Scaling Utility-Enabled Distributed Energy Resources in Nigeria
RMI· 2024-06-14 00:17
Investment Rating - The report indicates a significant investment opportunity in utility-enabled distributed energy resources (DERs) in Nigeria, estimating nearly $14 billion across the country over the next decade [16][23][49]. Core Insights - Utility-enabled DERs can address persistent challenges of power availability and reliability in Nigeria, with a market opportunity exceeding 20 GW over the next 10 years [16][21]. - Distribution companies (DisCos) can increase their revenue by an average of over ₦70 billion (~$50 million) annually through new DER assets [16]. - The report emphasizes the need for collaboration among DisCos, developers, and stakeholders to accelerate project deployment and meet strategic goals [24][29]. Summary by Sections Executive Summary - The roadmap outlines the potential for utility-enabled DERs to enhance DisCo profitability, improve infrastructure, and reduce customer costs while addressing supply gaps [17][18]. - It highlights the regulatory support for commercial viability, allowing project developers to charge cost-reflective tariffs [16][18]. Introduction - Nigeria's power sector faces significant challenges, including high ATC&C losses and low metering rates, which hinder DisCos' ability to serve customers effectively [27][35]. - The report identifies the need for DERs as a solution to improve operational efficiency and financial performance for DisCos [28][31]. The Role of Utility-Enabled DERs - Utility-enabled DERs can help DisCos increase access to electricity, reduce system losses, and improve revenue collection [43]. - The report outlines the benefits of DERs for various stakeholders, including increased energy sales for DisCos and reduced energy costs for customers [45][51]. Market Potential - The report estimates a DER market opportunity of 1 GW annually for five DisCos, translating to about 2 GW per year across Nigeria over the next decade [28][30]. - It projects that deploying DER capacity can close the supply gap and presents an investment opportunity of over $8 billion for the five DisCos analyzed [23][24]. Implementation Strategies - The roadmap provides a checklist of priority actions for DisCos to enable DER deployment, emphasizing the importance of forming cross-functional teams and developing DER strategies [26][25]. - It also discusses the need for regulatory compliance and the establishment of a system for customer engagement [26][48].
Key Takeaways From Asia Tech X Singapore
abiresearch· 2024-06-13 22:07
THE STATE OF OT SECURITY: A COMPREHENSIVE GUIDE TO TRENDS, RISKS, & CYBER RESILIENCE Michael M. Amiri, Senior Analyst Michela Menting, Senior Research Director EXECUTIVE SUMMARY TABLE OF CONTENTS Industrial operations are increasingly under threat. OT attacks are common, widespread, and extremely frequent. These attacks are primarily IT-borne, and ransomware, in particular, has had a devastating effect on industrial environments in Executive Summary .........................2 the last few years. The busines ...
Virtual Power Plant Flipbook
RMI· 2024-06-13 00:17
Investment Rating - The report does not explicitly provide an investment rating for the industry. Core Insights - Virtual Power Plants (VPPs) are increasingly being developed by utilities to enhance grid reliability and resilience, particularly in response to load growth and extreme weather challenges. VPPs aggregate distributed energy resources (DERs) such as batteries, electric vehicles, and smart thermostats to provide critical grid services [6][11][21]. - The potential impact of scaling VPPs is significant, with estimates suggesting that tripling VPP capacity by 2030 could address 10%-20% of peak load and save approximately $10 billion annually [21][22]. - VPPs are seen as a flexible solution to navigate the transformation of the grid driven by the retirement of fossil plants and the integration of renewable energy sources [20]. Summary by Sections Introduction - The introduction highlights the growing trend of utilities developing VPPs to maintain grid reliability and support the integration of renewable energy [6][11]. VPPs and Their Benefits - VPPs provide various benefits, including capacity, energy, ancillary services, and resilience, while alleviating stress on transmission and distribution systems [11][24]. Potential Impact of VPPs at Scale - VPPs could scale to 80-160 GW by 2030, playing a crucial role in addressing national resource adequacy and reliability needs, while also saving on grid costs [21][22]. Utility's Role in a VPP - Utilities can serve multiple roles within a VPP, including resource offtaker, program operator, and customer enrollment facilitator [27][28]. Customer Engagement in VPPs - Customers can engage in VPPs through various ownership and incentive structures, with options for device control and participation requirements [31][32]. Effective Program Design - Successful VPP implementation involves open access to integrate multiple technologies, developing partnerships, and streamlining customer experiences [13][14]. Takeaways for Future VPPs - The report emphasizes the importance of iterative program design and reimagined utility practices to enhance VPP effectiveness [12][14]. Utility VPP Features - The report includes profiles of VPPs from over 15 utilities, showcasing a variety of program archetypes and technologies [35][38]. Appendix - The appendix provides a VPP comparison matrix summarizing key metrics across programs and available tax credits to support customer DER adoption [4][40].
Research Report on Governance Modernization in the Digital Age: Practice and Prospects for the Application of Large Models in the Government Domain (2023)
CSET· 2024-06-12 01:52
Translation The following report by a Chinese state-run think tank describes how the Chinese government and foreign governments are using large AI models. The authors list more than 50 large models developed by Chinese tech companies that provincial and local governments in China have deployed for various purposes, and provide four brief case studies. While these AI systems have the potential to improve Chinese local governments’ provision of public services, the focus of many of these governments on early ...
