How can AI revolutionize energy management in our homes while helping us save money and reduce environmental impact? In this episode, I speak with Michael Lotfy, EVP of Home & Distribution at Schneider Electric, to uncover how innovation is transforming the way we interact with and consume energy at home.
With buildings responsible for 37% of global CO2 emissions and homes contributing nearly 20% of that total, the need for smarter, more efficient energy solutions has never been more urgent. Michael shares how Schneider Electric is addressing this challenge with groundbreaking AI-powered features in their Wiser Home app. This technology leverages real-time weather forecasts, tariff data, and solar production capabilities to optimize energy use, reduce waste, and save homeowners hundreds of euros annually—all while keeping homes comfortable and secure.
We discuss how governments worldwide are stepping up with incentives to encourage energy-efficient technologies, including the U.S. Department of Energy's $8.4 million initiative for grid-enhancing AI innovations and subsidies offered across Europe. Michael explains how these programs are accelerating adoption and making ROI cycles more attractive for consumers.
Looking ahead, Michael paints a vision of the future where homes autonomously manage energy based on patterns, utility prices, and weather conditions. From creating virtual power plants to enabling community energy sharing, he reveals the exciting opportunities on the horizon. But with innovation comes challenges—Michael also addresses critical concerns like cybersecurity, data privacy, and the importance of combining hardware, software, and AI to create seamless, user-friendly energy solutions.
What role will AI play in shaping the future of home energy management? Can it truly alleviate the stress of rising utility costs? Join us as we explore the intersection of technology and sustainability—and let us know your thoughts on this transformative topic!
[00:00:04] How much thought do you give to the energy efficiency of your home? And did you know that buildings contribute to a staggering 37% of global CO2 emissions, and homes make up 20% of that?
[00:00:20] The way that we consume energy has never been more critical, and combine that with the stress of rising utility costs that impact 78% of Americans, and although I don't have a stat, I know it is really high here in the UK, and I've been impacted by that myself.
[00:00:36] And I think it's clear that innovation is urgently needed to address both the environmental and economic challenges that we face.
[00:00:45] And today I'm going to be joined by Michael Lotfi, Executive Vice President of Home and Distribution at Schneider Electric.
[00:00:54] And they're a company with more than a century of expertise in home electrical solutions.
[00:00:59] So I've invited Michael to join me on the podcast today, talk about how Schneider is leveraging AI to revolutionize home energy management through their Wiser Home app.
[00:01:10] But also, why this technology is not just about saving energy, it's about creating a smarter, more sustainable way of living.
[00:01:19] And I also want to explore the broader landscape of energy innovation, including the role of government incentives, the challenges of scaling AI-powered solutions, and the exciting future of autonomous energy management in our homes.
[00:01:33] So, could your home one day not only save energy, but also generate income by participating in a smarter grid?
[00:01:42] And as you listened to our interview today, think about this.
[00:01:45] How ready are you to embrace a future where your home is as intelligent as the technology inside it?
[00:01:52] So thank you for joining me on the podcast today.
[00:01:56] Can you tell everyone listening a little about who you are and what you do?
[00:02:00] My name is Michael Lotfi Gerdes.
[00:02:02] I lead Schneider Electric's home and residential business and energy distribution altogether based out of the U.S.
[00:02:10] I've been in the industry for close to 18, 19 years now, mainly around energy distribution and everything energy, from high voltage energy to low voltage energy.
[00:02:21] And in particular, I'm an enthusiast about how do we really embark successfully on this energy transformation and energy transition, moving forward to more electrifying, more digitizing, to not just help with the climate crisis and the global warming and help decarbonize the world,
[00:02:39] but how do we improve the lives of people living in homes and buildings, harnessing the power of electrification, digitization, but not only, and how do you deploy AI to amplify those use cases and make it more relevant for consumers in their daily lives?
[00:02:56] Wow.
[00:02:56] And one of the things I always try and do on the podcast every day is get people thinking differently about how technology impacts our life, our homes, our work, and even world.
[00:03:06] And you mentioned buildings there, and it's an area that we don't automatically associate with technology.
[00:03:12] And buildings account for a significant percentage of global CO2 emissions too, with homes contributing approximately 20% towards that.
[00:03:22] So I'm curious, what do you see as the most pressing challenges in reducing energy-related emissions in homes?
[00:03:30] And how are you addressing some of these issues with your work?
