New Delhi: “Electricity is the most efficient form of energy, but its potential can only be fully realized with automation and digitalization,” said Fredric Godemel, Executive Vice President of Energy Management, Schneider Electric, as the company deploys AI-driven solutions to support India’s target of integrating 500 GW of renewable energy into the national grid.
Schneider Electric is focusing on demand-side management, a critical aspect of India’s energy transition that aims to reduce peak demand, improve grid efficiency, and lower energy waste. The company’s AI-powered energy management systems analyze consumption patterns, predict peak loads, and automate responses to optimize electricity use across industries and residential areas.
The company’s “peak shaving” approach, which reduces electricity consumption during high-demand periods, is expected to achieve a 10-20% reduction in peak demand, easing stress on the grid and lowering energy costs.
“Scaling this approach at a national level requires strategic investment in digital technology infrastructure,” Godemel said. “This isn’t just about adding renewable capacity—it’s about making the entire energy ecosystem smarter.”
With India’s electricity demand projected to triple in the coming years, AI-based solutions will be crucial in maintaining grid stability while ensuring efficient and resilient energy distribution. The company’s AI-driven software continuously refines operations using real-time data, enabling large industrial complexes and commercial buildings to contribute to grid stabilization.
Schneider Electric has positioned India as one of its four global hubs, operating 31 factories across the country. The company’s Energy Management business grew 12% organically in FY24, with double-digit growth in India.
“Currently, one of our biggest investment areas is data centers,” Godemel said. “India’s growing digital infrastructure requires energy-efficient solutions, and we are actively supporting this expansion.”
With India targeting 500 GW of renewable energy by 2030, Schneider Electric’s investments in digital infrastructure, automation, and AI-driven solutions are expected to play a key role in supporting the country’s clean energy transition.
- Published On Feb 26, 2025 at 08:24 AM IST
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