Some challenges necessitate substantial capital expenditure projects, such as increasing generation capacity. 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. Water companies are under increasing pressure to reduce the amount of water lost through leaks, particularly at a time when the government is also aiming to lower the amount of water used by households. Read More, Industry - Country Industry Forecasts - Israel Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2023, increasing by 0.8%, picking up to 2.1% growth in 2024. Get discovered by sharing your best content as bite-sized articles. Identifying the sources of these losses and finding solutions become nearly impossible without a comprehensive digitisation strategy. Besides our website, www.utilities-me.com, our content is syndicated across various social media platforms to provide breaking news and insightful analysis on topical issues. A large GCC petrochemical company was struggling to identify and pursue growth opportunities, both close to home and further afield in the MENA region. 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. All Rights Reserved. Top Utilities companies in Dubai - Find list of top Water, Power & Utilities companies in Dubai and apply for free. 10 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. Sectoral strategies and policies (e.g. 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. 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,. F undamental change is coming to the Middle East's energy sector. 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 per capita energy consumption in Qatar is 4 times that of the United Kingdom and 20 times that of India, for example. Furthermore, the plateauing conventional gas supply in Middle East countries is limiting the potential for gas-based petrochemical growth. This is due to the expanding supply base on the back of shale gas, the improved competitiveness of naphtha crackers thanks to the lower price of oil, and the gas price subsidy reduction in the Middle East. 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. Even if your immediate challenge is to increase generation capacity, starting digitisation now is crucial. The key focus for this years conference will be to efficiently manage and reduce water leakage, and the objective will be to bring water utilities and network services together with leading industry experts to collaborate and examine new opportunities in smart water technologies and to address the key challenges in water utilities from a global perspective. 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. As a result, the industry in the Middle East and elsewhere will look radically different in 2030, A GCC countrys ministry of energy set the ambitious goal of deploying diverse renewable technologies over the next decade. District cooling, which is considered a utility service, is expected to gain traction with the adoption of efficient regulatory frameworks. Utilities Middle East on the App Store Solar prices in the GCC are following the international trend. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Book now Utilities Middle East - June 2023. 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. The company said it would work openly and constructively with Ofwat during its investigation. This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. All conferences are free-to-attend and CPD-accredited(earn upto 18 CPD credits per conference). To develop the growth strategy, M&A approach, and governance model, the Strategy& team first defined and helped establish the requisite capabilities: process, governance, tools, systems, and talent. Leadership alignment sessions led by the team brought unity of vision on the areas to be improved and consensus on the road map. 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. Informa Markets, a trading division of Informa PLC. Renewable power policies in the Arab Gulf states - Middle East Institute Renewables provide an opportunity to reduce water used in power generation by up to 15%, whilst clean energy sources offer a more cost-effective option in water desalination projects. Change is on its way to the GCC energy sectors, with renewable energy expected to play a vital role in the regions economic diversification plans. 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. February 8, 2022 Li-Chen Sim The Arab Gulf states appear to be following a common template in responding to the global transition toward an energy system in which renewables play an increasingly central role. South West Water under investigation over leaks and usage figures 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. Ltd.|USD 2,750, governments of various countries across the globe are increasingly introducing various policies for e-waste management across the value chain of the electronic devices industry. Based on industry demand, the 48th Middle East Energy exhibition will host the first strategic conference; the only high-level forum exclusively focused on unpacking the complex opportunities and challenges for senior decision-makers in the energy and utilities sector in the Middle East and Africa. Get set for the working day we'll point you to all the business news and analysis you need every morning. Since the mid-1990s, Strategy& Middle East has provided consulting services for energy clients in the Middle East. The 3-day conference will provide concentrated insights into the transformative dynamics of renewable energies around the world. We help our clients to design and successfully implement growth strategies, to increase productivity, and to strengthen regulatory frameworks. 