Energy & Water Security


Energy and Water Security are synonymous with resilience, specifically, the ability to respond to issues in a timely manner while avoiding challenges with the supply and demand of electricity or water. To demonstrate Energy and Water Security, markets must ensure adequate supply is available at an affordable price and be capable of responding quickly to interruptions or significant disruptions. In short, it requires preparation and careful planning for such contingencies.

Expertise

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Renewable Energy

Security of Supply

Supply diversification involves exploiting various energy sources, suppliers, and transportation routes to reduce dependence on any single resource or provider. Diversifying a supply mix protects against energy disruptions while supporting energy security.
 

Promoting water security solutions requires a comprehensive and integrated approach that combines water management practices, technological innovations, policy interventions, and community engagement. It is crucial for sustainable development, poverty reduction, public health, and environmental preservation.

Data Collection

Market Development

Market Development is essential in promoting the security of supply, gaining efficiencies through improved utilization of cross-border infrastructure, and improving opportunities to attract investment. Significant renewable energy investments, for instance, can benefit by gaining access to the stability that comes from larger markets. Furthermore, market development provides support through reserve sharing and coordinated emergency responses.
Strategy

Utility Regulation

The primary objective of utility regulation including electric utility regulations is to ensure that energy and water services are provided in the public interest, with considerations for affordability, reliability, safety, and quality. The regulation aims to balance the interests of consumers, service providers, and the broader community. 

NEOS Advisory provides specialized expertise and advice to governments, regulatory bodies, utility companies, and other stakeholders involved in regulating public utilities. These services aim to support effective decision-making, policy formulation, and regulatory frameworks in the utility sector and include regulatory policy development, tariff design, performance monitoring, market analysis, and regulatory compliance and enforcement.

Power Line

Critical Infrastructure Resilience

Critical infrastructure resilience is crucial for safeguarding public safety, economic stability, and societal well-being. By strengthening the ability of critical systems to withstand and recover from disruptive events, countries, and communities can reduce vulnerabilities, minimize the impact of disruptions, and ensure the continued provision of essential services.

NEOS, one of the leading risk management companies in Dubai, can help ensure the capacity of critical infrastructure sectors such as electricity, gas, water, and wastewater to maintain their vital functions, even in the face of adversity, through robustness evaluation, continuity of operations, risk assessment and mitigation, and public-private cooperation.

Search Promotion

Crisis Management

With the rapid expansion of the global economy and blistering pace of industrialization and urbanization, demand on the power grid is ever-increasing. Long-term strategic management and short-term emergency management are required to ensure energy security against disruptive threats due to excessive growth in global demand, natural disasters, terrorism, wars, geopolitics, and other factors. This includes crisis prevention and preparation, crisis response and communication, and post-crisis lessons learned and implementation of actions to mitigate future crises.

NEOS can help by conducting a resiliency audit of the current Crisis Management System, providing experts in Crisis Management to support and train teams on the ground, providing experts to develop a tailored Crisis Management Plan, and by designing Risk & Vulnerability Studies, Resource Mobilization Plans, Prevention & Response Communication Plans, and Supply Solutions & Demand Management Reports, and offering energy management consulting services to enhance overall resilience and efficiency.

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