The project
Enerdata was selected by Schneider Electric to provide a long-term analysis of energy consumption, both worldwide and in key countries (China, India, United States). The study aimed to inform the multinational’s long-term strategy, and its position as a think tank in the debate over the global energy transition.
Strategic stakes
To shape and operationalise its energy and climate strategy, Schneider Electric required a forecasting model capable of simulating proactive hypotheses that would lead to a net-zero emissions target by 2050, with a global temperature rise limited to 1.5°C.
The stake was threefold.
First, Schneider Electric needed perspective on its detailed vision of energy demand, with aggregated insights and a multi-energy approach to provide a larger picture of energy trends and decarbonisation levers by sector, at world and key country levels.
Second, Schneider Electric bucked the trend of most energy and climate forecasting scenarios, settling for a 2°C to 2.5°C temperature increase by 2050. To this end, the team sought highly customisable scenarios enabling the simulation of major technological and behavioural disruptions, as well as specific variables such as 3D-printer pooling or the penetration of Personal Rapid Transit (PRT).
Third, while the most ambitious scenarios typically focus on occidental countries, Schneider Electric aspired to expand both its baseline and net-zero target analyses at a global level.
“We selected Enerdata for its long-lasting experience in developing energy models for long-term scenarios. In addition, Enerdata has also a specific and internationally recognised expertise in energy demand analysis.
Enerdata's contribution was essential to the success of our project. They developed the advanced modelling tools while, at Schneider Electric, we could focus on the selection of the many assumptions to be inserted in the models.
Enerdata are easy to work with. Their teams are very professional, and their mindset is always positive.”