It is predicted that by 2050, the global power generation will reach 47.9 trillion kilowatt-hours (an average annual growth rate of 2%). By then, renewable energy power generation will meet 80% of global electricity demand, and the proportion of electricity in the global terminal energy will be from now 20% of my country’s total energy consumption will increase to 45%, and the share of electricity in China’s total final energy use will increase from the current 21% to 47%. The key “magic weapon” for this revolutionary change is electrification.
Who will promote the expansion of the new electric world?
The power and electrical industry in the era of the Internet of Things is an open, shared, and win-win industry. Its distinctive features are a long industrial chain, multiple business links, and strong regional attributes. It involves data collection and intelligent hardware, engineering transformation, operation and maintenance software platforms, Inspection and repair, energy efficiency management and many other fields. Therefore, in this whole-society electrical digital transformation, it is not just a change in a certain link that occurs, but a process of full-link digitalization. Only by converging the power of ecology and jointly building the same transformation goal, helping each company clarify the needs, significance and value of its digital transformation, can the industry move towards a more efficient and sustainable future.
Recently, Faith Electric, an expert on digital transformation in the field of global energy management and automation, held the 2020 Innovation Summit in Beijing with the theme of “Winning and Digital Future”. Together with many experts and business representatives in the industry, we will focus on industry trends, innovative technologies, Industry ecology, business model, energy efficiency and sustainable development and other topics were discussed and exchanged in depth. At the same time, a variety of innovative digital products and solutions were released. Productivity, strengthen safety and reliability, and realize the outstanding value of sustainable development.
The senior president of Faith Electric and the person in charge of the energy efficiency management low-voltage business pointed out, “With the deepening of the energy transition, more renewable green energy and more electrical loads will bring about a significant increase in electricity consumption for electric vehicles and urbanization. Increase; coupled with more availability, more storage space/technology, energy storage technology, and more and more DC and AC hybrid systems, etc., have created a fully electrified world. Electricity is a green energy source and the most efficient In the form of energy application, Faith Electric hopes that this electrified world can become greener, lower-carbon and sustainable.
Post time: Dec-16-2021