Accenture’s Post

How do we accelerate industrial decarbonization? I discussed this recently with Emily Shults, SVP and Chief Business Officer, Low Carbon Solutions, Sempra Infrastructure, on the Accenture Built for Change podcast. If you’re an executive concerned by the complex challenge of industrial decarbonization, please do listen in.

#Decarbonization is being redefined! 🌱 Explore the latest research about how heavy industries can affordably reach #netzero targets without compromising business processes in our #BuiltForChange podcast

A rapid, affordable approach to decarbonization is possible—and it doesn’t have to be a trade-off for growth. Episode 39 of #BuiltForChange discusses our recent decarbonization research, the biggest challenges facing industries and why the next three years are critical. Tune in now: https://accntu.re/3xU0mCo [Video description: Clouds in the sky slowly move while text animates that reads: Net-zero success is found at the intersection of industries. Side-by-side videos appear; on the left is a product-line conveyer belt and on the right is an overhead view of the ocean. Text animates that explains: Light industries need to attract customers to green products. Side-by-side videos appear; on the left is a cargo ship with shipping containers and on the right is snowy mountain tops. Text animates that explains: Heavy industries need the demand for green materials to produce those products. Side-by-side videos appear; on the left is a wind turbine farm and on the left is a stream in a forest. Text animates that explains: Power providers must deliver affordable, low-carbon power at scale. The product-line, cargo ship, and wind turbine videos reappear side-by-side as text animates below that explains: The next three years will define heavy industry’s long-term future and determine net-zero success for all. A blank frame appears with text that reads: Learn more about advancing your net-zero transition on our latest episode. Listen now. The Built for Change and Accenture logos appear.]

The Energy Sector And AI: Unplugging The Interconnection Queue Backlog 🌞 Unplugging the Future: AI's Role in Powering Up Renewable Energy 🌱 In an era where the demand for renewable energy is sky-high, a staggering 947 gigawatts of solar power are caught in the interconnection queue, awaiting approval to light up over 900 million homes across the US. But there's a beacon of hope – Artificial Intelligence. #RenewableEnergy #AIForGood President Biden's latest Executive Order on Artificial Intelligence is not just a directive; it's a clarion call for innovation. It positions AI as a critical tool in enhancing our electric grid and optimizing power delivery, aiming to bridge the gap between green innovation and regulatory processes. 🚀 The backlog in the interconnection queue is more than a mere inconvenience; it's an existential threat to our climate goals. With only 21% of projects making it through the queue, we're at risk of falling short of COP28's ambitious yet crucial target to limit global warming. But here's where AI steps in - from streamlining regulatory tasks to predictive maintenance and optimizing energy distribution, AI can accelerate our transition to renewable energy, making the grid more efficient and resilient. 🌍💡 As business leaders, we're not just spectators; we're catalysts for change. It's time to advocate for AI integration in energy processes, pushing for a future where sustainable power is not just imagined but realized. Let's champion AI for a greener, more sustainable world. 🌟 #EnergySector #SustainablePower #AIInnovation #ClimateAction https://vist.ly/37j9v

The Energy Sector And AI: Unplugging The Interconnection Queue Backlog 🌞 Unplugging the Future: AI's Role in Powering Up Renewable Energy 🌱 In an era where the demand for renewable energy is sky-high, a staggering 947 gigawatts of solar power are caught in the interconnection queue, awaiting approval to light up over 900 million homes across the US. But there's a beacon of hope – Artificial Intelligence. #RenewableEnergy #AIForGood President Biden's latest Executive Order on Artificial Intelligence is not just a directive; it's a clarion call for innovation. It positions AI as a critical tool in enhancing our electric grid and optimizing power delivery, aiming to bridge the gap between green innovation and regulatory processes. 🚀 The backlog in the interconnection queue is more than a mere inconvenience; it's an existential threat to our climate goals. With only 21% of projects making it through the queue, we're at risk of falling short of COP28's ambitious yet crucial target to limit global warming. But here's where AI steps in - from streamlining regulatory tasks to predictive maintenance and optimizing energy distribution, AI can accelerate our transition to renewable energy, making the grid more efficient and resilient. 🌍💡 As business leaders, we're not just spectators; we're catalysts for change. It's time to advocate for AI integration in energy processes, pushing for a future where sustainable power is not just imagined but realized. Let's champion AI for a greener, more sustainable world. 🌟 #EnergySector #SustainablePower #AIInnovation #ClimateAction https://vist.ly/37jab

