At EY, our purpose is building a better working world. With the decentralisation of energy resources and the rise of renewables, accurate forecasting and efficient network operation become crucial. Polyamine has the largest market share in Read More, Mar 27, 2023|Published by: BlueWeave Consulting|USD 4,850, (Short Duration (less than 1 hour), Medium Duration (14 hours), Long Duration (more than 4 hours)); By Component (Mechanical, Electrical, Power Conversion System); By Application (Load Shifting, Renewable Energy Integration, Frequency Regulation, Black Start Capability, Read More, Mar 20, 2023|Published by: The Insight Partners|USD 3,000, Software, and Others), Application (Residential and Industrial), and Meter Type (Ultrasonic Meters, Electromagnetic Meters, and Electromechanical Meters) The Middle East & Africa smart water metering market is expected to grow from US$ 72.03 million in Read More, Mar 09, 2023|Published by: Oxford Economics|USD 250, Industry - Country Industry Forecasts - Qatar Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2023, increasing by 2.1%, before easing to 2% growth in 2024. How is the technology for digital grids evolving in response to the ever changing market needs? Energy system Holger Rogner of the International Atomic Energy Agency speaks to UME about the place of nuclear power within the energy mix. 9 Middle East Smart Water Utilities 2023 Water sector to triple leakage reduction rates The water industry has pledged to reduce leaks by 2030 to meet challenges. 2020 EYGM Limited. Utilities Middle East on the App Store As rapid urbanisation has led to a rise in water demand, pressures across the water network caused by climate change and aging infrastructure have significantly impacted water availability. The global utilities industry, which has a market capitalization of US$2.1 trillion, has entered a period of sweeping change. 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. Global Nav Open MenuGlobal Nav Close Menu Apple Sectoral strategies and policies (e.g. Utilities ME - Apps on Google Play Tuesday: 10:00 - 18:00 It's like a masterclass to be explored at your own pace. Utilities Middle East online platforms offer its more than 2,000 online readers with supreme interaction, timeliness and content longevity. Rooftop solar installations are gaining in popularity in the UAE following the introduction of net metering schemes. In particular, solar energy has clear potential in the GCC. Five primary factors are resetting the foundations of the GCC energy sector: The energy industry is at the start of a period of unprecedented change, one that will fundamentally change the market place (presenting new challenges as well as new opportunities). Building and maintaining an in-house IT infrastructure requires IT experts, who are often scarce, expensive, and challenging to retain. South West Water is being investigated by the industry regulator over whether it accurately reported leaks and figures showing how much water is used . The team then generated a list of M&A targets and greenfield opportunities that aligned with the growth strategy and evaluated the most promising, ascertaining the synergies. Learn from our industry experts new and efficient ways to improve distribution. Via Branze 45, 25123 Brescia (BS), Italy . Thursday: 10:00 - 17:00. by Staff Writer July 8, 2021 SHARE 2 Something went wrong. Sales Manager, Utilities Middle East Tel: +971 4 444 3268 GSM: +971 52 874 2354 jaya.kumar@itp.com Editorial Baset Asaba Editor Tel: +971 4 444 3159 baset.asaba@itp.com ITP Media Group Utilities-ME.com is a publication of the ITP Media Group. UAE: Fujairah's energy giant to enter EPC business; eyes $100 billion By embracing digitisation from the outset, utilities in the region can overcome challenges, optimise efficiency, and leverage the full potential of their energy projects. 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. Schneider Electric emphasises the importance of field equipment and instruments capable of producing data that offer valuable insights into energy consumption. 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. . Failure to digitise the distribution network will result in a loss of half the efficiency achieved through generation efforts. At the same time, NOCs are faced with increasing challenges exacerbated by a changing oil price environment: capacity expansions, management of the cost per barrel, monetization of non-associated and technically challenging gas reserves, improvements to oil products quality, win-win engagements with the international oil companies (IOCs) and the private sector, step changes in local content obligations, relevant research and development, and a shortage of capabilities. Published by and 2023ITP Media Group. Strategy& was retained by one of the worlds largest national oil companies to help identify performance improvement opportunities across the spectrum of upstream operations. 