2020 will forever be remembered for two reasons – Covid 19 and the accelerated impact of climate change.
And, while the two trends are not directly related, there is a clear realization across the world that a more sustainable path is needed for how we live and how we power our economies. To meet this challenge, an acceleration towards greater use of low-carbon energy will be necessary.
Today, only 11% of global energy production comes from renewable energies. Which begs the question: If carbon-based energy is the prime accelerant for climate change, why is renewable energy not a larger share of global energy production? Is it because it’s more expensive? Not likely! In fact, renewable energy is 34% more affordable to produce than carbon-based energy.
But, the generation, delivery and financial settlement of energy services to end customers is an enormously complex exercise. Facility executives and managers around the world say that it is practically impossible to understand the trade-offs associated with energy costs versus its associated carbon intensity. To balance the goals of cost minimization and carbon reduction targets, it’s imperative to have real-time data to support energy/carbon impact decisions.
To support these decisions, you must have a real-time view of costs and carbon intensity for all available energy resources across the grid and onsite at generation plants. This capability is only possible with the unique combination of IoT and cloud integration capabilities to not only capture all internal/external data, but also present the data to the right decision makers in a timely manner so that they can act on it.
That is the purpose of the Smart Energy management demo. This demo shows how you can integrate all data to enable real-time decisions – with full accountability of unit costs and green sustainability goals.
If you are interested in learning how you:
- Can make informed energy decisions relative to costs and carbon mitigation goals.
- Can identify at any given time the most cost-effective energy source to power your manufacturing lines – whether it is grid power or your onsite energy resources.
- Utilize management dashboards that clearly articulate how you are performing against your annual goals – energy production costs and carbon intensity
Then get started immediately with a free trial of Software AG’s Cumulocity IoT by clicking below.