The global economy can aim for a more sustainable future by deploying the twin tools of electrification and digitization, according to the boss of one of the world's largest energy management and digital automation companies.
Speaking at his company's Innovation Summit in
Since 80% of climate change is down to carbon emissions, and 80% of such emissions are related to energy, how the world generates and consumes energy is where most of the problems and the solutions lie, he noted.
"To address that, we say - be more digital, more electrical and ultimately...more efficient. This digital economy is contingent upon reliable, secure and affordable access to energy. Yet its potential to power a decent life has created an oxymoron the world needs to address - that's consume more but use less."
But Herweck asserted that the technologies needed to make energy consumption more efficient and its production less carbon intensive "by taking out 70% of current CO2 emissions" are already here.
Many of these are underpinned by automation and artificial intelligence (AI) solutions
Using such technologies to "build, design, operate and maintain" or in other words transform the world's manufacturing, infrastructural and industrial complex in tandem with consumer habits will bring efficiency savings and emissions reductions across the value chain, Herweck added.
"We're talking of everything ranging from smart-homes to smart-factories - a rethink involving AI powered systems deployed to make electricity grids more resilient and our home energy management more efficient."
Earlier in the day, the
The company's core product pitch revolves around its "plug-and-play, open, interoperable" EcoStruxure architecture and platform capable of harnessing the internet of things, cloud computing, analytics, advanced monitoring and cybersecurity for an entity's entire energy ecosystem.
Herweck said his company's ultimate goal is to bring its technologies to bear in homes, buildings, data centers, infrastructure and industries.
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