{"id":1043258,"date":"2023-09-28T09:17:28","date_gmt":"2023-09-28T09:17:28","guid":{"rendered":"https:\/\/www.capgemini.com\/?p=832269"},"modified":"2025-03-21T12:03:23","modified_gmt":"2025-03-21T12:03:23","slug":"wemo-plots-a-course-for-affordable-energy-and-climate-action","status":"publish","type":"post","link":"https:\/\/www.capgemini.com\/in-en\/insights\/expert-perspectives\/wemo-plots-a-course-for-affordable-energy-and-climate-action\/","title":{"rendered":"WEMO plots a course for affordable energy and climate action"},"content":{"rendered":"\n<header class=\"wp-block-cg-blocks-hero-blogs header-hero-blogs\"><div class=\"container\"><div class=\"hero-blogs\"><div class=\"hero-blogs-content-wrapper\"><div class=\"row\"><div class=\"col-12\"><div class=\"header-title\"><h1>WEMO plots a course for affordable energy and climate action<\/h1><\/div><\/div><\/div><\/div><div class=\"hero-blogs-bottom\"><div class=\"header-author\"><div class=\"author-img\"><img decoding=\"async\" src=\"https:\/\/www.capgemini.com\/wp-content\/uploads\/2022\/11\/Mike-Lewis.jpg?w=667?w=200&amp;quality=10\" alt=\"\" loading=\"lazy\"\/><\/div><div class=\"author-name-date\"><h5 class=\"author-name\">Mike Lewis<\/h5><h5 class=\"blog-date\">25 Nov 2022<\/h5><\/div><\/div><div class=\"brand-image\"> <\/div><\/div><\/div><\/div><\/header>\n\n\n\n<section class=\"wp-block-cg-blocks-intro-para undefined section section--intro\"><div class=\"intro-para\"><div class=\"container\"><div class=\"row\"><div class=\"col-12 col-md-1\"><nav class=\"article-social\"><ul class=\"social-nav\"><li class=\"ip-order-fb\"><a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/www.capgemini.com\/in-en\/insights\/expert-perspectives\/wemo-plots-a-course-for-affordable-energy-and-climate-action\/\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><i aria-hidden=\"true\" class=\"icon-fb\"><\/i><span class=\"sr-only\">Facebook<\/span><\/a><\/li><li class=\"ip-order-li\"><a href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https:\/\/www.capgemini.com\/in-en\/insights\/expert-perspectives\/wemo-plots-a-course-for-affordable-energy-and-climate-action\/\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><i aria-hidden=\"true\" class=\"icon-li\"><\/i><span class=\"sr-only\">Linkedin<\/span><\/a><\/li><\/ul><\/nav><\/div><div class=\"col-12 col-md-11 col-lg-10\"><h2 class=\"intro-para-title\"><strong>How do we create a balance between two equally important imperatives \u2013 the security of affordable energy supply, and the fight against climate change?<\/strong><\/h2><\/div><\/div><\/div><\/div><\/section>\n\n\n\n<section class=\"wp-block-cg-blocks-group undefined section section--article-content\"><div class=\"article-main-content\"><div class=\"container\"><div class=\"row\"><div class=\"col-12 col-md-11 col-lg-10 offset-md-1 offset-lg-1\"><div class=\"article-text article-quote-text\">\n<p>That\u2019s the key question addressed in Capgemini\u2019s 2022 Annual&nbsp;<em>World Energy Markets Observatory<\/em>&nbsp;(WEMO), the 24th edition of this in-depth, authoritative report that tracks the development and transformation of electricity and gas markets in Europe, North America, Australia, Southeast Asia, India and China.<\/p>\n\n\n\n<p>The latest WEMO focuses on the triggers and impacts of successive energy crises, crucially the war in Ukraine, and the consequences of inflation, especially in Europe. It explores how affordable energy supplies and the slowing down of climate change can both be achieved by a mix of short-term action and long-term decisions on the reform of energy market design, on the sustainability of energy supplies, and on favourable financing conditions for green investments.<\/p>\n\n\n\n<p>\u201cIn this year\u2019s Observatory, we see how the latest waves of disruption are impacting energy security and affordability, while also jeopardizing climate change plans,\u201d says Colette Lewiner, Capgemini\u2019s Senior Energy and Utilities Adviser. \u201cEmerging technologies and new use cases across the energy value chain, including green hydrogen, CCUS, storage and e-mobility, will play a critical role in helping the world maintain security, while also working towards a net zero&nbsp;future.