This IDC Market Perspective analyzes worldwide smart customer operations in the energy sector. It outlines M&As, agreements, reorganizations, and major business developments; customer care and billing events; customer engagement, smart metering, conservation, and energy-efficiency initiatives, and sustainability projects; digital transformation; major flexibility, electric vehicle (EV), and battery energy storage projects; and generative AI (GenAI) initiatives in 3Q23."Unpredictability has become the name of the game among utilities, and the events of the past two years have changed the game. While more immediate matters such as supply security, demand efficiency, and tariff impacts on energy consumers are drawing attention from long-term initiatives, contingent factors such as extreme drought and catastrophic weather events are vivid reminders that climate is a nonlinear process that must be addressed with extreme urgency. Utilities will continue to prioritize their net-zero journeys and sustainability efforts, with affordability being of paramount importance," said Gaia Gallotti, associate research director, IDC Energy Insights.
Please Note: Extended description available upon request.
Executive Snapshot
New Market Developments and Dynamics
Situation Overview
Clean Energy and Sustainability
Smart Metering
Business Environment, 3Q23
Demand and Prices
Oil Prices
Electricity Prices
Utilities and GenAI
M&As, Agreements, Reorganizations, and Major Business Developments, 3Q23
Shell to Sell Home Energy Business in the U.K. and Germany to Octopus Energy
Enel Signs Agreement to Supply Eaton Facility with Texas Wind Energy
Germany Forms Second Energy Efficiency Network for Network Operators
Global Energy Companies Launch Interoperability Alliance
New York Greenlights Con Edison's $11.8B Clean Energy Investment Plan
Customer Care and Billing, 3Q23
Kansai Using Oracle Customer Care and Billing
adesso to Migrate SAP S/4HANA Utilities to the Cloud for TEAG Thüringer Energie AG
ENGIE Chooses Ferranti's MECOMS 365
City of Amarillo Launched New Utility Bill Payment System
Customer Engagement, 3Q23
BC Hydro Selects Powerley for Home Energy Management
Lumme Energia Chooses Eliq for Smart Monitoring Feature
OAP Chooses Eliq to Launch nybo Energy Platform
Xenn Energy Management App Launched in Belgium
Smart Metering, 3Q23
JEPCO Selects Itron for 1.5M Meter Rollout
ESB Networks Implements 1.3M Smart Meters in Ireland