[00:03:34] That's a spot-on question.
[00:03:36] And it's very close and dear to my heart, because if you really think about how do we really decarbonize the world?
[00:03:42] Buildings collectively, right, whether it's a mixed-use building or just a commercial building or residential building,
[00:03:48] account for 37% of the global operational energy-related CO2 emissions, right, of which homes, like you rightly said,
[00:03:57] anywhere between 20% and 22% comes from homes.
[00:03:59] So how do you solve this?
[00:04:02] And it's our biggest challenges, you know, multiple of generations.
[00:04:07] But it's for the first time we actually have something to do about it.
[00:04:10] What is the thing is that we need to electrify more.
[00:04:12] Because if the energy is the clean or electricity is the cleanest source of energy,
[00:04:18] if it's you, especially if it's produced sustainably.
[00:04:21] So things like how do we really use technologies like solar panels, EV chargers, heat pump,
[00:04:27] how do we electrify homes altogether more and more in a more sustainable way are the cornerstone of this energy transition period.
[00:04:36] And remember, energy transition is not just about decarbonization and sustainability.
[00:04:40] It's also about putting money back in the pockets of consumers because electricity prices have been consistently increasing over the past four and five years,
[00:04:51] particularly since not just COVID started, but with the whole geopolitical situation that is happening everywhere in the world,
[00:04:57] with the oil prices fluctuating and so on and so forth.
[00:05:01] So you look at all of it collectively.
[00:05:03] So we're talking about how do we decarbonize the world?
[00:05:05] But at the same time, how do we really create an energy efficiency matrix that puts money back in the hands of consumer?
[00:05:13] And most importantly, how do you do this while improving the lives of the consumers in their own homes?
[00:05:19] And when you think about it from that perspective in Schneider Electric,
[00:05:22] that's what we have been working on for the past, I would say, 100 years or so.
[00:05:27] Because this year in particular, we're celebrating 100 years of Miniature Circuit Breaker,
[00:05:31] which is the cornerstone of electrifying homes and buildings because that little breaker sitting in the panel is the one that is responsible for the safety and reliability of the homes
[00:05:42] and how you can actually safely and efficiently distribute energy within homes and buildings.
[00:05:47] And with that comes the particular role of AI that I would like to maybe dwell deep upon today.
[00:05:53] Because, you know, for years and years, we've been bombarded by those smart home gadgets,
[00:06:00] multiplying and multiplying that is creating a broken ecosystem within the homes.
[00:06:04] Some works on Wi-Fi, some works with Zigbee, some works on this and some works with that.
[00:06:09] But ultimately, it's just the gadgets.
[00:06:11] And what AI, deploying AI, what we're working on with Schneider now,
[00:06:14] and we've launched something called Reduce My Bill via AI functionality in Europe.
[00:06:19] And what we're particularly doing is we've deployed a smart panel and smart current CT,
[00:06:26] what we call CTs, current transformers on the different circuits,
[00:06:30] understanding the behavior of your home.
[00:06:32] Where do you consume energy?
[00:06:34] When do you consume energy?
[00:06:35] What is the peak time consumption for your energy?
[00:06:39] What is the peak time for the utility?
[00:06:41] And AI really takes the smart home into a whole new level that I like to call an intelligent home
[00:06:47] that understands the pattern of your energy usage,
[00:06:50] that understands the pattern of the grid, of the utility.
[00:06:54] When is the energy costly?
[00:06:56] When is the energy not clean?
[00:06:58] When is the energy clean?
[00:06:59] If you have a consumer stack, so a battery and inverter,
[00:07:01] when do I use the battery?
[00:07:03] And helping not just solve for energy savings and energy efficiency,
[00:07:08] but also helping the utility to manage demand response across the board.
[00:07:14] So really creating this interlock of efficiency, reliability,
[00:07:18] but also sustainability and efficiency across the value chain.
[00:07:22] And that's what we've been really, really busy with in Schneider Electric for the past,
[00:07:27] I would say, two years.
[00:07:29] And there are two words I've got to repeat there,
[00:07:32] and it's value and efficiency.
[00:07:34] And I think one thing that unites both myself and you,
[00:07:37] and indeed everybody listening,
[00:07:39] is all of our families have been hit by rising energy costs,
[00:07:43] which are increasingly causing stress for so many different households around the world.
[00:07:47] So can you tell me how your,
[00:07:48] I think it's the Wiser Home app that you've created here,
[00:07:51] which is powered by AI.
