This report was published by the Deloitte Global Energy and Resources. Should you require any additional information, you may contact Shamal Sivasanker who heads up Power and Utilities in South Africa. Shamal’s email address is ssivasanker@deloitte.co.za. Learn more about Deloitte Power Solutions.
Empowering Ideas 2011 – A look at ten of the emerging issues in the power and utilities sector
“The end of the global economic crisis has forced electric utilities companies to confront new challenges. While the demand for energy continues to increase as a result of the growing global population, security of supply represents a major challenge. The reputation of nuclear energy was hard hit by the recent Japanese earthquake and resulting tsunami. While renewable energy continues to enter mainstream utilisation, unconventional gas has become more economically attractive based on improving drilling technology. LNG and coal are abundant sources and remain important parts of many nations’ fuel mix but coal could be helped by clean coal technologies and coal-to-liquids processes.
Investments in renewable energy, in the form of solar, wind and geothermal resources, continue to increase at the expense of new build nuclear energy which, in many countries, continues to be a subject of debate. In heavily regulated markets, mergers and acquisitions may be one option for utilities to grow as organic growth prospects may be limited. Energy efficiency aand demand side management programs offer a ‘win-win-win’ for governments, utilities and consumers. A clear trend is the growing importance of data analytics applied by power companies. Advanced IT techniques are helping power companies to analyse enormous data sets to create scenarios and make informed decisions”.
Download the full report . . . . Deloitte report – Ten emerging issues in power and utilities
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Filed under: Mining, Energy & Resources, advanced IT techniques, coal, coal-to-liquids, Data Analytics, Deloitte, demand for energy, emerging issues, energy efficiency, gas, LNG, nuclear energy, power, power companies, renewable energy, utilities
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