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Capgemini has today published the nineteenth edition of its annual World Energy Markets Observatory (WEMO) report

29th November 2017

Capgemini, has today published the nineteenth edition of its annual study, which for the first time goes beyond Europe and becomes the World Energy Markets Observatory (WEMO) report, built in partnership with the I4CE, De Pardieu Brocas Maffei and Vaasa ETT teams. The study reveals that progress in the sector’s generation technologies has caused an acceleration in the Energy Transition, while related renewables growth continues to destabilize the wholesale electricity markets and key players. The study also highlights a profound change in customer energy usage, behaviors and expectations, with, for example, self-consumption, Smart Homes, Smart Buildings, Smart Plants, Smart Cities and the creation of communities to purchase or manage energy differently. As a result, the financial situation of established Utilities remains challenging. The report encourages Utilities to accelerate their transformation efforts and to leverage increasingly the power of Digital Transformation.

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