Event Concluded
Consumer Electronics Technology
7th Electricity Loss Reduction & Theft Management
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In-Person
Singapore
Jul 24, 2023 - Jul 27, 2023
SGT
About Event
Electricity Loss is a major issue for Electricity and Power Utility companies as it causes major disruption to their operations which leads to loss of revenue. Moreover, Electricity Loss also causes issues relating to economic growth and power infrastructure stability. There are mainly two types of Electricity Losses, Technical and Non-Technical Losses. Technical Losses are naturally occurring losses that happen during the Production, Transmission, and Distribution of Electricity while Non-Technical Losses, also known as Commercial Losses happen mostly due to Electricity Theft and Fraud. Non-Technical Losses reportedly make up more than 70% of Electricity Losses which amounts to approximately US$96 billion a year. Even though various policy initiatives have been put in place to tackle Electricity Theft and Fraud, these policies are still unable to effectively reduce the amount of Electricity Theft and Fraud cases. Electricity Power Utility companies are still losing large amounts of revenue due to unlawful usage of electricity and fraud by electricity consumers. Therefore, Equip Global is pleased to announce the dates for the leading 7th Electricity Loss Reduction & Electricity Theft Management Summit 2023 that will be happening in SINGAPORE. Back by popular demand, this annual summit is the best platform for global industry experts from Power Utility, Electricity, and Smart Grid companies together with the Government and Ministries of Energy/ Infrastructure to gather for invaluable networking and learning opportunities and discuss the latest trends and strategies that will help Your organisation with Tackling Electricity Loss Reduction and Theft Management.
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