IDC Spotlight sponsored by Capgemini June 2024 ...

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].

Investment Rating - The report does not explicitly provide an investment rating for the industry but emphasizes the potential for green methanol and ammonia as promising options for achieving decarbonization goals in shipping [18][44]. Core Insights - The International Maritime Organization (IMO) has set a target for shipping to achieve net-zero emissions by around 2050, with an interim goal of 5-10% uptake of zero or near-zero greenhouse gas emission technologies by 2030 [18][44]. - Green methanol and ammonia are identified as key fuels in the transition to zero-emission shipping, with the report exploring their supply dynamics and the necessary actions for ports to establish bunkering infrastructure by 2030 [18][43]. - The report highlights the importance of affordability, attractiveness, and accessibility for zero-emission fuels to reach a technology tipping point, which is crucial for their widespread adoption [42][44]. Summary by Sections Executive Summary - The report outlines the shift in the shipping industry towards new fuels, particularly green methanol and ammonia, as part of the decarbonization strategy [18]. - It discusses the uncertainties surrounding the availability of these fuels and the need for clarity to encourage investment in zero-emission ships [18][19]. Green Methanol and Ammonia Supply Dynamics - The economics of green methanol and ammonia production and transport suggest extensive trade linking low-cost production regions with key ports [19][53]. - Local production of e-ammonia or methanol is expected to be the most economical option for many ports in the medium to long term [20]. - The report inventories global projects aiming to produce green methanol and ammonia by 2030 and considers supply scenarios for various bunker ports [21]. Port Archetypes and Strategies - The report identifies four port archetypes: Importing Incumbents, Producing Incumbents, Future Exporters, and Bespoke Players, each with distinct opportunities and risks in the transition to green fuel bunkering [31][32]. - Strategies for ports to become first movers in green methanol and ammonia bunkering are discussed, including establishing partnerships and engaging first mover customers [38][40]. Action and Recommendations - The report provides recommendations for ports to seize their green bunkering opportunities, emphasizing the need for collaboration within the bunkering ecosystem [38][40]. - It suggests that ports should consider setting targets for zero-emission fuel sales and explore capital grants for bunkering infrastructure [40].

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 ...

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].

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 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 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 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 How the advanced Pega GenAI™ features optimize productivity Table of contents 1. Background and context 4 2. AI driven development using Pega Infinity ’24 GenAI features 6 2.1 Pega GenAI Blueprint 8 2.2 Pega GenAI Autopilot 12 2.3 Pega GenAI Coach 14 2.4 Pega GenAI Analyze 16 2.5 Pega GenAI Automate 18 2.6 Enhancements to Constellation 20 ...