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Stock impact report

Schneider Electric’s new research forecasts AI’s impact on energy consumption

SCHNEIDER ELEC UNSP/ADR (SBGSY) 
Company Research Source: GlobeNewswire
Rueil-Malmaison, France, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Schneider Electric, the leader in the digital transformation of energy management and automation, today released two reports from its Sustainability Research Institute (SRI). These reports fill key knowledge gaps regarding AI’s impact on sustainability, particularly in energy use. The first research, Artificial Intelligence and Electricity: A System Dynamics Approach, examines four possible scenarios for AI's electricity consumption over the next decade. Considering the growing concern around AI’s energy consumption, Rémi Paccou, Director of Schneider Electric’s Sustainability Research Institute, and Prof. Fons Wijnhoven, Associate Professor at the University of Twente (Netherlands), have built a system dynamics model that forecasts diverse scenarios for AI electricity demand, highlighting the path forward for sustainable AI development strategies and policies to mitigate environmental impacts. The authors construct fo Show less Read more
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