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Schneider Electric Introduces the One Digital Grid Platform

Schneider Electric, a recognized leader in energy technology, has unveiled its innovative One Digital Grid Platform, poised to revolutionize the way utilities operate. This comprehensive, AI-enabled platform seeks to modernize existing infrastructure without the need for costly upgrades, catering specifically to the needs of utility providers. The launch event took place simultaneously in two key locations: at Enlit Europe in Bilbao, Spain, attracting over 15,000 professionals from around the globe, and the Innovation Summit North America in Las Vegas, boasting participation from more than 2,500 industry leaders.

The platform unifies various aspects of utility management—planning, operations, and asset management—into a flexible solution that not only enhances grid resilience but also aims to lower operational costs. According to Frédéric Godemel, Executive Vice President of Energy Management at Schneider Electric, the demand for electricity today transcends mere supply; it calls for resilience and sustainability. With this new platform, utilities can transform aging infrastructure into smart networks that are future-ready and prepared for the challenges of decarbonization.

Addressing Energy Demand in the U.S.

A recent study by Schneider Electric’s Sustainability Research Institute highlights the urgent challenge of grid instability, which costs U.S. businesses billions of dollars each year. To effectively meet the growing demand for electricity—anticipated to rise by 1,000 to 2,000 terawatt hours (TWh) every decade—utilities must swiftly expand capacity through innovative means such as distributed generation and improved energy efficiency. The One Digital Grid Platform is positioned as a key strategic asset in overcoming this challenge.

Ruben Llanes, CEO of Digital Grid at Schneider Electric, emphasized that without prompt action, the U.S. risks facing significant challenges to its energy stability and economic growth. The platform’s capabilities enable utility companies to modernize operations, seamlessly integrate renewable energy sources, and ultimately reduce outages—all critical factors in maintaining a stable and efficient grid.

Innovative AI Features to Enhance Performance

The One Digital Grid Platform is built on Schneider Electric's existing systems and leverages advanced AI technology and real-time data to improve the grid's reliability. With functionalities such as Estimated Time of Restoration (ETR), the platform provides transparent and timely updates to customers during outages, drawing from real-time data to inform them of expected restoration times. This proactive approach not only improves communication with customers but also enhances overall satisfaction.

Additionally, the platform includes intelligent tools, such as the Grid AI Assistant, which embeds real-time troubleshooting capabilities directly within the existing grid management structures, streamlining decision-making processes for operators. These advancements contribute to more effective responses during outages and operational challenges, fostering a more resilient energy network.

Seamless Cloud Integration for Enhanced Security

Face-to-face with evolving cybersecurity challenges, the One Digital Grid Platform is designed with robust security measures in mind. Leveraging Microsoft Azure, the platform offers a hybrid-cloud architecture that enables scalable, secure operations—further enhancing the integrity and efficiency of grid management strategies. This partnership allows utilities not only to innovate more rapidly but also to ensure that operations are secure and data-driven.

Darryl Willis, Corporate Vice President at Microsoft for the Energy and Resources Industry, expressed confidence in the partnership, stating that together with Schneider Electric, they aim to empower utilities with the real-time intelligence needed to improve operations and ultimately create a greener energy future.

Proven Track Record of Success

Schneider Electric's legacy in grid management is underscored by quantifiable results from utilities utilizing their Advanced Distribution Management Systems (ADMS). According to a Forrester Consulting study, these utilities have seen:

• - A staggering 184% return on investment
• - $62 million in overall business gains
• - A net financial benefit of $40 million, with a payback period of just 16 months
• - A notable 20% reduction in outage penalties due to rapid response capabilities
• - Average time savings of up to 65% for control room operators in outage and grid management
• - Identification and resolution of field issues up to 35% faster, leading to decreased downtime.

With the One Digital Grid Platform officially launching worldwide, Schneider Electric is set to make substantial strides in empowering utilities across various markets to enhance their operational frameworks amidst evolving energy demands. For more details and to explore this innovation, visit Schneider Electric's website.

About Schneider Electric

Schneider Electric is a leading global energy technology authority dedicated to electrifying, automating, and digitalizing industries and homes. Their comprehensive range of solutions spans intelligent devices, software-defined architectures, and expert advisory services, all aimed at optimizing performance and sustainability. With a workforce of 160,000 employees and partnerships spanning over 100 countries, Schneider Electric remains committed to driving efficiency and innovation in the energy sector.