[00:07:53] How is that helping homeowners manage energy loads more efficiently
[00:07:57] and ultimately helping them reduce their bills?
[00:08:01] No, another great question.
[00:08:02] And if you look at,
[00:08:04] I love just to really remind everybody listening to us,
[00:08:08] the energy crisis in particular,
[00:08:10] and not just in availability,
[00:08:11] but on pricing has been really tremendous.
[00:08:14] If you look across Europe,
[00:08:16] you had an average of 15 to 20% increases on an annual basis,
[00:08:20] and sometimes twice a year,
[00:08:22] like in the case of the UK,
[00:08:24] France and some other countries.
[00:08:26] And what our Wiser Home does,
[00:08:28] and the Schneider Home of a Road Solution really does,
[00:08:31] is I will give you a few points in particular.
[00:08:34] It personalized recommendations.
[00:08:36] How do you really drive AI insights of your energy consumption
[00:08:41] and optimize this energy usage across the home
[00:08:44] and interlock that with the utility,
[00:08:46] as I mentioned earlier,
[00:08:48] so we create a cohesive energy cycle
[00:08:50] between demand response
[00:08:52] and of course energy generation altogether.
[00:08:55] Then it also allows you,
[00:08:57] it gives you some abilities to drive predictive maintenance,
[00:09:00] understanding the behavior of the loads in your home
[00:09:03] has an incredible potential in predictive maintenance
[00:09:06] because each of those appliances and devices
[00:09:09] that you have in your home
[00:09:10] has an energy fingerprint, if you may.
[00:09:13] And understanding how they behave
[00:09:15] can help you understand
[00:09:16] that they are running through a problem
[00:09:18] and you can proactively do predictive maintenance
[00:09:21] that can fix the issue before happening.
[00:09:23] It also gives you the power of real-time monitoring.
[00:09:26] Within one of our latest surveys,
[00:09:28] we realized that just by understanding
[00:09:31] your energy consumption within your home,
[00:09:33] it can help you save anything between 7% to 15%,
[00:09:36] just knowing where you're spending your energy
[00:09:39] and at what times.
[00:09:40] So energy monitoring is a great deal.
[00:09:42] And then of course, behavioral insights.
[00:09:44] AI can provide valuable insights
[00:09:46] into occupant behavior
[00:09:47] and use insights to develop tailored strategies
[00:09:50] to minimize energy waste
[00:09:52] and maximize efficiency.
[00:09:53] And not only that, but also at what time
[00:09:56] and what energy tariff you're doing so.
[00:09:59] And that is the cohesive experience
[00:10:01] that I'm talking about.
[00:10:02] And most importantly,
[00:10:03] it can help you do a little continuous improvement.
[00:10:06] You know, my famous,
[00:10:08] I've always said that,
[00:10:09] both in our own selves
[00:10:10] and our own self-development,
[00:10:12] but also on our energy consumption,
[00:10:15] that 1% better every day.
[00:10:16] And it gets you really consistently
[00:10:18] by understanding all that I mentioned above,
[00:10:21] the ability to learn and adapt
[00:10:23] that allows the technology
[00:10:25] to grow with the consumer
[00:10:26] and their changing habits.
[00:10:28] So when you change a habit
[00:10:29] over a period of time,
[00:10:31] the system will understand
[00:10:32] and will help you refine
[00:10:33] that energy management strategy
[00:10:35] that you're running in your home
[00:10:36] to gain more and more efficiencies
[00:10:38] with those dynamic tariffs
[00:10:40] going on at the same time
[00:10:41] and also the dynamic weather patterns.
[00:10:43] Because for example,
[00:10:44] one day the sun was shining perfectly,
[00:10:46] so you produced a lot of power
[00:10:48] by your panel
[00:10:49] and you put it in the battery.
[00:10:51] The energy now pricing are very high,
[00:10:53] so you're not going to charge
[00:10:54] a car battery from the grid,
[00:10:56] you're going to charge it from the battery
[00:10:58] or vice versa
[00:10:59] and many other use cases.
[00:11:01] And in the US,
[00:11:03] the Department of Energy,
[00:11:04] I read recently,
[00:11:05] has allocated $8.4 million
[00:11:07] for grid-enhancing AI innovations.
