Schneider Electric emphasizes the ‘Role of Digitisation’ to ensure ‘24X7 Power for all’
With an aim to further strengthen its commitment towards attaining a ‘New World of Energy’ that is more efficient, sustainable, reliable and connected, Schneider Electric, the global specialist in energy management and automation, today brought-forth the massive opportunities that can be leveraged through ‘digitisation of power distribution’, and presented its digital architecture, EcoStruxure Grid. The architecture is an open IoT-enabled framework for digital transformation of distribution utilities. EcoStruxure leverages the IT/OT convergence, ensuring high efficiency in grid operations, optimal asset management and enables an overall digital transformation.
Schneider Electric in partnership with IDC, also released a white paper that highlights the pressing need for Indian utilities to embark on the technological advancements in the sector, in order to trim operational inefficiencies and create a more agile organisation. At a time when global energy consumption is expected to increase by 40% over the next 25 years, the ‘New World of Energy’ lays emphasis on the need to Decentralise, Digitise and Decarbonise.
Anil Chaudhry, Country President and Managing Director, Schneider Electric India, said, “Digitisation offers tremendous opportunities for improving competency of power distribution in India. Traditionally, we have addressed the energy equation from the supply side— adjusting the amount of electricity generated to ensure that supply matches demand. But depending solely on supply-side solutions will not allow us to meet our obligations to reduce our carbon emissions and reduce energy consumption. In the new world of energy – where lives are more electric, more connected, and more distributed - we are better able to address the problem from the other side — from the demand side, from the perspective of the energy user. In line with this, a prerequisite to extracting optimal efficiency of power discoms is the coming together of energy, automation and software & analytics. This makes the energy value chain more intelligent — more predictable.”
He further added, “The EcoStruxure architecture leverages IoT and cloud capabilities alongwith automation and software & analytics, to drive greater energy and process optimisation. We, at Schneider Electric, are completely committed to extend all our support to the Government in achieving its goal of 24X7 quality power supply.”