Machine learning and AI algorithms play a significant role in forecasting energy resources and optimising network operations. 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 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. 2 Middle East Smart Water Utilities 2023 Strategy& plays an active role in helping energy, chemicals and utilities clients in the Middle East set their long term strategies and tackle their most pressing challenges. Our customers have control centers with large screens that monitor and control different parts of their network, ensuring reliability and resilience. Recognising the significant changes that digitisation brings, Schneider Electric acknowledges the need for utilities to adapt their processes, dispatching crews, and network operations. Middle East Utilities Market Research Reports & Analysis page 1 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. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. However, overlooking digitisation can result in significant inefficiencies, even within the generation plant itself. Schneider Electric emphasises the importance of field equipment and instruments capable of producing data that offer valuable insights into energy consumption. 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. 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. Investment is rising in exploring the greater adoption of energy technologies, including solar photovoltaics (PV) and concentrated solar power (CSP). 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 In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services:Functional cookiesto enhance your experience (e.g. The technical seminar brings together success stories from leading projects, the practical application of cutting-edge research and innovation, and technological advancements in the energy and utilities sector important to stakeholders building, operating, and maintaining power plants, and transmission and distribution grids. Shares in owner Pennon Group fall as it says Ofwat has launched inquiry into South West Water. '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. Among other aspects, the event will emphasize how various technologies can produce synergies and, in turn, create an integrated energy system. However, in recent years, government-led industrial diversification programs are engendering more downstream integration while boosting other industrial sectors (such as equipment manufacturing, aerospace, and defense), and ensuring positive socioeconomic impact. The company said it would work openly and constructively with Ofwat during its investigation. All Rights Reserved. While increasing generation capacity and establishing basic energy infrastructure may seem more pressing, digitisation plays a crucial role in maximising the value of these projects. It also enhances interoperability within the digital grid ecosystem, connecting various enterprise asset management systems and unlocking value through cloud-to-cloud connectivity. 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. As bold decisions are made about future strategy, the biggest risk may be to move too slowly the tipping points of change are on their way. Middle East Energy, Utilities & Resources Leader, PwC Middle East. Cybersecurity is ingrained in our operations. 2023. In the six Gulf Coast Cooperation (GCC) countries . Utilities Middle East is the B2B media brand informing utility leaders and enabling better decision making. 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. Copyright 2023. remember settings),Performance cookiesto measure the website's performance and improve your experience,Advertising/Targeting cookies, which are set by third parties with whom we execute advertising campaigns and allow us to provide you with advertisements relevant to you,Social media cookies, which allow you to share the content on this website on social media like Facebook and Twitter. We help our clients to design and successfully implement growth strategies, to increase productivity, and to strengthen regulatory frameworks. Pennon said its operational performance data was subject to rigorous assurance processes which included independent checks and balances carried out by an external technical auditor. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Strategy& was drafted to help in auctioning the ambitions and to support in realizing them. How is the technology for digital grids evolving in response to the ever changing market needs? Visitors can put new technologies under the microscope and refine their own energy strategies. It ensures efficiency and enables the identification and resolution of losses throughout the entire energy supply chain. 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. 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. Without digitisation, the gains made in generation capacity can be undermined by technical and non-technical losses. Meanwhile, the region has plentiful land and a deep talent pool to draw upon. According to the National Center for Waste Management in Saudi Arabia, the environmental damage caused by solid waste. A multi platform suite with products in pr See more 30 people like this 39 people follow this https://www.utilities-me.com/ +971 4 444 3159 baset.asaba@itp.com Closed now 9:00 AM - 6:00 PM We start by digitising the network representation, moving away from paper-based maps and stickers to create a digital twin of their infrastructure. Utilities Middle East - June 2023. Our professionals receive extensive industry training, and have a deep understanding of the many issues that confront energy executives. Our customers value and prioritise cybersecurity, and we are actively addressing their concerns while showcasing the benefits of secure cloud solutions. Driving successful change requires a step-by-step approach that builds confidence and ensures seamless transitions. Read More. UAE: Fujairah's energy giant to enter EPC business; eyes $100 billion Utilities Middle East 11. Utilities News | Utilities Middle East | Electricity, Gas, Water News in Dubai, UAE Utilities Middle East POWER Morocco, GOTION High-Tech sign $6.4 billion battery production deal Deal includes the construction of a "Giga Factory" in Rabat, with an Egypt eyes $8 billion investment to ramp up desalination capacity Integrated Sustainability Consultants Ltd. A comprehensive overview of applying new technologies in the whole value chain for the smart water industry. At Schneider Electric, cybersecurity is our top priority. Even so, success in a new energy market will require decisive action now from utilities, with support from governments and regulators. Since the mid-1990s, Strategy& Middle East has provided consulting services for energy clients in the Middle East. The conference is a must-visit for those who can sense the sea of change in the energy industry and want to get the inside track: Its specifically designed for visitors who want a comprehensive overview of the global energy transition and its potential benefits for their company, all condensed into just three days. 