[00:11:11] But funding remains inconsistent
[00:11:13] and even AI itself is,
[00:11:15] in many cases with like Gen AI,
[00:11:17] it's increasing demands
[00:11:19] on those electrical grids.
[00:11:21] So how are you navigating this
[00:11:23] to ensure that continued progress,
[00:11:25] continuous improvement
[00:11:26] in energy technology advancements?
[00:11:29] I would imagine it's quite a challenge.
[00:11:32] It is a challenge,
[00:11:33] but you know,
[00:11:34] I would like to give credit
[00:11:35] to governments.
[00:11:36] You know,
[00:11:37] we often criticize them a lot
[00:11:38] for not doing enough,
[00:11:39] but I think for the first time,
[00:11:41] not just in the US,
[00:11:42] but across the world,
[00:11:44] even in far countries
[00:11:46] that you think
[00:11:47] they are not thinking
[00:11:47] of sustainability,
[00:11:49] like in Saudi Arabia or UAE,
[00:11:51] they are actually embarking
[00:11:52] the whole sustainability,
[00:11:54] decarbonization,
[00:11:55] and energy efficiency
[00:11:56] to a whole new level
[00:11:57] that we have not witnessed before.
[00:11:59] And if you look at the US,
[00:12:01] to your question,
[00:12:02] I think they have allocated
[00:12:03] billions of dollars
[00:12:04] via the IRA Act
[00:12:05] and so on and so forth,
[00:12:06] the Inflation Reduction Act
[00:12:08] and it will continue,
[00:12:09] I think,
[00:12:10] as we move forward.
[00:12:11] And those are existential
[00:12:13] for the energy transition process.
[00:12:16] Why?
[00:12:16] Because it gives that extra boost
[00:12:18] to the consumers,
[00:12:19] to the developers,
[00:12:20] and even to the manufacturers
[00:12:21] and innovators like us
[00:12:23] to really step up
[00:12:24] the speed of the deployment
[00:12:26] of those energy efficient technologies
[00:12:30] and that embarks
[00:12:31] on what I call
[00:12:32] the electricity 4.0 journey,
[00:12:35] which is electrifying
[00:12:37] and digitizing
[00:12:37] for a sustainable energy transformation.
[00:12:41] And those are
[00:12:43] quite substantial amounts.
[00:12:45] Like you can see
[00:12:45] anywhere in the US,
[00:12:47] it goes from
[00:12:48] as much as 500 US dollars
[00:12:51] in tax credit
[00:12:51] all the way to 3,000
[00:12:53] and if not more
[00:12:54] in tax credit
[00:12:55] than if you buy
[00:12:55] electrical vehicles
[00:12:56] depending on the state
[00:12:57] that even multiply
[00:12:58] more and more.
[00:12:59] That does give
[00:13:00] an extra boost.
[00:13:01] It creates not just demand
[00:13:02] that helps us
[00:13:03] create and build more
[00:13:05] and innovate more
[00:13:06] to supply,
[00:13:06] but it also gives
[00:13:07] the consumer
[00:13:08] that it solves
[00:13:09] or unlocks
[00:13:10] the return on investment cycle
[00:13:13] if it's a bit too long
[00:13:14] or in some cases
[00:13:15] our consumer,
[00:13:16] we're all consumers
[00:13:18] in our own homes.
[00:13:19] It shortens
[00:13:20] that cycle
[00:13:21] of the payback.
[00:13:22] So it's existing.
[00:13:23] France did
[00:13:23] an incredible initiative
[00:13:25] by subsidizing
[00:13:26] 600 euro
[00:13:27] for every smart home system
[00:13:29] or smart home
[00:13:29] energy management system
[00:13:31] that you install,
[00:13:32] which is a lot of money
[00:13:33] considering that
[00:13:33] the investment
[00:13:34] is in a small apartment
[00:13:36] in France
[00:13:36] is quite small.
[00:13:38] Germany has been
[00:13:39] on that journey
[00:13:39] for so long.
[00:13:40] Countries like Spain
[00:13:41] and Italy as well
[00:13:42] and so on.
[00:13:43] So the momentum
[00:13:44] is there even
[00:13:45] in the UK as well
[00:13:46] and you look at
[00:13:47] countries like Saudi Arabia
[00:13:48] and the UAE
[00:13:49] were giving incentives.
