Understanding industrial modernisation

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“Modernisation for industry—not only does it bring along all the benefits for reduction in carbon, meeting environmental goals, it also brings along a slew of benefits from a technological perspective, and thus from a business perspective.”

The decision to electrify your processes now goes beyond the climate benefits it brings. It has now become a strategic business decision with financial advantages as well, particularly for energy-intensive sectors.

Beyond securing cost-effective electricity, electrification also provides a crucial shield against unpredictable price fluctuations and supply chain disruptions. This stability allows businesses to operate with greater confidence and predictability, fostering long-term growth and resilience.

“If you wanted to build out this year, can you get solar panels? By and large, the answer will be [that] you're likely able to get solar panels. Can you get a turbine this year? The answer to that is no, you cannot get a turbine this year. Can you get it in the next five years? By and large, what we hear, the answer to that is no as well.”

This week on the Energy Enablers podcast, David sits down with Thomas Kwan, global vice president for strategic innovation and industrial ecosystems at Schneider Electric. Their discussion explores how industrial modernisation almost automatically brings decarbonisation, highlighting how these two concepts are intrinsically linked.

They also emphasise the vital role of behind-the-meter assets in supporting the electrified infrastructure of industrial processes—key to ensuring a robust and efficient energy system.

“As we think about the energy infrastructure of the future, our grid is not going to look like the grid of the past. There will be more of a bi-directional relationship, not just of the electrons, but of the stakeholders involved.”

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