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In this weeks Corporate Knights drill-down, we focus on the importance of smartgrids to transition to a sustainable economy, and Schneiders electrics investments in smartgrid technologies. Smartgrids are crucial for transitioning to a sustainable economy and addressing climate change.
Using 2019 as a baseline, we found that Use of Sold Products (Category 11) represents the lion’s share—nearly 80 percent—of our Scope 3 emissions. Renewable energy and smartgrids rely on semiconductors, as do collaboration and remote monitoring tools that dramatically reduce the need for travel.
Here are a few notable examples: Artificial Intelligence (AI) and sustainability: As AI adoption spreads across different sectors , it opens numerous opportunities for climate change mitigation and adaptation through predictive analytics, data analysis, and machine learning.
The 2019–2020 Australian bushfires, which triggered widespread blackouts nationwide, underscore the urgent need for power resilience. is crucial for smartgrids, microgrid integration, RES adoption and achieving net zero goals. Digital innovation in power The digitalisation of energy, or Electricity 4.0,
Envision Digital International Pte Ltd ("Envision Digital"), a global Digital AIoT technology leader headquartered in Singapore, has been appointed to develop the first SmartGrid for Thailand's major energy company, PTT Public Company Ltd ("PTT") which contributes to approximately 16% of the country's GDP.
Initiated in 2010 as part of the Department of Energys SmartGrid Investment Grant, this project has prevented nearly seven million outage minutes from the beginning of 2023 through May 2024. In 2024, we implemented a new Meter Data Management system, centralizing and validating meter data for billing, analytics, and customer use.
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