[00:13:50] All the new projects
[00:13:52] like the one
[00:13:52] MyCity
[00:13:53] and so on
[00:13:53] and so forth
[00:13:54] are declared
[00:13:55] as a sustainable project
[00:13:57] with zero emissions
[00:13:58] and so on
[00:13:58] and so forth.
[00:13:59] So I think the momentum
[00:14:00] is there.
[00:14:00] It's important
[00:14:01] because it generates demand.
[00:14:03] It gives that extra boost
[00:14:04] and also shorten
[00:14:05] the payback cycle
[00:14:06] which is so important
[00:14:07] and so it creates
[00:14:08] that loop
[00:14:09] but also it has
[00:14:10] a win-win effect
[00:14:11] for the governments
[00:14:12] because the more
[00:14:13] we electrify more
[00:14:15] and the more
[00:14:15] we digitize
[00:14:16] it gives them
[00:14:17] that energy independence
[00:14:18] that all the countries
[00:14:19] around the world
[00:14:20] are looking and striving for.
[00:14:21] But some of those
[00:14:23] incentives
[00:14:23] are also working
[00:14:24] as accelerators
[00:14:25] for the innovation cycle
[00:14:27] because a lot of governments
[00:14:28] and again
[00:14:29] I will look at the US
[00:14:30] it's actually giving incentives
[00:14:31] for companies
[00:14:32] to go invest
[00:14:33] in disruptive technologies
[00:14:34] to accelerate
[00:14:36] the speed of innovation
[00:14:37] for the energy transition.
[00:14:39] We've been working
[00:14:40] for example
[00:14:41] with not just
[00:14:42] the US government
[00:14:42] but with the European Union
[00:14:44] and all those initiatives
[00:14:45] that help accelerate
[00:14:47] the energy transition
[00:14:48] and the innovation
[00:14:49] that takes the energy transition
[00:14:50] and then last
[00:14:51] but most least
[00:14:52] is lobbying
[00:14:52] and working with them
[00:14:53] closely for those tax credit
[00:14:55] that accelerates
[00:14:56] the deployment
[00:14:57] of those technologies
[00:14:58] to embark
[00:14:58] on that energy transition
[00:14:59] journey.
[00:15:01] And I think
[00:15:02] when discussing AI
[00:15:03] especially as AI
[00:15:04] emerges from the hype cycle
[00:15:06] that we've experienced
[00:15:07] over the last few years
[00:15:08] we're now starting
[00:15:09] to focus on things
[00:15:10] like ROI
[00:15:11] what value
[00:15:12] does AI deliver
[00:15:13] what problems
[00:15:14] are we really solving
[00:15:15] and I noticed
[00:15:16] that you've introduced
[00:15:16] a market first
[00:15:18] AI feature
[00:15:19] in the Wiser Home app
[00:15:21] that you have there
[00:15:21] so can you just
[00:15:22] walk me through
[00:15:23] how this technology
[00:15:24] leverages things
[00:15:25] like real time data
[00:15:27] tariffs
[00:15:28] and solar production
[00:15:29] to optimize
[00:15:30] energy consumption
[00:15:31] because it'd be great
[00:15:32] for people listening
[00:15:33] to understand
[00:15:34] the kind of difference
[00:15:34] that AI is making
[00:15:36] here to that energy problem.