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 This digital twin becomes the foundation for operating the network using solutions like advanced distribution management systems. We understand that mission-critical applications and infrastructure carry immense importance, where even lives could be at risk. They then designed a customized margin-tracking tool, and ran it on historical data to identify the sources of margin leakages. Detailed regional analysis of the latest in smart technologies for global water networks. With the decentralisation of energy resources and the rise of renewables, accurate forecasting and efficient network operation become crucial. 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 ). Although the industry players are known to be at the beginning of their digital transformation towards an envisioned digital oil fields, various technologies are being adopted by major producers and suppliers. Key Highlights Smart meters Read More, Jan 17, 2023|Published by: Coherent Market Insights|USD 4,500, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030 eSIM also is known as embedded SIM operates or remotely manages multiple mobile devices globally. It wont wash, Residents who do not pave over garden could receive water bill discount, Ofwat says. As operators work to meet new regulations and leakage targets, new initiatives towards more efficient water networks have become essential to satisfy an ever-increasing demand for water. To address these challenges effectively, digitisation must be implemented alongside generation capacity expansion. Furthermore, the plateauing conventional gas supply in Middle East countries is limiting the potential for gas-based petrochemical growth. Bahrain has raised its renewable energy target from 5% to 10% by 2035 and has mandated installation of solar panels on new buildings. By quickly identifying faults and restoring power faster, we help customers improve safety and minimise interruptions, in line with regulatory requirements. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. May 25, 2023 The Middle East Initiative at the Harvard Kennedy School's Belfer Center for Science and International Affairs is pleased to announce the appointment of Mohammed Alyahya as a Senior Fellow. How best can old grid systems transition into more efficient and smarter grids? They then prioritized the opportunities and defined entry options (JVs, M&A, or organic), which included not only key implications for the companys operating model, capabilities, and resources, but also the risks. The region has some of the highest solar exposures in the world, enjoying more than 300 days of sunshine a year. Losses of 15% due to technical issues and 30% due to non-technical factors can significantly diminish the impact of new generation capacity. Machine learning and AI are integral to our Advanced Distribution Management System (ADMS) solution. Middle East Energy | LinkedIn Will Middle East utilities react to disruption, or help create it? - 2023 PwC. Connecting clients with EY insights, services, assets and the broader energy ecosystem. Create on-brand social posts and Articles in minutes. The regions unique characteristic lies in the variety of challenges it faces. With our software, customers can address disruptions caused by climate issues and the increasing complexity of renewable energy integration. F undamental change is coming to the Middle East's energy sector. Our ultimate goal is to support our customers in achieving a more sustainable and decarbonised network. South West Water under investigation over leaks and usage figures The client also wanted to understand the implications of the energy strategy on the socioeconomic and environmental conditions and ultimately, to crystallize a vision for the overall sector. EY | Assurance | Consulting | Strategy and Transactions | Tax. Utilities Middle East - Aug 2009 Issue - ITP Business. The next step revolves around the creation of a digital twin, a geographic information system that becomes the single source of truth. In summary, cloud technology and AI are key areas of focus in our solutions. Non-revenue water (NRW) is water that is lost before it reaches end-users, with water leakage being a key contributor to global water loss, currently valued at $40 billion per year, which is now driving the demand for smart technology solutions. A thorough investigation will now be carried out and we will provide updates in due course on our findings and whether there is any further action Ofwat needs to take.. 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. Utilities Middle East online platforms offer its more than 2,000 online readers with supreme interaction, timeliness and content longevity. If you would like to be a speaker at this event, please contact sean.collins@iQ-Hub.com with the subject heading Call for Presentations - Middle East Smart Water Utilities 2023. 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. The ambitious projects are expected to produce an astounding half a million, In this Op-Ed, Saeed Mohammed Al Tayer, MD & CEO of DEWA highlights success of public-private partnerships, Deal includes the construction of a Giga Factory in Rabat, with an annual production capacity of 100, Egypt aims for 8.8 million cubic metres per day desalination capacity by 2050 with new Investment, The project features the installation of 6 bays of 132kV GIS, 2 125MVA Transformers, 4 bays of, The agreements, aimed at tapping into the countrys vast offshore gas resources, are now awaiting review and, L&T announces major milestones for NEOM green hydrogen plant byStaff WriterJune 1, 2023 SHARE FBTWMAILLN The power, Fujairah National Energy Co (FUJNEC)will soon begin selectingEPCpartners as the company plans to venture into engineering, procurement, Mirfa 2 Reverse Osmosis plant (M2 RO) will produce 120 million imperial gallons per day and will, The new plant is an extension of Al Dur Phase 1 and features a power generation capacity. 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. (modern). 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 impressed by the forward-thinking approach of many utilities in the region, particularly in terms of sustainability. Moving to cloud technology alleviates these challenges by reducing the need for extensive IT resources to manage on-premise solutions. 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. The 3-day conference will provide concentrated insights into the transformative dynamics of renewable energies around the world. 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. Nearly half of total Read More, of Hazardous Wastes. Utilities ME - Apps on Google Play 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. South West Water brought in revenues of 583m for the year to 31 March 2022. Hurrah for small mercies, Severn Trent dividend exceeds 260m amid rising anger over sewage pollution, Hosepipe ban affecting swathes of Devon could last until December, English water firms want to draw a line under the past. Utilities Middle East online platforms offer its more than 2,000 online readers with supreme interaction, timeliness and content longevity. 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. Explore the latest insights and best practices in developing and implementing strategies to . 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. Welcome to Issuus blog: home to product news, tips, resources, interviews (and more) related to content marketing and publishing.
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