Zhang Jiahong, deputy general manager of sustainability and climate change services of PwC Zicheng United Accounting Firm, quoted by the International Energy Agency (IEA) report, pointed out that up to 40% of the world's carbon emissions come from industry and 30% from buildings, and the two together account for 70% of the total carbon emissions. Therefore, in the pursuit of zero carbon emissions, world organizations, governments and industries regard industrial energy conservation and building energy management as the most critical areas, and actively plan relevant policies and measures.
Technology empowerment strengthens the implementation of energy conservation and carbon reduction
There are many ways to achieve energy conservation and carbon reduction, and technology is undoubtedly the most important weapon. Jichao Liang, Director of Advantech's Smart Energy Division, mentioned that China is vigorously advocating the large-scale application of new information processing technologies in energy management scenarios. For example, algorithms and artificial intelligence technology are used to analyze energy use data to find out how to save energy smartly. Or, retrofit energy-intensive facilities to significantly increase their energy conversion rates.
The application of science and technology to energy conservation must be viewed from two aspects: the energy supply side and the use demand side. Zhang Jiahong pointed out that the focus of energy conservation development on the supply side includes: rapid expansion of new energy investment, grid-connected dispatch management, from centralized systems to microgrids, etc., especially with the increasing use of renewable energy, including energy storage systems, smart grids, smart meters and other solutions The importance is increasing day by day, so the industrial chain manufacturers related to energy conservation are actively investing resources to develop new technologies and new products.
As for the demand side, we will develop a variety of energy-saving solutions for the two major power consumption scenarios of buildings and industry. Liang Jichao believes that the era of smart grid is coming, and in the future, whether it is industrial or building electricity, it must move towards digital transformation, so that the industry can quickly follow the changes in laws and regulations around the world, or more diversified charging standards for power plants, and establish the best electricity standards and models.
Taking industry as an example, Advantech's WISE-AII Associate Lin Shizhang mentioned that the European Commission (EU) proposed the world's first "Carbon Border Adjustment Mechanism" (CBAM) in 2021, which regulates that carbon-intensive products must be purchased if they are imported into the EU. In order for these products to be sold in the EU, they need to declare the carbon emissions of the imported products to the importing country. This measure means that the pace of industrial carbon reduction must be accelerated.
Advantech's iEMS is widely deployed around the world
Technology can create benefits for energy conservation and carbon reduction, and major technology companies around the world are accelerating the pace of developing new technologies and solutions, among which the energy management system (EMS) is the most eye-catching. According to a report by market research agency Fortune Business Insights, the global EMS market size is expected to grow from $27.31 billion in 2022 to $60.54 billion in 2029, with a compound annual growth rate of 12.0%. Gartner's report also shows that the market for energy management systems is expanding rapidly.
In view of the urgent need for EMS, Advantech, as an important promoter of AIoT and the mission of sustainable planet, has launched the Smart Energy Management System (iEMS), which has been widely deployed in various fields, including commercial buildings, large manufacturing plants, hospitals, schools, retail and restaurant chains, etc., to contribute to the energy conservation and carbon reduction of the earth.
Advantech's iEMS collects energy usage data from multiple facilities, environments, and other facilities, and then monitors and analyzes it in real time to achieve effective energy management and avoid energy waste. Based on Advantech's customers' experience, iEMS can help reduce energy consumption by at least 15%-25% in the installed field, making it an indispensable smart solution for optimizing energy management in factories and building facilities.
Connecting ecosystem partners to create a zero-carbon planet
Since smart energy conservation can cover a wide range of areas, the entire industry must form a complete ecosystem, and only by working closely with upstream and downstream can we achieve carbon reduction goals. Liang Jichao said that especially in recent years, the operation and regulatory environment of the energy ecosystem has changed rapidly, with new suppliers, new delivery methods, new ways of obtaining energy, and new relationships between producers and consumers, which have made the entire ecosystem more complex, covering many roles, including: energy-saving equipment vendors, solution providers, control equipment suppliers, system integrators, system operation and maintenance providers, public cloud solution operators, and end-demand users.
In the complex smart energy management ecosystem, Zhang Jiahong believes that system integrators, control equipment suppliers, and smart sensor practitioners are the three core roles, and they must work together to accelerate the deployment of smart energy-saving systems for the field. This is why Advantech actively connects all roles with a co-creation mindset, and Advantech believes that co-creation will be of great help in achieving smart energy saving goals.
Liang Jichao emphasized that Advantech, as a major IoT manufacturer, has accumulated decades of R&D and manufacturing experience in industrial-grade servers and edge computing solutions, and has launched industrial IoT platforms and various energy-saving solutions in the past five years, which have the advantages of both software, hardware and system platforms, which are the reasons why Advantech can work with various types of partners such as DFSI and sensor equipment manufacturers to provide industries with complete system architecture and solutions from end, edge to cloud through mutual cooperation to meet the various needs of various industries in smart energy saving.
Lin then pointed out that Advantech has built a sustainable ecosystem for the manufacturing industry through the IIoT platform, and leveraged the data lake on the platform to empower co-creation partners to accelerate the development of more smart energy management solutions, so that the manufacturing industry can easily introduce energy-saving systems from scratch, and then add more applications according to demand elasticity, so as to continuously optimize the energy management mechanism and benefits of the factory.
Advantech is committed to working with all partners to broaden the path of sustainability for the planet based on smart technology.
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