AI and digitalisation are crucial for the necessary energy transition and to lower CO2 emissions, says the CEO of
The world could save
"We have the technology to get rid of 70% of CO2 emissions that are generated by energy," said CEO
The CEO of the French multinational company, specialising in digital automation and energy management, was speaking at the company's flagship Innovation Summit in
It chose the occasion to announce a number of new solutions, including AI-driven ones, in an effort to accelerate the energy transition.
"We need to use less, but we will be consuming more."
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CEO of
Emphasising the need for immediate action, Herweck pointed out that 80% of the CO2 emissions generated today was related to energy. But, he added, only 45% was related to generating energy. That meant 55% was related to the demand side - consumers, in other words - therefore consumers could have a surprisingly strong impact on lowering emissions.
How energy consumption is going to accelerate across the globe
An increasing need for energy will be mainly driven by population growth and also by giving access to people who do not currently have it,
He expects
"We need to use less, but we will be consuming more," he summarised as he spoke about his vision for the future of the energy landscape.
How AI can drive the change
According to Herweck, the solution to lower carbon emissions from the energy sector lies in combining automation, electrification and digitisation. Data centres and artificial intelligence (AI) are in the forefront of their solutions. Investments today are showing a return within 10 years.
The initiative called "Materialize" is a platform where companies dealing with critical resources and materials share their know-how on how to decarbonise their operations. They can also carry out renewable power purchase agreements (PPAs) to reduce carbon emissions across global value chains which typically account for more than 70% of a business's carbon footprint.
Another trend, the company believes, is that "we all have to manage electricity at home".
That is where artificial intelligence comes in and, ideally, does the calculations to lower energy consumption by, for example, providing information on when to charge the car or when to sell the excess energy the solar panels produced on the roof.
The idea is similar when it comes to tackling the need to lower consumption across the various industries.
According to
Other initiatives have also been adopted to help the green transition, including the European Green Deal.
Yet, the development of the energy transition is behind. "We are not at the scale that is necessary to reach the target," said
She urged policymakers to accelerate the necessary procedures. "Now it is all about actions, how to make that happen."
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