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BP and Schneider Electric collaborate on low carbon energy solutions

BP and Schneider Electric have signed a memorandum of understanding (MoU) to help decarbonise high-emission customers, in Australia, the European Union, the UK and the US.

Under the terms of the MoU, BP and Schneider Electric intend to combine skills and capabilities to define and scale integrated energy solutions for cities and commercial and industrial customers in hard to abate sectors, such as high emission transportation and heavy industry.

Together, BP and Schneider Electric’s anticipate that their complementary skills in consulting, designing, building, and operating decarbonised energy systems will help companies to achieve their decarbonisation targets. In addition, BP and Schneider Electric  intend to explore business models to enable customers to lessen the complexity, risk and capital investment of decarbonisation by operating such energy systems as a service.

William Lin, executive vice president for regions, cities and solutions at BP, said: “Schneider Electric’s expertise is complementary to ours, opening up more opportunities for us to jointly help energy systems decarbonise. Combining BP’s energy supply capabilities with Schneider Electric’s microgrid and energy management technologies means that together we can offer clean, efficient and resilient solutions to better meet our customers’ needs.”

Barbara Frei, executive vice president for industrial automation at Schneider Electric, added: “Many of our customers are looking for innovation and expertise to help decarbonise their energy supply and demand systems. With BP, we’re committed to advancing technology solutions and addressing key markets together to help these customers reach net-zero faster.”

Schneider Electric will provide decarbonisation expertise and electricity 4.0 technologies to help design and operate critical or energy-intensive power systems. Schneider’s microgrid platform can integrate on-site renewable power, reliable backup systems including battery storage, electric vehicle infrastructure, and associated energy retail services.

BP brings together technologies and businesses including solar, wind, hydrogen, biofuels and electric vehicle charging, to provide innovative, integrated ‎and decarbonised energy solutions at scale to help cities and large corporates reduce their carbon emissions.

 

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