Africa Energy Forum 2013 opens today at the Barcelona International Convention Centre (CCIB), Spain.
Schneider Electric SA (Euronext: SU) ,
a Global Fortune 500 company and market leader in the field of energy
management, is pledging for smarter energy in Africa, at the Africa
Energy Forum 2013, which opens today at the Barcelona International
Convention Centre (CCIB), Spain.
The Africa Energy Forum (AEF)
is the annual meeting place where global players from the energy
industry meet with African governments, utilities and regulators to
engage in dialogue aimed at collectively driving forward the development
of Africa’s power sector.
According
to UN HABITAT, the African urban population will grow to one billion by
2040 and to 1.23 billion by 2050, at which point 60 per cent of all
Africans will be living in cities. As African growth will be driven
mainly by existing and new cities, electricity will be a key factor to
sustain urbanization and growth on the continent.
"The
challenge is not only to produce more electricity but to produce
intelligent energy in order to enable smart growth in Africa. Schneider
Electric's solutions aim at increasing the electricity available in
Africa with limited investments," Mohammed Saad, President Africa,
Schneider Electric.
With its Smart Cities solution ,
Schneider Electric unites the technologies required to improve the
efficiency of urban systems and deliver "urban efficiency".
"By
modernizing the existing grid, developing renewable energy, exploiting
the huge solar potential Africa receives every day, and helping
companies, industries and public authorities to be more energy
efficient, Smart Cities approach delivers the short-term, visible, measurable, low-investment results that cities need," added Saad.
The Smart Cities
solution allows up to 30% energy savings, 15% reduction of water
losses, 20% reduction of travel time and traffic delays, as well as
tremendous social and economic benefits.
"As
a market leader in the fields of energy management and renewable
energies, Schneider Electric is the only company able to provide a
comprehensive solution allowing the production of intelligent energy
that enables smart growth in Africa," comments Jean-Marc Darboux,
President Schneider Electric International.
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