The company's pressure and emission policies are accelerating innovation in the world of energy. At the same time, increased competition drives companies to become more efficient.
A range of companies, such as Google and Facebook, Nestlé, now opt to use more sustainable energy sources such as solar and wind. However, in order to make the most of renewable technology, companies will have to adopt new technologies.
At Schneider Electric, we see first hand that companies are increasingly willing to test new clean technologies to create operational efficiencies, reduce environmental impacts and reduce costs, or even potentially generate ROI. However, long-term success requires a rethinking of energy and the incorporation of new technologies, from generation to distribution and excess power management.& Nbsp;
Here are four technologies with the potential to change our vision of energy:
Microgrid: strengthening of the local market
Today there is a shift from a highly centralized supply system and a return to smaller localized systems, which optimize demand, consumption and energy management. Microgrids are emerging as one of these decentralized technologies. They combine a combination of clean technologies such as distributed generation, batteries and renewable resources to help organizations operate autonomously from the traditional electricity grid.
Buyers of commercial, industrial and institutional energy can now see immediate savings thanks to the implementation of technologies integrated into a microgrid. These isolate their structures from the risk & nbsp; and change the cost components of an ever-changing energy market.
Energy Storage: an opportunity to decarbonize on a large scale
Batteries and other types of storage play a fundamental role in enabling companies to adopt low-cost, clean and low-cost renewable energy. Renewable energy sources can face intermittent problems. The accumulation of energy helps to remove this significant barrier that previously prevented greater adoption of wind and solar energy.
As the price of batteries and other storage solutions decreases, corporate buyers will be well positioned to maximize their energy investments, while contributing to the transition to clean energy. Also, with the microgrids on the rise, & nbsp; the accumulation of energy, & nbsp; in combination with other new energy opportunities, it could become commonplace for companies.
Fuel cells: investing in the future
Fuel cells electrochemically combine a fuel with oxygen and convert the resulting chemical energy into electrical energy without any form of combustion. Because they require a constant and constant source of fuel to produce electricity, fuel cells are able to provide a clean and baseload electricity source. This provides facilities with the need for a reliable minimum supply of energy, from production facilities to hospitals, to incorporate renewable energies into their energy mix without compromising the safety and stability of their base load.
As a basic resource, fuel cell technology helps bridge the gap where other renewable energy sources face challenges. The intermittency problems that wind and solar must overcome are not a concern for fuel cells. In collaboration with other renewable technologies, fuel cells can balance the difference between demand and the generation of intermittent resources. Although technology is new and expensive as a result, just as other clean technologies have found success, they should become a viable technology to consider.
Blockchain: efficient transactions
Blockchain technology is a distributed digital ledger used to record and track transactions. It uses sophisticated algorithms to validate, encrypt and instantly record transactions for virtually anything of value in a secure and decentralized manner. Energy is an area of interest for blockchain applications, particularly when it comes to certifying the energy sources that you are using.
With the increase in autonomy that the Blockchain introduces, & nbsp; Buyers of corporate energy may find it easier to achieve these goals – and with a lower commitment in terms of costs and time.
Secret of success
The combination of the advantages of all four technologies is vital for the future of energy efficiency. Companies need to take control of their energy to avoid potential disruptions from changes that are out of their hands, from the fluctuations of intermittent prices often associated with renewable sources.
Strategically thinking can transform the energy management of a company and should be the basis for implementing these new technologies. By developing efficiency and a sustainable energy strategy, companies can tackle whatever the future holds.
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The company's pressure and emission policies are accelerating innovation in the world of energy. At the same time, increased competition drives companies to become more efficient.
A range of companies, such as Google and Facebook, Nestlé, now opt to use more sustainable energy sources such as solar and wind. However, in order to make the most of renewable technology, companies will have to adopt new technologies.
At Schneider Electric, we see first hand that companies are increasingly willing to test new clean technologies to create operational efficiencies, reduce environmental impacts and reduce costs, or even potentially generate ROI. However, long-term success requires a rethinking of energy and the incorporation of new technologies, from generation to distribution and excess power management.
Here are four technologies with the potential to change our vision of energy:
Microgrid: strengthening of the local market
Today there is a shift from a highly centralized supply system and a return to smaller, localized systems that optimize demand, consumption and energy management. Microgrids are emerging as one of these decentralization technologies. They combine a combination of clean technologies such as distributed generation, batteries and renewable resources to help organizations operate autonomously from the traditional electricity grid.
Buyers of commercial, industrial and institutional energy can now see immediate savings thanks to the implementation of technologies integrated into a microgrid. These isolate their facilities from the risk and the evolving cost components of a continuously evolving energy market.
Energy Storage: an opportunity to decarbonize on a large scale
Batteries and other types of storage play a fundamental role in enabling companies to adopt low-cost, clean and low-cost renewable energy. Renewable energy sources can face intermittent problems. The accumulation of energy helps to remove this significant barrier that previously prevented greater adoption of wind and solar energy.
With the collapse of the price of batteries and other storage solutions, business buyers will be well positioned to maximize their energy investments, while contributing to the transition to clean energy. Furthermore, with increasing microgrids, energy storage, combined with other new energy opportunities, could become commonplace for companies.
Fuel cells: investing in the future
Fuel cells electrochemically combine a fuel with oxygen and convert the resulting chemical energy into electrical energy without any form of combustion. Because they require a constant and constant source of fuel to produce electricity, fuel cells are able to provide a clean and baseload electricity source. This provides facilities with the need for a reliable minimum supply of energy, from production facilities to hospitals, to incorporate renewable energies into their energy mix without compromising the safety and stability of their base load.
As a basic resource, fuel cell technology helps bridge the gap where other renewable energy sources face challenges. The intermittency problems that wind and solar must overcome are not a concern for fuel cells. In collaboration with other renewable technologies, fuel cells can balance the difference between demand and the generation of intermittent resources. Although technology is new and expensive as a result, just as other clean technologies have found success, they should become a viable technology to consider.
Blockchain: efficient transactions
Blockchain technology is a distributed digital ledger used to record and track transactions. It uses sophisticated algorithms to validate, encrypt and instantly record transactions for virtually anything of value in a secure and decentralized manner. Energy is an area of interest for blockchain applications, particularly when it comes to certifying the energy sources that you are using.
With the increase in autonomy that the blockchain introduces, buyers of corporate energy may find it easier to achieve these goals – and with a lower commitment in terms of costs and time.
Secret of success
The combination of the advantages of all four technologies is vital for the future of energy efficiency. Companies need to take control of their energy to avoid potential disruptions from changes that are out of their hands, from the fluctuations of intermittent prices often associated with renewable sources.
Strategically thinking can transform the energy management of a company and should be the basis for implementing these new technologies. By developing efficiency and a sustainable energy strategy, companies can tackle whatever the future holds.