EMEA Utilities Industry Quarterly Update: January–March 2020

EMEA Utilities Industry Quarterly Update: January–March 2020

This IDC Market Perspective provides an overview of the utilities industry in 1Q20, covering M&As, agreements, reorganizations, and major business developments; new financing deals; major traditional infrastructure projects; major renewables infrastructure projects; water developments; nuclear developments; smart metering, smart grid, and energy-efficiency initiatives; major emobility activities; IT ecosystem major acquisitions and agreements; major IT and OT contract wins; and product announcements."While the COVID-19 pandemic will represent a watershed moment in how every company goes about its business, utilities will continue to undergo and likely accelerate profound changes, bringing efficiency, decarbonization, and digitization to the sector along with new non-commodity business models," said Jean-François Segalotto, associate research director, Europe, IDC Energy Insights."

Please Note: Extended description available upon request.


Executive Snapshot
New Market Developments and Dynamics
Situation Overview
Business Environment, 1Q20
Demand and Prices
Oil Prices
Electricity Prices
Clean Energy and Sustainability
Indicators of Renewable Performances on Financial Markets
Listed Utilities Performance
M&As, Agreements, Reorganizations, and Major Business Developments, 1Q20
Iberdrola Acquires 100% Stake in $2.6B French Wind Energy Project
ENGIE to Sell 74% of Its Indian Solar Assets
Octopus Acquires $73.5M Swedish Wind Farm
Eversource to Acquire Columbia Gas of Massachusetts Assets for $1.1B
Norway's Statkraft Acquires Vattenfall's UK EV Business
RWE, European Energy Ink 3TWh Offtake Agreement
New Solar Energy Marketplace Launches in Japan
innogy Adds 13 Renewables Projects on Global Digital Marketplace
New Financing Deals, 1Q20
U.S. DOE Issues $625M for R&D of Next-Gen Quantum Technologies
U.S. DOE Focuses $125.5M for Solar Research Funding
ADB Signs Deal for Long-Term Solar Financing in Vietnam
$35M ADF Loan to Support Renewables Adoption in Liberia
U.S.-Israel Backed Initiative to Fund $15.4M Clean Energy Technologies
$341M NY State Funding to Optimize Renewables Transportation
EIB Signs a Loan to Develop Zero-Energy Buildings
New Renewable Energy Company Launches in Sweden
EIB, Enel Close $76M eMobility Funding Package
EIB to Support Efficiency and Renewables Adoption by SMEs in Latvia
$3M U.S. DOE R&D Grant to Advance Solar and Energy Storage Deployment
Major Traditional Infrastructure Projects, 1Q20
ENGIE Wins $830M Energy Transport Deal in Brazil
Total to Build Battery Energy Storage Plantin France
Major Renewables Infrastructure Projects, 1Q20
Enel's Wind Energy Farm Is Operational
Siemens Gamesa to Build Offshore Wind Energy Project in the U.S.
Vestas Wins Turbine Order for Russia's Wind Farm
Queensland Approves Australia's Wind Farm
Amazon Signs First Renewable Energy Project in Australia
Senegal Opens West Africa's First Large-Scale Wind Farm
RWE Pilot Maps the Future of Floating Offshore Wind Energy Market
GE Wins 112-Turbine Contract for Gujarat Wind Farm
GE Renewable Energy to Supply Cypress Units for 70MW Guney Wind Farm in Turkey
U.K.'s Good Energy Signs Clean Energy Deal
China's CEEC Announces 500MW Solar Plan for Uganda
Solar Project Connected to District Heating Unveiled in France
German Utility Inaugurates Its U.S. Solar Plant
Denmark's Obton to Invest $332M in 500MW Irish Solar Projects
Duke Energy Florida Builds Two New Solar Plants
Metito, Jinko, Aljomaih Group Win Contract for Bangladeshi Solar
Total, Qatar Utility to Co-Own Country's First Large-Scale Solar Plant
Russia Builds New Renewables-Powered Arctic Research Station
Nuclear: New Developments, 1Q20
Sellafield Nuclear Waste Site to Close Due to Coronavirus
Fukushima Unveils Plans to Become Renewable Energy Hub
Water: New Developments, 1Q20
U.S.-Israeli Group Launches $21.4 Million Water-Energy Initiative
Itron, Smart Energy Water Partner on Customer Experience
Vicinity Energy Launches Large District Energy Provider in North America
Smart Meter and Smart Grid Initiatives, 1Q20
Tacoma Public Utilities Selects a Partner for an Advanced Metering Project
Itron to Modernize Electric Grid in Borås, Sweden
Ameren Completes 900 Grid Modernization Projects in One Year
U.K. Installs 4 Millionth SMETS2 Smart Meter
Smart Cable Grid Monitoring Enters Swedish Market for the First Time
Cornwall Develops First Smart Grid-Connected Wind Project
Italy's Green Energy Utility Partners to Explore New Services
Itron, Bidgely Bring Combine Distributed Intelligence and Next-Gen Enterprise Analytics for Electric and Dual-Fuel Utilities
Landis+Gyr Reveals Next-Gen Advanced Meter Revelo
Energy Efficiency Initiatives and Sustainability Projects (Including Smart Cities), 1Q20
Centrica, sonnen Install Network of Home Energy Storage Systems
Enel, Infracapital Expand Energy Services Partnership to Spanish Customers
Toyota Unveils Plans to Build Prototype Next-Generation Smart City
London City Launches Green Energy Company
The City of Stockholm Selects Itron to Deploy Intelligent Streetlights
Free Household Energy Assessments for New York Residents
Major eMobility Agreements, 1Q20
LS Power Acquires US' Largest EV Charging Network
Enel X Launches Next-Generation EV Charging Product Line
ABB, IONITY Partner on 2nd Phase of EV Charger Rollout Initiative
U.K. Government Doubles Funding for Residential EV Charging
DEWA Maps EV Charging Stations Across 14 Digital Channels
Total Wins Europe's Largest Contract for EV Charging Infrastructure
Volvo's Bus Plant in Borås, Sweden, Solely Powered by Renewables
E.ON, Volkswagen Partner on Resilient, Cost-Effective Ultra-Fast EV Charging
U.K. Funds $47M in E-Mobility R&D
Spain's Grupo Ruiz Secures EIB Loan to Fund 173 Low-Carbon Buses
IT Ecosystem Major Acquisitions and Agreements, 1Q20
Oracle Buys LiveData Utilities
IBM Services, C3.ai Join for Digital Transformation with AI
OSIsoft Launches Distributed Energy Resources Collaborative
Artemis Energy Services, OSIsoft Partnered to Revolutionize the Grid Through Blockchain
OSIsoft, DERNetSoft Partner to Scale Adoption of DERs in Cities and Communities
Infosys to Acquire Simplus, a Leading Salesforce Consulting and Platinum Partner
IT and OT Contract Wins, 1Q20
Enel to Offer New Services to Domestic Customers
NEC Energy Solutions to Develop Energy Storage Project in the Czech Republic
IT Product Announcements, 1Q20
Landis+Gyr Unveils New Cellular Meter and Services Solution
CGI Launches OpenGrid360 Platform for Utilities
Advice for Technology Suppliers and Service Providers
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