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. Therefore, regardless of the specific challenge faced, digitisation must commence immediately to implement the desired solutions. Few groups in the UAE and the MENA (Middle East and North Africa) area have investigated e-waste recycling behaviour. Energy system Holger Rogner of the International Atomic Energy Agency speaks to UME about the place of nuclear power within the energy mix. - 2023 PwC. 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. Read More, Industry - Country Industry Forecasts - Kuwait Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2023, increasing by 1.1%, picking up to 1.6% growth in 2024. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Our industry professionals across the Middle East serve energy clients in the upstream, downstream and midstream segments. Please refer to your advisors for specific advice. The added benefit is that solar output tends to match daily variations in demand, especially from high air conditioning use. Its reputation is partly drawn from the calibre of industry personalities it has featured such as the CEO and MD of Dubai Electricity and Water Authority (DEWA), Chairman of Sharjah Electricity and Water Authority (SEWA), and other heads of public and private organisations who highly value the brand as an indispensable source of information about the industry. South West Water has been investigated previously by the regulator along with five other water suppliers as part of an inquiry into the dumping of raw sewage, an issue that has prompted public anger over pollution in the sea and rivers. These challenges range from bridging the generation gap to improving access to energy and achieving decarbonisation goals. Solar power plants can typically expect around 1,900 hours of operation per year, double the levels typically found in Europe. It assesses companies annually and can issue penalties or rewards, depending on how they perform. Strategy& was drafted to help in auctioning the ambitions and to support in realizing them. Utilities Middle East online platforms offer its more than 2,000 online readers with supreme interaction, timeliness and content longevity. Asking the better questions that unlock new answers to the working world's most complex issues. Schneider Electrics Alexis Grenon discusses the transformative impact of digitalisation on future grids, Saudis Marafiq and SWCC complete multi-million dollar water project, Hydrom, BP Oman secure $20 billion deals for massive green hydrogen projects, Copyright 2023. 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. Failure to digitise the distribution network will result in a loss of half the efficiency achieved through generation efforts. It's like a masterclass to be explored at your own pace. Signs are positive. In addition, several non-profit organizations and government agencies are also taking Read More, Jan 30, 2023|Published by: Bonafide Research & Marketing Pvt. We help clients generate strategies that work, develop distinct capabilities, and align investments for sustainable growth. Director of Asset Management Consulting Read full biography Ian Butler Head of Asset Management Consulting (UK) Read full biography Babi Uku Senior Project Manager Read full biography Thomas Jacks Explore the latest insights and best practices in developing and implementing strategies to . This involves IoT-enabled switchgears, such as Ringman units and RTUs, to extract data. The Middle East Smart Water Utilities 2023 Exhibition & Conference is the only event of its kind to deliver leading market intelligence and industry presentations on the latest in water utilities and smart technological advancements for improving network efficiencies and operations. 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. We are fully committed to ensuring the utmost security in all our digital solutions, whether they are on-premise, cloud-based, or hybrid. Clean energy investments to peak $1.7 trillion in 2023 - Utilities Utilities Middle East Language: English Issue Date: 2023/06/01. Please see www.pwc.com/structure for further details. Three tipping points will mark the emergence of a new energy system. NOCs operate across the entire value chain upstream, midstream, and downstream and these days are frequently asked to take on social obligations in the form of non-core activities. Losses of 15% due to technical issues and 30% due to non-technical factors can significantly diminish the impact of new generation capacity. South West Water brought in revenues of 583m for the year to 31 March 2022. We are focusing on two key areas: cloud technology and artificial intelligence (AI). 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. Host your publication on your website or blog with just a few clicks. Read More, Mar 09, 2023|Published by: Coherent Market Insights|USD 4,500, 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 Read More, Jan 31, 2023|Published by: Triton Market Research|USD 1,500, CAGR of 6.90% during the forecasting period from 2023 to 2030. Driving successful change requires a step-by-step approach that builds confidence and ensures seamless transitions. 1 INTERVIEW. It Read More, < prev Middle East Energy | LinkedIn 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. Middle East Energy features: 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. 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. Tuesday: 10:00 - 18:00 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. Kuwait has set a target of having renewable energy contribute 15% of the total energy mix by 2030. However, we are witnessing a shift in customer understanding, as they recognise the benefits of cloud technology and how it can be implemented to deliver maximum cybersecurity.
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