• Monday, January 27, 2025
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Schneider Electric champions sustainable tech at Davos

Schneider Electric champions sustainable tech at Davos

Schneider Electric, the global leader in energy management and automation, and recognised sustainability leader, will play an active role at the World Economic Forum Annual Meeting 2025 (WEF), advocating for more collaboration to increase uptake of energy technologies and automation solutions.

The annual meeting gathers global leaders from all sectors to address the world’s most urgent challenges. This year, it emphasises stronger collaboration to address geopolitical dynamics, while stimulating growth and stewarding a just energy transition. Schneider Electric is firmly aligned with the WEF’s call to action. The company has long worked across multiple industries and sectors, helping clients and partners reduce environmental impacts along their value chain, while improving efficiency and resilience.

Read also: Schneider Electric champions sustainable energy access in Africa

Recently, Schneider Electric released two key reports, The Looming Power Crunch: Solutions for Data Center Expansion in an Energy-Constrained World from its Energy Management Research Centre, and Artificial Intelligence for Energy Transition from its Sustainability Research Institute. These reports outline strategies for addressing the challenges of an energy-constrained world and ensuring expansion is both sustainable and economically viable.

They also define a strategy for integrating AI seamlessly into our infrastructure to achieve substantial decarbonisation in the energy sector. Olivier Blum, CEO of Schneider Electric, during the IEA global conference in December 2024, advocated that it is possible to leverage innovations in AI to deliver greater efficiency, resilience, and security simultaneously while ensuring smart and sustainable management.

Read also: World Economic Forum recognises Schneider’s Wuxi factory

Schneider Electric now calls for harnessing the momentum around AI to accelerate the adoption of existing technologies such as end-to-end AI data centre solutions or AI powered HVAC in buildings. The company states that this will facilitate a successful energy transition and drive the development of smart industries.

According to a WEF report, reducing energy usage with existing technologies alone could lower energy intensity by 31% and generate annual savings exceeding $2 trillion USD by 2030. To deploy technology at scale, Schneider Electric emphasises stronger partnerships and enhancing efficiency at the industry level.

“Sustainability and economic growth can go hand-in-hand,” says Olivier Blum, CEO, Schneider Electric. “By forging strategic partnerships, companies can leverage innovation and technology at hand to increase their performance while delivering meaningful impacts and a better future for all.”

Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy. He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.

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