The global energy market has transformed and evolved.

Energy transition objectives and implementation differ from country to country, and on a broader scale from one region to another. 2016 was the third year in a row where global energy-related CO2 emissions from fossil fuels and industry remained stable, despite 3% growth in the global economy and increased demand for energy.

Our  nineteenth edition report (previously regional report), titled World Energy Markets Observatory (WEMO) report, built in partnership with the I4CE, De Pardieu Brocas Maffei and Vaasa ETT analyses and deciphers key trends in the worldwide energy market.

  • Global warming and climate change threats are triggering energy transition in many countries and regions.
  • Massive development in renewable energies, enabled by huge subsidies, has profoundly changed the energy landscape.
  • In many regions, energy transition is chaotic, with energy oversupply and very low electricity and gas prices that are endangering utilities’ financial situation.
  • The digital revolution is around the corner. This will drastically change consumption schemes, citizen habits, the workplace, and allows significant improvements for utilities.

This new global edition, covers North America, Europe, South East Asia (SEA), and Australia analyses the evolution of the electricity and gas markets across 6 main topics:

  • Climate challenges and regulatory policies
  • Energy transition
  • Infrastructures and adequacy of supply
  • Supply and final customer
  • Players, innovation and transformation
  • Financials

Trends from World Energy Markets Observatory (WEMO)

Watch a video interview with Colette Lewiner, Energy advisor to Capgemini Chairman, and Perry Stoneman, Executive Vice President and Utilities Global Sector Leader at Capgemini.


Summary of global findings

  1. Sector technologies are rapidly evolving, making the penetration of renewables unstoppable.

During the past 12 months, the costs of renewable energies have continued to fall.  Onshore wind and utility scale PV costs are becoming really competitive, compared to traditional electricity generation resources. Batteries storage costs decreased also by about 20%. 

  1. Companies are re-inventing their portfolio of energy services offers to meet new customer’s expectations.

All customers (residential, tertiary or industrial) expect services, allowing better management of their energy (self-consumption, Smart Home, Smart Building, Smart Plant, electric mobility), but also fair price, transparency and green energy. Communities of buyers and peer-to-peer exchanges platforms are mushrooming.

  1. Established Utilities, heavily hit by Energy Transition and customers’ evolving expectations, have started large transformations. It’s really time to accelerate in leveraging Digital Transformation.

Most of the big players have launched more or less profound transformation plans. For a vast majority, these transformation plans focus on the downstream business, designing and managing new operation and business models. Digital technologies evolves continuously to provide new solutions (Robotic Processes Automation, Artificial Intelligence, Internet of Things, or Blockchain). Digital operations is also a big deal for Utilities since one or two years. The value of managed data  analytics also remains unexploited.

Download the full report.