[00:15:38] Yeah absolutely
[00:15:39] with pleasure
[00:15:39] I'm very very proud
[00:15:40] and excited
[00:15:41] about Wiser AI
[00:15:42] functionality
[00:15:43] that we've launched
[00:15:44] in Europe
[00:15:44] in our Paris Innovation Summit
[00:15:46] earlier in the year
[00:15:47] it's an industry first
[00:15:49] like you said
[00:15:50] that has never
[00:15:51] been done before
[00:15:51] and we will continue
[00:15:53] to go on that path
[00:15:54] of inventing
[00:15:55] better solutions
[00:15:56] that are user-centric
[00:15:57] customer-centric
[00:15:58] that are providing value
[00:15:59] but if you look at it
[00:16:01] from a
[00:16:01] from a
[00:16:02] all AI solution
[00:16:04] homeowners with solar panels
[00:16:06] are predicted
[00:16:07] to have annual saving
[00:16:08] anywhere between
[00:16:09] 400 and 500 euros
[00:16:10] or US dollar
[00:16:12] it goes more and less
[00:16:13] depending on the size
[00:16:13] of home
[00:16:14] but I'm just taking
[00:16:14] an average
[00:16:15] and if you just
[00:16:17] deploy our AI functionality
[00:16:19] without all that
[00:16:20] you can actually reach
[00:16:21] to anywhere
[00:16:22] depending from
[00:16:23] a small apartment
[00:16:24] from 100 to 150 euros
[00:16:25] and it goes of course
[00:16:26] the number
[00:16:27] multiply as you go in
[00:16:29] with that
[00:16:29] and the reason why
[00:16:31] or how it does that
[00:16:32] is that
[00:16:33] you really deploy
[00:16:34] the AI system
[00:16:35] understanding your
[00:16:35] home energy management
[00:16:36] system
[00:16:37] with the smart sensors
[00:16:38] that you would deploy
[00:16:39] across your appliances
[00:16:40] or your main load
[00:16:41] like your EV vehicle
[00:16:42] your washer dryer
[00:16:43] your HVC
[00:16:44] and so on
[00:16:45] and it really makes you
[00:16:46] gives you
[00:16:46] first and foremost
[00:16:48] the power of knowledge
[00:16:49] the power of visualizing
[00:16:51] your loads
[00:16:51] because I can tell you
[00:16:53] most of the time
[00:16:54] if you don't have
[00:16:54] a smart system
[00:16:55] and I can tell you
[00:16:56] we've actually done
[00:16:57] that survey
[00:16:58] and we've asked
[00:16:59] thousands of people
[00:17:00] what is your biggest
[00:17:02] energy consumption
[00:17:02] in your home
[00:17:03] and you will be surprised
[00:17:04] most of them
[00:17:05] thought that
[00:17:06] the lighting is
[00:17:07] so that's why
[00:17:08] everybody's walking around
[00:17:10] and switching light
[00:17:11] here and there off
[00:17:12] even though that
[00:17:13] was the LED technology
[00:17:14] actually lighting
[00:17:15] is only represent
[00:17:16] 5 to 7%
[00:17:17] of your entire
[00:17:18] energy consumption
[00:17:19] and your electrical vehicle
[00:17:20] your HVC
[00:17:21] go up to 50%
[00:17:22] and 60%
[00:17:22] and then and so forth
[00:17:23] and so forth
[00:17:24] and just giving you
[00:17:27] this power of knowledge
[00:17:28] helps you save
[00:17:29] up to 15%
[00:17:30] of 7% to 15%
[00:17:32] on average basis
[00:17:33] annually
[00:17:34] of energy consumption
[00:17:35] so AI
[00:17:36] does not just give you
[00:17:37] this visualization
[00:17:38] but it actually gives you
[00:17:39] the power
[00:17:40] of making smart decisions
[00:17:42] and smart and intelligent decisions
[00:17:43] on when to use energy
[00:17:45] where are you using
[00:17:46] the energy
[00:17:46] at what time
[00:17:47] what is the tariff cost
[00:17:48] at this time
[00:17:49] do you have a battery
[00:17:50] or not
[00:17:50] and if you have a battery
[00:17:51] is it better to use
[00:17:52] the battery now
[00:17:53] and do all this
[00:17:54] in conjunction
[00:17:54] with tariff
[00:17:55] dynamic tariff pricing
[00:17:56] with weather patterns
[00:17:58] your behavior
[00:17:59] on how many miles
[00:18:00] you drive your car
[00:18:01] every day
[00:18:02] when you switch
[00:18:02] on the off the light
[00:18:03] and of course
[00:18:04] the weather package
[00:18:05] not just to produce
[00:18:06] the energy
[00:18:06] but also to understand
[00:18:08] when you need
[00:18:09] to heat or cool
[00:18:10] your home