Oil 2024-Analysis and forecast to 2030
IEA· 2024-06-11 16:00
Oil 2024 Analysis and forecast to 2030 INTERNATIONAL ENERGY AGENCY The IEA examines the IEA member IEA association full spectrum countries: countries: of energy issues including oil, gas and Australia Argentina coal supply and Austria Brazil demand, renewable Belgium China energy technologies, Canada Egypt electricity markets, Czech Republic India energy efficiency, access to energy, Denmark Indonesia demand side Estonia Kenya management and Finland Morocco much more. Through France Senegal its work, the IE ...
Slowing demand growth and surging supply put global oil markets on course for major surplus this decade
IEA· 2024-06-11 16:00
Slowing demand growth and surging supply put global oil markets on course for major surplus this decade IEA 12 June 2024 New IEA medium-term outlook sees comfortably supplied oil markets to 2030, though unwavering focus on energy security will remain crucial as powerful forces transform sector Growth in the world’s demand for oil is expected to slow in the coming years as energy transitions advance. At the same time, global oil production is set to ramp up, easing market strains and pushing spare capacity t ...
How Generative AI Is Changing the Global South’s IT Services Sector
ITIF· 2024-06-11 01:47
How Generative AI Is Changing the Global South’s IT Services Sector By Julian Jacobs | June 10, 2024 The emergence of large language models (LLMs) has kindled discussions about the potential for artificial intelligence (AI) to increase productivity and boost economic growth. Although the economic effects of AI have been a topic of debate for the last decade, the growing adoption of LLMs creates a new urgency for understanding the technology’s impact. To date, most research on the economic effects of AI has ...
AI-driven development using Pega Infinity ‘24
Kai Jie Yan Jiu Yuan· 2024-06-11 00:32
Investment Rating - The report does not explicitly state an investment rating for the industry or company Core Insights - Pega Infinity '24 significantly enhances productivity and operational efficiency through advanced AI-driven development tools, predictive analytics, and intelligent automation features, promising to elevate development productivity and streamline workflows across the industry [4][5][12] Summary by Sections Background and Context - Pega Infinity '24 builds on the success of Pega Infinity '23, which was found to be 7.8 times faster than custom builds and resulted in a 40% reduction in total cost of ownership over five years [4][7] AI-Driven Development Features - Pega Infinity '24 introduces several AI-driven features, including Pega GenAI Blueprint, Autopilot, Coach, Analyze, and Automate, which enhance the application development lifecycle [15][12] Key Differentiators - The platform offers intelligent process mapping, accelerated development lifecycle, enhanced quality and compliance, and in-depth analytics, which collectively redefine application development [88][89] Pega GenAI Blueprint - This feature aligns business strategy with application development, ensuring that every phase of development meets strategic objectives through intelligent communication and contextual road mapping [16][20][27] Pega GenAI Autopilot - Autopilot boosts productivity by automating repetitive tasks, managing code generation, and ensuring compliance, allowing developers to focus on strategic work [28][30][32] Pega GenAI Coach - The Coach provides intelligent mentorship by analyzing past development patterns and offering actionable recommendations on code quality, architecture, and design choices [36][38][40] Pega GenAI Analyze - This tool transforms data into actionable insights, offering advanced data visualization, user behavior analysis, and application performance insights to support data-driven decision-making [43][45][50][56] Pega GenAI Automate - Automate streamlines workflow automation by analyzing processes and suggesting pre-built automation solutions, simplifying the creation and deployment of automation rules [59][60][63] Enhancements to Constellation - The updated design system in Constellation improves UI development efficiency and consistency, providing advanced components and AI-powered suggestions to elevate developer productivity [76][78][84] Conclusion - Pega Infinity '24 represents a significant advancement in business process management, enabling organizations to achieve unprecedented productivity and strategic alignment through its comprehensive suite of GenAI tools [96][97]
Defending Your OT/ICS Assets
abiresearch· 2024-06-10 22:07
DEFENDING YOUR OT/ICS ASSETS: INDUSTRIAL CYBERSECURITY CHALLENGES AND SOLUTIONS CYBERSECURITY CHALLENGES Has your organization ever experienced a cyberattack (s) in your OT environment? IN THE OT ENVIRONMENT 23% NO A recent global survey from ABI Research and Palo Alto Networks revealed that three out of four organizations have experienced a cyberattack against their Operational Technology (OT) environment. In some cases, industrial operations get shut down due to the attack. YES 76% Malware, Ransomware, an ...
Circular 1889_Amendments to the FIFA Statutes, the Regulations Governing the Application of the Statutes and the Standing Orders of the Congress
FIFA· 2024-06-08 01:47
TO THE MEMBER ASSOCIATIONS OF FIFA Circular no. 1889 Zurich, 7 June 2024 Amendments to the FIFA Statutes, the Regulations Governing the Application of the Statutes and the Standing Orders of the Congress Dear Sir or Madam, The 74th FIFA Congress held in Bangkok on 17 May 2024 approved amendments to the FIFA Statutes, the Regulations Governing the Application of the Statutes and the Standing Orders of the Congress as proposed and shared with the member associations per circular no. 1882. Those amendments ali ...