* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, July 19, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Theater at Santa Fe’s San Isidro Plaza will be converted into IMAX, family entertainment venue – Santa Fe New Mexican

    Santa Fe’s San Isidro Plaza Theater Transforms into Exciting IMAX Family Entertainment Venue

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    Rough times for broadcast networks illustrate changing media landscape – New Haven Register

    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    A major AI training data set contains millions of examples of personal data – MIT Technology Review

    A major AI training data set contains millions of examples of personal data – MIT Technology Review

    Simpson College to purchase medical simulation technology with grant funds – Iowa Capital Dispatch

    Simpson College to purchase medical simulation technology with grant funds – Iowa Capital Dispatch

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

    Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Theater at Santa Fe’s San Isidro Plaza will be converted into IMAX, family entertainment venue – Santa Fe New Mexican

    Santa Fe’s San Isidro Plaza Theater Transforms into Exciting IMAX Family Entertainment Venue

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    Rough times for broadcast networks illustrate changing media landscape – New Haven Register

    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    A major AI training data set contains millions of examples of personal data – MIT Technology Review

    A major AI training data set contains millions of examples of personal data – MIT Technology Review

    Simpson College to purchase medical simulation technology with grant funds – Iowa Capital Dispatch

    Simpson College to purchase medical simulation technology with grant funds – Iowa Capital Dispatch

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    Victorville’s new gunfire-detecting technology already making strides, city says – NBC Los Angeles

    Victorville’s New Gunfire-Detecting Technology Is Already Making a Difference, City Officials Say

    Guest columnist: China cutting corners on technology – The State Journal

    China’s Rapid Tech Advances Spark Worries About Cutting Corners

    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

How AI Can Help Cut Energy Costs While Meeting Ambitious ESG Goals

September 18, 2023
in Business
How AI Can Help Cut Energy Costs While Meeting Ambitious ESG Goals
Share on FacebookShare on Twitter

Rising and volatile energy prices, fueled in part by geopolitical conflicts, are putting business leaders under urgent pressure to cut costs. Energy is eating up an increasing share of corporate budgets, leaving less funding for innovation and growth.

At the same time, consumers, investors, and regulators increasingly expect companies to embrace environmental, social, and governance (ESG) principles and speed up with factual decarbonization. In most industries, thriving in the long term requires urgent progress on ESG. Many enterprises have set ambitious goals for reducing their carbon footprints but are struggling to achieve them.

Artificial intelligence (AI) is changing that today, helping companies optimize energy consumption, deploy renewable energy sources, and manage infrastructure for EVs. With the proper AI technology and energy expertise, any organization with sufficient digitization experience and infrastructure can tap the potential of AI to reduce operating costs while moving the needle on sustainability.

“If we want to ‘decarbonate’ the planet, we need industries to electrify much more, to be more efficient, to use less energy, and to create less waste,” says Philippe Rambach, SVP and Chief Artificial Intelligence Officer of Schneider Electric. “That requires a combination of digitization and AI to optimize our processes.”

The Power of AI

Addressing the twin challenges of energy and sustainability can be challenging: companies need to integrate renewable energy efficiently while ensuring reliable power, but renewable energy sources produce an inconsistent supply that changes with shifting environmental conditions. Such measures as introducing a fleet of EVs requires businesses to manage demand, expand grid capacity, and install charging infrastructure while accounting for energy costs and grid stability.

AI is critical for addressing these obstacles at scale, drawing on massive volumes of data—more than humans could reasonably process—to reveal patterns of energy use and areas of inefficiency. Using AI can help companies incorporate renewable power sources, manage better decisions about EV charging infrastructure, and reach their sustainability objectives, all while cutting energy costs.

As more companies become “prosumers”—both consuming and producing energy—the combination of Big Data and AI can help them use energy efficiently and pivot in real time.

AI and the Future of Energy Management

Despite the best intentions, 85% of AI projects are projected to fail. Successful AI implementation requires organizations to use custom-made solutions that integrate seamlessly into existing operations and processes. And beyond technology, these organizations also need external domain expertise on AI, energy management, and industrial automation from a partner with extensive experience.

Innovations in three cases illustrate the potential of AI to help organizations curb energy use and promote sustainability.

1. A Carbon-Neutral Distribution Center

The 40-year-old supermarket chain Lidl operates approximately 12,000 grocery stores and more than 200 distribution centers in 31 countries.

The company opened a distribution center with Finland’s largest industrial microgrid, hosting 1,600 solar panels and a battery storage system that lightens the load on the national power grid. Its advanced heating and cooling system stores excess heat to reuse in cold weather and provides hot water to around 500 households.

Using AI-enabled forecasts and optimization, the center operates on 100% renewable energy and has reduced its energy costs by 70%.

