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|Companies like Schneider Electric realise that all enterprises require efficient energy manangement systems|
By 2030, Vietnam is predicted to become one of the most dynamic economies in the world. At that time, 40 per cent of Vietnam’s GDP will come from industry and more than 50 million Vietnamese will use smartphones and 5G. The world is changing fast but Vietnam is even faster.
The country’s development has led to an increase in energy demand for all business activities. Vietnam needs 150,000MW of electricity and most of its supply must come from renewable energy of solar and wind. According to scientific reports, by 2035, the rate of electricity use in Vietnam’s energy market is expected to increase by 60 per cent. Although the growth index is rising fast, statistical results show that energy efficiency in Vietnam is still slow compared to other countries in the region and further afield.
Nowadays, Vietnam aims to develop its economy following the trend of Industry 4.0, which indicates that electricity usage will continue to expand. However, the power supply is not enough to meet the current high demand, although actual electricity production has increased by more than 10.7 per cent compared to 2018.
This fact has been proven as a challenge for all companies at any scale in Vietnam. All enterprises need an efficient energy management system. And along with Vietnam, many other developing countries worldwide also face this hurdle.
In addition, the power industry is also suffering a series of challenges from increasingly stricter regulations and more sustainable development goals. At the same time, safety, reliability, and flexibility standards must be enhanced as well.
To solve this set of problems, companies need to have a step-by-step digital transformation to optimise business models, reduce energy use, and cut down on the carbon emissions into the environment.
Luc Remont, executive vice president of International Operations at Schneider Electric, who recently visited Vietnam, said, “The big transformation is led essentially by the fact that there is big growth in need for energy, plus high population growth and industrialisation. We are in a fast-changing world in the energy generation landscape, with much more renewable energy. It is widely distributed, which helps to balance the supply and demand of energy. Also, we need digitalisation to connect users and their needs in real-time.”
When technology becomes a critical part of a business model, increasing productivity, cost-saving, and becoming environmentally friendly are completely achievable. As an inevitable trend, energy management and automation are the keys to success in this transition. Digital technology has been creating new business models, enhancing the customer experience and future development in all areas.
Schneider Electric, a leader in the digital transformation of energy management and automation, understands that digitalisation is the present and energy is the future, and is ready for sustainable development with its key solution, called EcoStruxure.
EcoStruxure helps companies to promote efficiency, and increase flexibility and reliability in their production and business systems. Each new product or solution at Schneider Electric is connected to the EcoStruxure system, making it effortless to manage and upgrade. This contributes to creating an integrated, supportive ecosystem and thereby creating a sustainable energy future.
“Sustainable energy for Schneider Electric is absolutely core to our technology,” Remont explained. “There are many different dimensions when it comes to sustainability but the thing we want to aim for is energy efficiency, ensuring production effectiveness, consistent operation and protection for people from dangerous incidents. We are also working on solutions that produce less CO2 into the environment but are twice as efficient. That is the challenge we are taking.”
Remont added that anticipation is an important part of sustainability which helps quickly prevent an issue and come up with a solution. “One of the latest solutions that Schneider Electric holds is the new circuit breaker, which relies on digital technology to foresee problems and avoid them as soon as they arise,” he said.
|Schneider Electric is pushing ahead in digital transformation with the Masterpact MTZ|
A new launch
Schneider Electric has operated in Vietnam for the past 25 years with the consistent motto of “Life is ON”. In the future, the brand will continue to be a pioneer in digital transformation, with the most recent demonstration being the launch of its next generation of low voltage power circuit breaker, the Masterpact MTZ.
The Masterpact MTZ circuit breaker takes the lead in power system uptime and energy efficiency with its onboard ethernet communications and Class 1 active power metering accuracy built into every circuit breaker.
The Masterpact MTZ also allows remote control via bluetooth, ready to connect anytime, anywhere, helping maintenance staff stay away from the arc flash area while operating the device. With the advent of digital modules, the circuit breaker is specially designed for application and customisation purposes at any time without power loss.
From installation to operation, maintenance, and upgrading, Masterpact MTZ helps ensure the safety and control of circuits for major power distribution to a new level. At the same time, the product is also easily upgraded through digitalised methods to achieve the highest efficiency in the management and operation of facilities and buildings, ensuring the goals of performance, safety, reliability, and equipment preservation.
No matter the scale of the business, MTZ is always connected to the same system to form a compatible network across many different environments. This launch is also affirmation for the vision and pioneering position of Schneider Electric.
Su Ngoc Danh, vice president of Schneider Electric Vietnam said, “We are redefining the power distribution industry in the new era, the era of electricity, and our Masterpact MTZ is an excellent example of this.”