💭 "We are not lacking ideas. We are lacking vision of what we want and legislative clarity to get there. And that's a big job." - CEO of ENERGYNEST, Dr. Christian Thiel 🎧 Listen to the latest episode of the Passion for Technology podcast discussing the question: "Energising a sustainable industry - efficient, renewable and self-sufficient?" You can find the episode live and available on your podcasting platform of choice! 🔴 Or directly here 👉 https://lnkd.in/eAfMxfqT A big THANK YOU 🙏 for having us and Dr. Christian Thiel together with EBV Elektronik and Andrej Orel, Stefan Kürzinger, Karl Lehnhoff, Eva von Einsiedel and the whole team behind the scenes! 📩 Drop us a message here or on [email protected] and we jointly discuss how thermal storage can support your company on the way to #netzero by storing, time-shifting and balancing high- or medium pressure steam or heat to make it available on demand, and achieving true balance needed for greener industrial processes! Shownotes: As part of the Paris Climate Agreement, Europe has committed to limiting global warming to 1.5°C, if possible. To achieve this goal, industry must also make a substantial contribution to reducing emissions. In recent years, the focus has been on improving energy efficiency: according to Eurostat, industry was able to reduce energy consumption by 12.4% between 2007 and 2021. In the meantime, however, such a high level has been reached that in many areas a further increase in energy efficiency is only possible at disproportionately high costs. Moreover, the development is also reaching physical limits. In addition, there is currently the question of the secure availability of energy. #decarbonization #energysecurity #netzero #industry #thermalstorage

It's high time we recalibrated how business leaders think and manage energy. The landscape is evolving faster than many realize, with critical shifts underway that demand our attention. The surge in AI applications and the rapid electrification of transportation are catapulting electricity demand on the grid to unprecedented levels. This surge, coupled with the urgent need for utilities (natural gas, propane, diesel, electricity, water and wastewater) to fortify their infrastructure against climate change impacts, presents a pivotal moment for innovation and action. As stewards of your business future, we must adopt a proactive mindset, reevaluate conventional energy strategies, and embrace agile solutions. You will need to chart a course toward a resilient, sustainable energy ecosystem that meets today's needs and paves the way for future generations. https://lnkd.in/gYcYcc5S #EnergyLeadership #Sustainability #Innovation #ClimateAction #ElectricGrid #AI #TransportationElectrification

"The world is in trouble" 🌍 Amer Gaffar FRSA, Director of the Manchester Fuel Cell Innovation Centre, and his passion for educating about hydrogen is infectious. Why is he so passionate? Because, as he explains below: the world is in a lot of trouble, and hydrogen can help. To find out more on why hydrogen is the fuel of the future, take a listen or watch the episode today: https://lnkd.in/dHGmTF4V

In case you missed it last Wednesday, here's a weekend gem for you! 🎙️ On the latest episode of the #ClimateConfident #Podcast, I had the privilege of discussing the future of energy grids with Sabine Erlinghagen, the global CEO of Siemens Grid Software. With the world still abuzz from the outcomes of #COP28, this conversation couldn't be more timely. 🔌 Sabine shed light on the monumental task ahead of us: doubling our grid capacity within just a decade - a challenge that is as daunting as it is necessary. We delved into how this isn't just about laying more cables; it's about smarter, data-driven grid management and innovative integration of renewables. 💡 As we look towards electrifying everything from our cars to our heating systems, the role of the grid becomes increasingly central. The episode offers a fascinating look at how we can navigate this transition, ensuring our grids are not just capable but also resilient and adaptable. 👉 If you're looking for some insightful weekend listening, give this episode a go. You'll come away with a deeper understanding of what the future holds for our energy systems and how crucial the next few years are. 🤔 As we push for a greener future, what do you think are the key challenges and opportunities that lie ahead for our energy grids? Let me know your thoughts in the comments below 👇 Listen to the full episode here: https://lnkd.in/d9kxkYkV #EnergyTransition #RenewableEnergy #SustainableFuture #GridTechnology #COP28 #Siemens #ClimateAction #Sustainability

The adoption of AI poses an interesting new global challenge. "Another study suggests electricity consumption of AI and global data centers is projected to double by 2026, potentially consuming as much energy as the entirety of the Netherlands by 2027. And in addition to energy generation growth, regional transmission capacity will need to more than double by 2035 and interregional capacity will need to grow more than five-fold. This energy demand growth is forcing tech companies to choose between advancing AI capabilities or remaining committed to their climate goals." #renewableenergy #solar #AI #sustainability #climate https://lnkd.in/edCh4BNy