Schneider Electric: How AI may be the spark that can lower electricity bills

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AI and digitalisation are crucial for the necessary energy transition and to lower CO2 emissions, says the CEO of Schneider Electric, which is launching new solutions at its Innovation Summit in Paris.

The world could save $2 trillion (€1.85 trillion) by 2030 if it implements the necessary technology to decarbonise the energy sector, according to Schneider Electric.

“We have the technology to get rid of 70% of CO2 emissions that are generated by energy,” said CEO Peter Herweck as he called on global leaders from across industries to speed up their efforts.

The CEO of the French multinational company, specialising in digital automation and energy management, was speaking at the company’s flagship Innovation Summit in Paris on Wednesday.
Read the entire article here: https://www.euronews.com/business/2024/04/03/schneider-electric-how-digitalisation-and-ai-can-spark-lower-electricity-bills

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