Energy Digital Magazine April 2024 | Page 67

ELECTRICITY 4.0

“ The advantage of digital technology is that digital makes the invisible visible ”

PANKAJ SHARMA EXECUTIVE VICE PRESIDENT , SECURE POWER DIVISION & DATA CENTER BUSINESS , SCHNEIDER ELECTRIC
“ The advantage of digital technology is that digital makes the invisible visible ,” he begins . “ When all available data is visible , it helps eliminate a lot of waste and helps in driving efficiencies .
“ And when you think of electric , electric makes everything green . So it ’ s green from the perspective of using greener energy , having products and solutions which are greener , which means it is highly efficient and uses less and less carbon .”
With the intersection of the two being where Electricity 4.0 works its magic , it marks a paradigm shift towards a more interconnected , efficient and sustainable electricity system – especially as according to the latest stats , more than 80 % of the world ’ s grids are mostly relying on fossil fuels .
The power of Electricity 4.0 Electricity 4.0 is proven to be between three and five times more efficient than other sources , and it is also known to be the best vector for decarbonisation , with this increasing further as six times the amount of electricity will come from renewable sources by 2040 , from 6 % today to 40 % in the next two decades .
Sharma adds : “ It ’ s important to be able to provide smart energy everywhere . And when I say everywhere , I mean everywhere . It doesn ’ t matter whether it ’ s data centres or other infrastructure
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