2. Energy Management for a Fleet of EVs

Schneider Electric manages a large fleet of electric vehicles (EVs) at its headquarters outside Paris. The sheer scale of this fleet could disrupt the smooth operation of the building if all the EVs were charged at the same time.

To address this issue, the company uses an energy-management solution that monitors such critical factors as power availability, weather conditions, and energy sources to prevent power surges during charging peaks and to generate, distribute, and manage power from multiple sources.

At the heart of this approach is the Edge Control component, which optimizes the distribution of power to EVs in real time and maintains a balance between charging needs and available power, using cloud-based AI-driven analytics.

By accounting for such variables as power demand and weather conditions, the analytics ensures optimal power distribution to the building from various energy sources in a microgrid. The result is significant building power efficiency and a marked reduction in carbon footprint.

3. Transforming a Factory in Northern France

Renault Group, the French car manufacturer, set the ambitious goal of achieving a negative carbon balance at its plant in Flins, France, by 2030. To do so, the automaker installed environmentally friendly switchgear and smart sensors that enabled forecasting and remote monitoring of equipment and outages. As a result, the factory has reduced costs and made advances on its sustainability objectives.

Enabling Sustainability and Innovation

The transition to renewable energy cannot happen without AI. But every organization has its own needs and objectives, and implementing the latest off-the-shelf AI technology may not be enough to achieve them.

Schneider Electric’s Rambach says, “Small additional investments in AI solutions in energy optimization and industrial automation can unlock the value of the large investments companies have already made in the cloud and in data gathering.”

Implementing AI can help companies slash energy spending and operate sustainably. Tackling these complex challenges by combining AI with human expertise can have an impact far beyond the organizations leading these efforts.

Discover AI solutions with Schneider Electric.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Harvard Business – https://hbr.org/sponsored/2023/09/how-ai-can-help-cut-energy-costs-while-meeting-ambitious-esg-goals

Tags: businesscostsenergy
Previous Post

GBP/JPY flat-lines around 183.00; awaits BoE, BoJ policy meetings later this week

Next Post

The Biden administration takes on the US drugs industry

A major AI training data set contains millions of examples of personal data – MIT Technology Review

A major AI training data set contains millions of examples of personal data – MIT Technology Review

July 18, 2025
Dave Portnoy unites FOX Sports and Barstool with new football, basketball coverage deal – Fox News

Dave Portnoy unites FOX Sports and Barstool with new football, basketball coverage deal – Fox News

July 18, 2025
To see and not be seen: Carangids hide behind sharks to prey on fish – Cattano – 2025 – Ecology – ESA Journals

Mastering the Art of Stealth: How Carangids Turn Sharks into Living Shields to Outsmart Their Prey

July 18, 2025
Science labs move ‘a hammer blow’, says MP – Yahoo

Science labs move ‘a hammer blow’, says MP – Yahoo

July 18, 2025
American science to soon face its largest brain drain in history – Big Think

America’s Science Community Confronts Its Biggest Brain Drain in History

July 18, 2025
Longhorns Daily News: Austin’s fast-paced lifestyle helped inspire former Texas WR Brenen Thompson to transfer to new school – Burnt Orange Nation

Longhorns Daily News: Austin’s fast-paced lifestyle helped inspire former Texas WR Brenen Thompson to transfer to new school – Burnt Orange Nation

July 18, 2025
China’s path to world dominance is being laid by President Trump’s policies, including in Alaska – Alaska Beacon

China’s path to world dominance is being laid by President Trump’s policies, including in Alaska – Alaska Beacon

July 18, 2025
Wall Street’s Big 7 Are Now Bigger Than China’s Entire Economy – MSN

Wall Street’s 7 Biggest Titans Now Outpace the Entire Chinese Economy

July 18, 2025
Bad Bunny, Travis Scott, Saweetie, and All the Songs You Need to Know This Week – Yahoo

Bad Bunny, Travis Scott, Saweetie, and This Week’s Must-Listen Hits

July 18, 2025
‘I just couldn’t stop crying’: How prison affects Black men’s mental health long after they’ve been released – The Conversation

I Just Couldn’t Stop Crying’: The Deep and Lasting Impact of Prison on Black Men’s Mental Health

July 18, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (727)
  • Economy (750)
  • Entertainment (21,635)
  • General (15,970)
  • Health (9,788)
  • Lifestyle (758)
  • News (22,149)
  • People (752)
  • Politics (760)
  • Science (15,967)
  • Sports (21,248)
  • Technology (15,733)
  • World (734)

Recent News

A major AI training data set contains millions of examples of personal data – MIT Technology Review

A major AI training data set contains millions of examples of personal data – MIT Technology Review

July 18, 2025
Dave Portnoy unites FOX Sports and Barstool with new football, basketball coverage deal – Fox News

Dave Portnoy unites FOX Sports and Barstool with new football, basketball coverage deal – Fox News

July 18, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version