Empowering the Global South: Schneider Electric Discusses the Future of Energy and Growth

This episode was produced by The National in partnership with Schneider Electric. In the inaugural instalment of a special three-part Business Extra series, host Khaled Abuljebain sits down with Manish Pant, executive vice president for international operations at Schneider Electric, ahead of the Innovation Summit Middle East and Africa.

As populations grow, cities expand, and demand for electricity rises, nations across the Global South face the critical challenge of constructing robust energy systems to power their next phase of economic growth. Mr Pant highlights how this challenge simultaneously offers a unique opportunity. Unburdened by ageing legacy infrastructure, emerging economies have the chance to leapfrog straight to digital technology, intelligent grids, and cleaner energy sources.

The discussion delves into the meaning of energy resilience in an increasingly electrified world, demonstrating how digitalisation transforms electricity to be more visible, controllable, and efficient. Additionally, Mr Pant examines the impact of AI, detailing how the technology optimizes energy consumption as surging computing demands strain existing power networks.

Highlighting real-world applications, the episode showcases Schneider Electric initiatives in Egypt and Senegal. It also addresses the vital role of consumers in driving energy efficiency and emphasizes the necessity of tailoring globally developed technology to meet the unique conditions of local markets.