Schneider Electric looks to digitalisation, new partners to tackle rapid electrification

Schneider Electric looks to digitalisation, new partners to tackle rapid electrification


[SINGAPORE] Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation.

From buildings requiring more air-conditioning amid global warming to technology such as electric vehicles and artificial intelligence (AI), today’s demand is a big jump for a world which, for many years, needed electricity only for about 20 per cent of its functions.

Jean-Pascal Tricoire, chairman of energy solutions giant Schneider Electric, believes that in 25 years’ time, the world will be “about 40 to 60 per cent” electric.

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Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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