Energy Digital Magazine April 2024 | Page 64

ELECTRICITY 4.0

Electricity 4.0 : Blazing a Path to Net Zero

In an exclusive sit down with Energy Digital , Schneider Electric ’ s Pankaj Sharma shares how Electricity 4.0 plays an integral part in the energy transition
WRITTEN BY : MAYA DERRICK

The fourth industrial revolution in the electricity sector , the term Electricity 4.0 often sparks an association with advanced digital technologies being integrated into the generation , transmission , distribution and consumption of electricity .

Electricity 4.0 was first coined by Schneider Electric , which firmly believes it to be the key in unlocking the future of the energy sector – representing the convergence of electric and digital at scale . Through this concept , electricity systems are empowered to become greener and smarter , with the integration enhancing efficiency , reliability , sustainability and flexibility throughout the entire electricity value chain .
In the words of Pankaj Sharma , Schneider Electric ’ s Executive Vice President , Secure Power Division & Data Center Business , Electricity 4.0 is the fastest path to net zero .
64 April 2024