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World Energy Markets Observatory | 2023 Edition

Shaping tomorrow ’s energy landscape: Balancing sovereignty, affordability and climate responsibility

The 25th annual World Energy Markets Observatory (WEMO) is now live! In this report, we review how advances in enabling technologies, new investments, industry transformation, and legislative action can help mitigate the effects of climate change, while also improving security of supply and ensuring energy sovereignty.

“Because of recent significant global events, energy priorities have been redefined. In this year’s World Energy Markets Observatory, we explore our urgent need to accelerate the energy transition while managing the security of supply, sovereignty of energy production, equipment and resources, and ensuring energy affordability.”

James Forrest
Group Industry Leader for Energy Transition and Utilities at Capgemini

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Meet our experts

James Forrest

Group Industry Leader for Energy Transition and Utilities at Capgemini
I lead in helping global clients with major business transformations involving smart grid, IoT, the reform of gas and electricity markets, major software and infrastructure changes, and the use of machine learning and artificial intelligence to drive significant business performance improvement.

Peter King

Global Energy and Utilities Lead Capgemini Invent
I focus on driving transformation by working with my clients to define new ways of working, new operating models and the transformation programs that will deliver change.

Carl Haigney

Expert in IT/BPO and Consulting space, Utility Industry Transformation
I lead our global partnership with Centrica, responsible for the continued development and delivery of propositions and innovation which combine our breadth of expertise from consulting to application and outsourcing services. My experience within technology solutions is supplemented by a detailed knowledge of the outsourcing market and management of key IT, consulting and BPO services – developing and applying solutions to major business issues with managed risk and ongoing performance improvement. Many of the solutions have been ‘heart of the industry’ business critical systems.

René Kerkmeester

Global Vice President Smart Grid at Capgemini
As a leader of the Global Energy Practice, I have a worldwide responsibility for Capgemini’s business around the digital transformation of energy grid operations and related platforms.

Mike Lewis

VP Global Leader Energy Transition
He is the lead of Capgemini’s Energy Transition business globally. He is responsible for our client’s success in their move to low carbon energy – both the products and services our clients bring to market, and how their own company transition to low carbon, sustainable business practices.

Torben Schuster

Deputy Head Energy Transition and Utilities Capgemini Invent Germany
With over 20 years of experience in energy markets and trading I advise energy and grid companies on their way into a carbon neutral future. My experiences range from sourcing of green energy and setup of respective operating models, but also smart grid related topics. Our ambition is to guide our clients end-to-end, acting people centric and emphasize the growing importance of data.

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