\u201d<\/p>\n\n\n\n<p>Adds James Forrest, Global Energy and Utilities Industry Leader at Capgemini: \u201cThough energy security has been neglected in favour of the fight&nbsp;against climate change in recent years, the current crisis provides an opportunity for global energy markets and governments to address the two issues concurrently.<\/p>\n\n\n\n<p>\u201cBy activating solutions like energy reduction, solar, and wind in the short-term and continuing to unlock the biggest climate packages in history, we can achieve meaningful progress&nbsp;between these equally important imperatives.\u201d<\/p>\n\n\n\n<p>Capgemini\u2019s investment in in-depth energy industry research and analysis, for which the WEMO report has become internationally renowned, began with its first edition in 1999. This year, Capgemini\u2019s extensive experience and expertise is supported by specialist contributions, on regulation and customer behaviour, as well as markets\u2019 data, from our partners\u2019 research teams at De Pardieu Brocas Maffei and Enerdata in France and VaasaETT in Finland.<\/p>\n\n\n\n<p>As well as addressing the unique combination of global energy challenges, the WEMO also includes in-depth coverage of commodities markets, climate change and regulatory policies, energy transition, and advances in clean technologies, infrastructure and adequacy of supply, financials and the impact of the current crises on utilities oil and gas companies.<\/p>\n\n\n\n<p>For an initial conversation about your requirements, contact&nbsp;<a href=\"https:\/\/www.linkedin.com\/in\/mikelewisuk\/?originalSubdomain=uk\" target=\"_blank\" rel=\"noreferrer noopener\">Mike Lewis<\/a>, VP Global Leader, Energy Transition.<\/p>\n\n\n\n<p><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/section>\n\n\n\n<section class=\"wp-block-cg-blocks-wrapper-people-slider section section--expert-slider wrapper-people-slider undefined\"><div class=\"container\"><div class=\"content-title\"><h3 data-maxlength=\"34\">Author<\/h3><\/div><\/div><div class=\"slider slider-boxed\"><div class=\"container\"><div class=\"slider-window\"><div class=\"slider-list\">\n\t\t<div class=\"slide\">\n\t\t\t<div class=\"box\">\n\t\t\t\t<div class=\"row\">\n\t\t\t\t\t<div class=\"col-md-6 col-lg-4 box-img-wrapper\">\n\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.capgemini.com\/in-en\/wp-content\/uploads\/sites\/18\/2022\/11\/Mike-Lewis.jpg\" alt=\"Mike Lewis\"\/>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"col-md-6 col-lg-8 box-inner\">\n\t\t\t\t\t\t<div class=\"row title-social-media-header\">\n\t\t\t\t\t\t\t<div class=\"col-md-12 col-lg-6 mbl-social-icon\">\n\t\t\t\t\t\t\t\t<ul class=\"social-nav\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"col-md-12 col-lg-6 box-container\">\n\t\t\t\t\t\t\t\t<div class=\"box-title\">\n\t\t\t\t\t\t\t\t\t<h3 class=\"people-profile-title\">Mike Lewis<\/h3>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span>VP Global Leader Energy Transition<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"col-md-12 col-lg-6 social-box-container dkt-social-icon\">\n\t\t\t\t\t\t\t\t<ul class=\"social-nav\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"people-info\">He is the lead of Capgemini&#8217;s Energy Transition business globally. He is responsible for our client&#8217;s success in their move to low carbon energy &#8211; both the products and services our clients bring to market, and how their own company transition to low carbon, sustainable business practices.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\n<\/div><\/div><\/div><div class=\"slider-nav\"><button class=\"slider-prev inactive\" aria-label=\"Slider previous\" tabindex=\"-1\"><\/button><ul class=\"slider-paginator\"><\/ul><button class=\"slider-next\" aria-label=\"Slider 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