Signs Hybrid Cloud Services Agreement with IBM to Boost Digital Transformation
    • Equinor Signs Three-Year Contract Extension with Capgemini
    • Gasunie, Accenture Deploy New Digital Gas Transport Management System
    • Lyse Extends Strategic IT Partnership with Tieto

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