Failure to digitise the distribution network will result in a loss of half the efficiency achieved through generation efforts. Read More, Industry - Country Industry Forecasts - Iraq Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2023, increasing by 6.3%, before easing to 2.9% growth in 2024. INTERVIEW. Our customers value and prioritise cybersecurity, and we are actively addressing their concerns while showcasing the benefits of secure cloud solutions. Digitisation may not be top of mind when compared to immediate generation needs, basic infrastructure, or decarbonisation efforts. Additionally, cloud technology enables top-of-the-line cybersecurity measures, with Schneider Electric collaborating closely with Microsoft to address security concerns effectively. Excellent line up of speakers and the presentations were very informative with latest advancements in the industry. Wednesday: 10:00 - 18:00 With all the technology today, is cybersecurity still a major barrier to the adoption of digital grids? The United Arab Emirates, South Africa, Saudi Arabia, Turkey, and Rest of Middle East & Africa are analyzed in the market in this region. Strategy& also designed and implemented a series of programs to ensure that the renewables strategy built local content and capabilities across the value chain in a manner that is competitive with comparable foreign suppliers. Discover how EY insights and services are helping to reframe the future of your industry. Read More. Strategy&s energy, chemicals and utilities practice provides consulting services for the following industries: Strategy&s energy, chemicals and utilities practice has served almost every country in the Middle East., Select your topics of interest and get the latest insights from the Middle East. Utilities ME - Apps on Google Play The Top 50 Utilities Leaders in the GCC 2021 - Utilities Middle East Explore the latest insights and best practices in developing and implementing strategies to . As their contribution is expected to remain critical, NOCs will need to ensure they operate their core businesses effectively while developing new avenues of growth to manage their portfolio risk. Lastly, the boundaries between utilities and non-utilities are becoming blurry, and very soon the future of energy supply and adjacent smart grid and digital services would become a survival of the fittest story. We have seen industries and countries leverage technological advancements to leapfrog generations of technology, as demonstrated in the telecommunications industry. Global energy advisor. 2 'result' : 'results'}}, Pathfinder - doing business in the Middle East, The GCC post-pandemic: Massive and fast transformation, Building tomorrows workforce: Six no-regrets plays to make today, Transitioning to the new normal: webcast series, Responding to the potential business impacts of COVID-19, PwC's Watani Graduate Programme for UAE Nationals. The sourcing of electrical equipment and services from within the local economy will play an increasingly important role, reflecting a recognition that the hundreds of billions of dollars that governments in the region will spend on critical power and water infrastructure could potentially fuel economic growth, create jobs, and support broader national strategies. It Read More, < prev by Utilities Middle East staff May 30, 2023 SHARE Global investment in clean energy is projected to reach $1.7 trillion in 2023, surpassing spending on fossil fuels as clean technologies gain momentum, driven by concerns over affordability and energy security, according to a report by the International Energy Agency (IEA ). Few groups in the UAE and the MENA (Middle East and North Africa) area have investigated e-waste recycling behaviour. Strategy& was retained by one of the worlds largest national oil companies to help identify performance improvement opportunities across the spectrum of upstream operations. Browse Research Middle East All CategoriesHeavy IndustryEnergy & Resources Utilities, May 02, 2023|Published by: GlobalData|USD 500, (21.9%), and wholesale, retail and hotels utilities (15.1%) in 2022. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets. Our solutions cover the entire lifecycle of network management, from planning and design to maintenance. This involves IoT-enabled switchgears, such as Ringman units and RTUs, to extract data. Our portfolio includes advanced distribution management systems and geographic information systems, which enable our customers to digitise and optimise their network operations. 8 All Rights Reserved. Across GCC countries, investment in new solar is therefore increasing in size and scope: At the end of 2018, the region had 146 GW of installed power capacity, of which renewable energy accounted for less than 1%.3Despite the large capacity, significant investment will be needed in additional generation and for transmission and distribution over the coming years.4In the next five years, for example, the region is expected to invest US$55b for an additional 43 GW of generating capacity and US$34b for transmission and distribution to meet rising demand.5From which, renewable energy deployment is expected to accelerate, and nearly 7 GW of renewable capacity is expected online by the early 2020s. Source: Oxford Economics; CEIC, IRENA, IEA. 3 powerful conferences | 1 incredible show. Following that, an integrated national energy model was developed to evaluate and assess the implications of each strategic pathway on energy security, government value maximization, economic diversification, employment generation, and environmental sustenance. Read More, Industry - Country Industry Forecasts - Oman Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2023, remaining level, before easing to -0.2% decline in 2024. Sign up to receive our latest insights from the Middle East. Middle East Energy is the world's leading energy exhibition which will take place at the Dubai World Trade Centre from 7-9 March 2023, bringing together leading lights of the global industry,. How do you move long-term value creation from ambition to action? Since the mid-1990s, Strategy& Middle East has provided consulting services for energy clients in the Middle East. The team identified business opportunity "themes" (countries/regions), and created a list of potential opportunities across the validated countries/plays. Positioned to be a significant feature across the exhibition, this exclusive peer-to-peer platform will feature over 30 CEOs from across the power value chain from the MEA region. These challenges range from bridging the generation gap to improving access to energy and achieving decarbonisation goals. It also enhances interoperability within the digital grid ecosystem, connecting various enterprise asset management systems and unlocking value through cloud-to-cloud connectivity. Moving forward, what will be your main focus in this region? In addition, several non-profit organizations and government agencies are also taking Read More, Jan 30, 2023|Published by: Bonafide Research & Marketing Pvt. Utilities Middle East online platforms offer its more than 2,000 online readers with supreme interaction, timeliness and content longevity. Schneider Electric offers modular ADMS and EMS solutions, enabling utilities to start small with SCADA and gradually add modules like outage management and freeze alarms based on their specific needs. The question is can the regions state-owned, vertically integrated utilities adapt in time? And, anyone who has visited Dubai recently can attest to the fact that electric vehicle (EV) adoption is accelerating fast in the region a trend that is driven more by consumers eagerness for the technology than any economic benefit. Isle utilities The GCC smart grid market is also gaining prominence, with battery storage forming a crucial component in the integration of renewable energy to the grid. 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. Host your publication on your website or blog with just a few clicks. South West Water under investigation over leaks and usage figures 2017 No matter where your company operates, we can provide professionals with industry knowledge to assist you. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Kuwait has set a target of having renewable energy contribute 15% of the total energy mix by 2030. We are impressed by the forward-thinking approach of many utilities in the region, particularly in terms of sustainability. Utilities Middle East delivers essential insights for senior professionals working within the utilities sector across the GCC. Read Now. Signs are positive. Utilities Middle East delivers essential insights for senior professionals working within the utilities sector across the GCC. Utilities Middle East - June 2023 - Utilities Middle East Middle East Nada Abubakr +971 582 307 693; nada.abubakr@isleutilities.com; Isle Utilities Middle East Masdar City, Abu Dhabi, UAE . 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. This shift to the cloud offers a collateral benefit for utilities. The MEA Utility CEO Roundtable is a unique platform crafted for the first time at Middle East Energy 2023. Partner and Managing Director, Strategy& Middle East, Partner and ESG Leader, Strategy& Middle East, Senior Executive Advisor, Strategy& Middle East. Our coverage extends across upstream, midstream, and downstream oil and gas, chemicals and petrochemicals, as well as power and utilities, including water and district cooling.
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