[00:18:10] and put that
[00:18:11] on ultimate
[00:18:12] intelligent power
[00:18:13] in your hands
[00:18:14] to continuously
[00:18:16] become one day
[00:18:17] better every day
[00:18:18] but really make
[00:18:19] those smart choices
[00:18:20] on your behalf
[00:18:21] to save you
[00:18:21] from 100
[00:18:23] as I said
[00:18:23] 100 to 50
[00:18:24] to 150 euros
[00:18:26] but all the way
[00:18:27] to 200 and 300
[00:18:28] of course
[00:18:29] how did you deploy
[00:18:30] the system
[00:18:30] so it puts real money
[00:18:32] in the pockets
[00:18:33] of consumer
[00:18:33] which is super important
[00:18:35] that's what we
[00:18:35] focused on
[00:18:37] in this AI functionality
[00:18:39] that we added
[00:18:39] to our Wiser Home app
[00:18:41] because we wanted
[00:18:42] to make it tangible
[00:18:43] we wanted to make
[00:18:44] the consumer understand
[00:18:45] how much money
[00:18:46] you're saving
[00:18:47] every month
[00:18:49] and you're putting
[00:18:49] back in your pocket
[00:18:50] how much
[00:18:52] CO2 emissions
[00:18:53] you are saving
[00:18:54] with every kilowatt hour
[00:18:56] that you're saving
[00:18:56] so 3D gives you
[00:18:58] that power
[00:18:58] back in your hand
[00:18:59] and it can make
[00:19:00] decisions on your behalf
[00:19:01] which I think
[00:19:02] it's also a very first
[00:19:04] and if we also
[00:19:06] throw in
[00:19:06] extreme weather
[00:19:07] events that we're
[00:19:08] seeing around the world
[00:19:09] combined with those
[00:19:10] rising utility costs
[00:19:12] I'm curious
[00:19:13] what role do you see
[00:19:14] innovation playing
[00:19:15] in building
[00:19:16] resilience
[00:19:16] in home energy
[00:19:17] management
[00:19:18] and how are you
[00:19:19] trying to lead
[00:19:20] this effort as well
[00:19:21] and help customers
[00:19:24] that's a great point
[00:19:25] I mean
[00:19:25] the weather patterns
[00:19:26] are continuing to happen
[00:19:28] what we can do
[00:19:29] is how do we
[00:19:29] really
[00:19:30] that's why
[00:19:30] the whole topic
[00:19:31] of how to
[00:19:32] decarbonize the world
[00:19:33] because the only medicine
[00:19:35] that we have
[00:19:36] that we know
[00:19:36] that will work
[00:19:37] the science tell us
[00:19:38] that will work
[00:19:39] is to decarbonize
[00:19:41] the world
[00:19:41] so we make them less
[00:19:42] but for the current moment
[00:19:44] they are not really
[00:19:45] under our control
[00:19:46] so what we need to do
[00:19:47] is that how we make
[00:19:48] those energy sources
[00:19:50] more resilient
[00:19:51] how do we make
[00:19:51] the homes more dependent
[00:19:53] and this is where
[00:19:53] the pursuit
[00:19:54] the rise
[00:19:55] what I call
[00:19:55] the rise of prosumer
[00:19:56] will continue to be
[00:19:57] super important
[00:19:58] is that how we can
[00:19:59] produce energy
[00:20:00] on our own
[00:20:01] and consume it
[00:20:02] and then create
[00:20:02] this community
[00:20:03] of virtual power plants
[00:20:05] community power plants
[00:20:07] where we actually
[00:20:08] not just produce
[00:20:08] energy for ourselves
[00:20:09] but we can share it
[00:20:11] as a community
[00:20:11] for whomever needs
[00:20:13] so this is going
[00:20:14] to become
[00:20:14] very very important
[00:20:16] in the whole topic
[00:20:16] of not just energy efficiency
[00:20:18] but energy reliability
[00:20:20] and independence
[00:20:20] as we go on
[00:20:21] from a home perspective
[00:20:23] so this is going
[00:20:24] to become
[00:20:24] a very very major role
[00:20:26] that we play
[00:20:27] to decarbonize
[00:20:28] but also solidify
[00:20:30] the energy reliability
[00:20:31] in the homes
[00:20:31] but there is also
[00:20:33] a lot of other topics
[00:20:34] that we do
[00:20:34] because a lot
[00:20:35] of the power outage
[00:20:36] does not only happen
[00:20:37] in energy
[00:20:38] or sorry
[00:20:39] pardon me
[00:20:40] in a climate situation
[00:20:41] there is a lot
[00:20:42] of power outage
[00:20:43] that happened
[00:20:44] because the peak hour
[00:20:45] at peak hours
[00:20:46] everybody's plugging
[00:20:47] in their cars
[00:20:47] the factories