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. As the Senior Vice President of Schneider Electrics Digital Grid line of business, my role focuses on providing software solutions to utilities, particularly distribution utilities. EY Digital Grid helps power companies digitize their grids for a resilient, flexible, data-driven energy system and a clean energy future. Strategy& was retained by a leading international downstream subsidiary of a major Middle East national oil company to validate the existing long-term strategic plan, with key strategic directions cascaded to the different operating units, supported by concrete road maps for the operating units to pursue. The Top 50 Utilities Leaders in the GCC 2021 - Utilities Middle East Middle East countries such as Saudi Arabia, the United Arab Emirates, and Qatar have historically focused on upstream and midstream process industries, mainly in steel and aluminum, leveraging advantageous energy costs. Meet the Team | Isle utilities South West Water brought in revenues of 583m for the year to 31 March 2022. - 2023 PwC. All Rights Reserved. These initiatives also reflect the GCCs strong track record in innovation and adoption of new technologies smart meters arrived relatively late to the region, but their speed of deployment and acceptance by customers was much quicker than that seen in other regions. Water is one of the most valuable resources across the globe. Copyright 2023. INTERVIEW. Read Now. Partner and Managing Director, Strategy& Middle East, Partner and ESG Leader, Strategy& Middle East, Senior Executive Advisor, Strategy& Middle East. Investment is rising in exploring the greater adoption of energy technologies, including solar photovoltaics (PV) and concentrated solar power (CSP). PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Watch this Gulf Intelligence interview with Ramzi Hage, Principal at Strategy& in the Middle East, where he discusses his outlook on renewable energy in the GCC. Published by ITP Media Group. 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. PwC is the leading provider of professional services to integrated and independent energy, utilities and mining companies. This shift to the cloud offers a collateral benefit for utilities. Published by ITP Media Group. After political turmoil had left its national energy infrastructure damaged or neglected, the government of a resource-rich Middle East country needed an integrated energy strategy that would optimize the linkages between upstream, midstream, and downstream oil and gas, power, and energy-intensive industries and provide the institutional and regulatory structures to enable the execution of the strategy. Read More. This presents an opportunity to bypass sequential challenges and embrace a comprehensive change. Read More, Industry - Country Industry Forecasts - Bahrain Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2023, increasing by 1.9%, before easing to 1.6% growth in 2024. 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. Users), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030 Facility management play an important role within the healthcare environment, directly . '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. Experts from across the region and beyond join forces to plot the best route through the energy transition. Kuwait has set a target of having renewable energy contribute 15% of the total energy mix by 2030. Renewable power policies in the Arab Gulf states - Middle East Institute 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. Ofwat said it would conduct a thorough investigation into South West Water, which supplies customers in Cornwall and Devon, as well as parts of Dorset and Somerset. Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. Why the gender gap in international trade needs to close faster, How to serve consumers who rely on tech, but dont trust tech, Why wavering consumer confidence could stall the energy transition, Select your location Close country language switcher, EY Global Energy & Resources Industry Market Leader; Global Power & Utilities Sector Leader. Enable groups of users to work together to streamline your digital publishing. This leads to energy savings, reduced losses, and the successful integration of renewable energy sources. Solar power plants can typically expect around 1,900 hours of operation per year, double the levels typically found in Europe. 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. UAE's DEWA invests millions in water transmission projects - Utilities The Role of Smart Utilities in Protecting Middle Eastern Water Sensus Launches a Smart Utility Solution Set to Transform Water in the Middle East Du Empowers UAE's Strategic Vision for Smart Water Security IWRA Promotes Smart Water Management for SDGs | News Water Utilities Look to Smart Water Technologies Visit the European Smart Water Conference, ALSYS-Group (ClearBakk Water Solutions, CeraMem), Cudd Energy Services Water Management Solutions, Fundao de Apoio Universidade de So Paulo, Wyoming Department of Environmental Quality. All Rights Reserved. This is attributed to the regions vast availability of solar resources and access to finance and auction designs that have delivered low prices. 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. We are focusing on two key areas: cloud technology and artificial intelligence (AI). EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. The company said it would work openly and constructively with Ofwat during its investigation. 7 A large GCC petrochemical company was struggling to identify and pursue growth opportunities, both close to home and further afield in the MENA region. In parallel, they reviewed historical financial statements and worked closely with management and the refinerys optimization unit to diagnose the decision making process related to feedstock sourcing, refinery utilization, products mix, and constraints put in place. Our professionals receive extensive industry training, and have a deep understanding of the many issues that confront energy executives. With a total monthly brand reach of 34,182, Utilities Middle East remains the ultimate monthly source of all news, analysis, insights and opinions, policy and regulation, finance and investments relating to the regions power generation, water services and waste management sectors.