target audience: TECH SUPPLIER  Publication date: Jul 2024 - Document type: Market Perspective - Doc  Document number: # US51716724

Utilities Asset Operations Quarterly Update: April-June 2024

By:  Gaia Gallotti Loading

Content



Get More

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.



Related Links

Abstract


This IDC Market Perspective provides an overview of utilities' asset operations in 2Q24. It covers M&As, agreements, reorganizations, and major business developments; new financial deals; major renewables infrastructure projects; major green hydrogen projects; smart meter and smart grid initiatives; major flexibility, EV, and battery energy storage projects; IT ecosystem major acquisitions and agreements; major IT and OT contract wins; IT product announcements; and generative AI (GenAI).

"Unpredictability has become the name of the game for utilities — and the events of the past two years have changed the game. While more immediate matters such as supply security, demand efficiency, and tariff impacts on energy consumers are drawing attention from long-term initiatives, contingent factors such as extreme drought and catastrophic weather events are a vivid reminder that climate is a nonlinear factor that must be addressed with extreme urgency. Utilities will continue to prioritize their net-zero journeys and sustainability efforts, with affordability being of paramount importance," said Gaia Gallotti, associate research director, IDC Energy Insights.



Coverage


Do you have questions about this document
or available subscriptions?