- 90% of utilities are looking for a joint venture, acquisition or both to take the next step in smart energy technology.
- 85% of respondents expect M&A in the utilities sector to increase over the next 12 months.
- 46% of investors and 30% of utilities are investing to access new technology.
- 30% of utilities and 24% of investors are looking to invest in smart meter technology in the near term.
- 26% of investors and 31% of utilities are looking to put their money in cloud-based management systems/virtual power plant (long-term 6-10 years).
- Germany, China and the UK revealed as the top three targets countries for smart energy investment for utilities and investors.
- Nordics take the top spot for financial attractiveness for implementation.
About the report
We spoke to 250 senior level executives, drawn from 200 utilities businesses and 50 investment entities including private equity, investment banks, multilateral development banks and sovereign wealth funds. The respondent pool was split evenly between EMEA and Asia Pacific regions.
Our Energy experience
Our international energy team is renowned for its sector expertise, gleaned through decades of exposure to all facets of the industry, significant experience of cross-border transactions and project delivery, and the development of a global team which encompasses all legal disciplines.
We will help navigate the likely challenges an energy project may face, including: property, planning and environmental issues, grid connection, power purchase arrangements (PPAs) and participation in markets, corporate structuring, bankability, regulatory issues and taxation. We also advise extensively on construction, procurement and operation and maintenance agreements.