Pillay: Smart grid leverages analytics to manage power, assets

In a recent interview with CNBC Africa, the President of Anglophone Africa Cluster at Schneider Electric, Devan Pillay, emphasized the company's commitment to the digital transition and the role of smart grid solutions in optimizing grid operations and assets. Pillay expressed optimism about the participation of youth in the digital revolution and highlighted the importance of leveraging capabilities in local markets. With a global workforce of 150,000 employees, Schneider Electric aims to tap into the talent pool in regions like West Africa to drive collaboration and innovation. Pillay underscored the significance of developing the next generation of talent equipped with digital skills. He emphasized the company's focus on creating a progressive workplace environment that fosters collaboration and inclusivity, catering to the preferences of the younger workforce. Schneider Electric views the digital acumen of the youth as a valuable asset that can fuel the ongoing digital transformation both within the company and in the market. Furthermore, Pillay delved into Schneider Electric's efforts in the area of energy access, particularly in the context of Africa's evolving energy sector. He highlighted the need to address the energy deficit by focusing on demand-side management and enhancing efficiency. By incorporating smart grid technologies and alternative energy sources like solar PV systems and batteries, Schneider Electric aims to optimize energy distribution and consumption patterns. The deployment of advanced analytics and artificial intelligence in smart grids enables efficient management of diverse energy sources, balancing supply and demand effectively. The implementation of smart grid solutions not only enhances the resilience and reliability of the energy network but also offers cost-effective energy options for consumers. By leveraging predictive analytics based on weather patterns and energy forecasting, smart grids facilitate the seamless integration of distributed energy resources, ensuring optimal energy utilization and minimizing operational disruptions. Pillay emphasized the transformative potential of smart grid technologies in revolutionizing Africa's energy landscape and driving sustainable development. As Schneider Electric continues to prioritize digital innovation and sustainability, the company remains committed to fostering partnerships and empowering local talent to drive positive change in the energy sector. Pillay's insights underscore the critical role of advanced analytics and smart grid solutions in shaping the future of energy management, paving the way for a more efficient, resilient, and sustainable grid infrastructure in Africa and beyond.