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Schneider Electric Expands Grids of the Future Portfolio with Stepwise Journeys for Digital Transformation

Schneider Electric, the leader in the digital transformation of energy management and automation, announced the next phase in its Grids of the Future offerings at DISTRIBUTECH International 2023, the leading annual transmission and distribution event for utilities, technology providers, and industry leaders.

North American utilities are facing significant disruption with a climate emergency, talent scarcity and energy crisis, further exacerbated by prosumer revolutions on the demand side. To provide guidance through this unprecedented change, Schneider Electric has expanded its Grid to Prosumer portfolio to help customers and utilities transform and digitalize their business across the energy value chain.

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“Rather than a barrier, this inevitable new energy landscape presents an opportunity for utilities to transform their businesses by reimagining their existing business models, capturing infrastructure Investment and Jobs Act (IIJA) funding, and digitalizing the demand and supply sides,” said Gary Lawrence, Power and Grid Segment President at Schneider Electric. “We are proud to have a robust and continuously evolving portfolio to serve as a trusted partner in the journey toward Grids of the Future.”

Delivering the Broadest Spectrum of Solutions to Manage the Lifecycle of the Grid

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Stepwise journeys for digital transformation: As utilities face complex grid, power generation, and energy transition challenges, rapid innovation with agile deployments helps utilities achieve near-term benefits while laying a foundation for bold long-term visions. Adopting a stepwise approach allows utilities to start small and scale over time by initially focusing on the most pressing customer needs and grid locations versus deploying solutions systemwide all at once. The Grid to Prosumer approach addresses distributed energy resource (DER) management needs across enterprise technology and business processes. An example stepwise journey for DER management starts with modeling and simulation, then incrementally advances to situational awareness, simplified optimization, advanced optimization and market integration.

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First-of-its-kind home energy management solution: Schneider Electric has made additional investments in Grid to Prosumer with extended offerings that now include home energy management. Award winning Schneider Home provides homeowners with energy independence through an integrated home energy management solution – controlled by a single, easy-to-use app – that automates energy production, storage, measurement and control, making homes efficient, resilient and sustainable. With a multi-faceted approach guided by a foundation of digital transformation, utilities can integrate with Schneider Home to maximize grid flexibility, respond to changing prosumer priorities and optimize across market needs.

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