Global | November 5, 2024

Schneider Electric Launches New Smart Grid Solutions to Strengthen Grid Resiliency, Flexibility, and Manage Net-Zero Demands

These smart solutions span the entire energy chain, enabling businesses to thrive amidst the evolving energy landscape.

 

Image for illustration purposes.

The Need for Grid Innovation

Recent climate agreements have underscored the urgency of upgrading electric grids to phase out fossil fuels and increase renewable energy usage. In Australia, for instance, renewables are projected to account for 35% of total electricity generation by 2030. This shift necessitates innovative solutions to integrate new technologies and meet future energy demands efficiently.

Key Benefits of Smart Grids

  1. Renewable Integration: Digital grids facilitate the incorporation of renewable energy sources.
  2. Demand Management: Smart systems efficiently handle emerging energy demands.
  3. Reliability: Advanced technologies enhance the overall reliability of energy systems.

Schneider Electric’s Vision

Frederic Godemel, EVP Power Systems and Services at Schneider Electric, emphasised the company’s focus on delivering comprehensive, end-to-end solutions to accelerate progress for all stakeholders in the electricity value chain. He highlighted the crucial role of smart grids and innovative digital technologies in achieving a sustainable future.

Collaboration and Future Outlook

At Enlit Europe 2024, Schneider Electric showcased its commitment to these advancements and invited energy leaders to collaborate in building a flexible and resilient energy landscape. The company’s strategy involves:

  1. Maximising efficiency
  2. Deploying low-carbon technologies
  3. Investing in the ‘Grids of the Future’

By focusing on these areas, Schneider Electric aims to unlock the full potential of renewable energy and create a cleaner, more reliable energy system.

Conclusion

As the energy sector faces increasing pressure to modernise and adapt to climate change, Schneider Electric’s smart grid solutions represent a significant step towards a more sustainable and efficient energy future. These innovations promise to reshape the energy landscape, offering improved resiliency, flexibility, and the ability to meet net-zero demands.

Source: AZoCleantech