In preparing the 22nd edition of the World Energy Markets Observatory (WEMO), Capgemini’s annual thought leadership and research report that tracks the development and transformation of energy markets around the world, our team had the unusual and unenviable task of balancing two opposing narratives: a continuation of trends related to energy transition, climate change, technological advancement and energy markets evolution throughout 2019; and the profound industry-wide impact of COVID-19 in 2020 that has, in many ways, reset the baseline and established a so-called “new normal.”
Like previous editions, we analyze the current conditions and transformation of the electricity, oil & gas and environmental markets in Europe, North America, Australia, Southeast Asia, India and China. Backed by extensive data, we examine these key topics:
– Climate change & regulatory policies
– Energy transition & sustainability efforts
– Infrastructure & security of supply
Through the lens of today’s “new normal”, we provide key recommendations and considerations Energy and Utility players need to take into account for an industry in dire need of agility, recovery and reinvention.
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