Electrification, digitalisation and sustainability are driving both energy management business opportunities and the shift to a new energy landscape, according to energy management and automation technology firm Schneider Electric.
The company sees high growth opportunities in energy management technology as it can help reduce costs for organisations and increase operating efficiency, said Stephane Nuss, Schneider Electric’s cluster president for Thailand, Myanmar and Laos.
Electrification is the process of replacing technologies that use fossil fuels such as coal, oil or natural gas with technologies that use electricity as the energy source.
Mega-project investments in the Eastern Economic Corridor, trends regarding renewable energy and the bio-, circular and green economic model, as well as investments by global tech firms in data centres are driving the…