[00:20:48] are still working
[00:20:49] it's extreme weather event
[00:20:50] whether it's extreme heat
[00:20:52] or extreme cool
[00:20:53] and then you're
[00:20:54] either overheating
[00:20:55] the homes
[00:20:55] or you're over cooling
[00:20:56] the homes
[00:20:56] and it all happens
[00:20:57] at the same time
[00:20:58] that's why the solutions
[00:21:00] that we're working on
[00:21:01] whether it's AI
[00:21:01] or the smart panel
[00:21:03] that we're creating
[00:21:03] like the smart panel
[00:21:05] that we launched
[00:21:05] in North America
[00:21:07] and in particular
[00:21:08] in the US
[00:21:10] the Schneider home pulse panel
[00:21:11] with the Schneider boost
[00:21:13] and the Schneider charge
[00:21:14] and the Schneider battery
[00:21:15] but also in Europe
[00:21:16] with our Resi9 energy center
[00:21:18] that are focusing
[00:21:20] or really decoding
[00:21:21] this whole new energy transition
[00:21:22] or energy transition
[00:21:24] to consumers
[00:21:25] so you have a hardware stack
[00:21:26] that really enables you
[00:21:28] to plug in
[00:21:30] all those new energy sources
[00:21:32] but also loads
[00:21:33] like the EV vehicle
[00:21:34] how do you plug in
[00:21:35] a charger in your home
[00:21:36] for your new electrical vehicle
[00:21:39] how do you do that safely
[00:21:40] and reliably
[00:21:41] and how do you also
[00:21:42] do the energy transition
[00:21:44] but also
[00:21:45] how you digitize
[00:21:47] all that
[00:21:47] via the AI
[00:21:48] and the software
[00:21:49] in the Wiser app
[00:21:50] so it's a holistic
[00:21:51] end-to-end approach
[00:21:52] because what we also learned
[00:21:53] over the past
[00:21:54] hundred years
[00:21:55] of innovations
[00:21:55] within the energy distribution
[00:21:57] and the finite distribution
[00:21:58] within homes
[00:21:59] at Schneider Electric
[00:22:01] is that
[00:22:02] in order for you
[00:22:03] to solve
[00:22:04] for the collective challenge
[00:22:05] you have to have
[00:22:06] a collective solution
[00:22:08] that is revolving
[00:22:09] around the consumer
[00:22:10] that they have
[00:22:11] the consumer
[00:22:12] and the user
[00:22:12] in the center of it
[00:22:13] so you cannot just
[00:22:14] do a great app
[00:22:15] or you cannot just
[00:22:17] do a great hardware
[00:22:18] you have to do
[00:22:18] a great hardware
[00:22:20] which is our Schneider
[00:22:21] final distribution boards
[00:22:22] our Resi 9 Energy Center
[00:22:24] our pulse panels
[00:22:26] our miniature second breakers
[00:22:28] our Acti9
[00:22:28] all those fantastic
[00:22:29] hardwares
[00:22:30] that really enables you
[00:22:32] that gives you
[00:22:33] the safety
[00:22:33] the reliability
[00:22:34] but the connectivity
[00:22:35] and then you need
[00:22:36] this wonderful
[00:22:37] awesome app
[00:22:39] that puts you in charge
[00:22:40] connect you
[00:22:41] with everything
[00:22:41] happening around
[00:22:42] the home
[00:22:43] but also happening
[00:22:44] around the utility
[00:22:45] and ultimately
[00:22:46] happening around
[00:22:47] the community
[00:22:47] for virtual power plants
[00:22:49] like I mentioned earlier
[00:22:50] that are on the rise
[00:22:51] not just in the US
[00:22:52] but in Europe as well
[00:22:54] and as someone
[00:22:55] that's right in the heart
[00:22:57] of this space
[00:22:57] I'm curious
[00:22:58] what do you think
[00:22:59] are the main opportunities
[00:23:01] and indeed challenges
[00:23:02] in using AI
[00:23:03] to transform
[00:23:04] how consumers
[00:23:05] interact with their
[00:23:06] energy systems
[00:23:08] you're right
[00:23:09] in the coalface here
[00:23:10] I'm curious
[00:23:11] what you think
[00:23:11] the AI
[00:23:12] the kind of difference
[00:23:14] that it will make here
[00:23:15] I think we're just
[00:23:16] scratching the surface
[00:23:17] just to be very very clear
[00:23:19] where every day
[00:23:20] we're discovering
[00:23:21] the power
[00:23:21] that AI can put
[00:23:22] in our hands
[00:23:23] but also the use cases
[00:23:25] that we can put
[00:23:25] safely and reliably
[00:23:27] in the hands
[00:23:28] of the consumers
[00:23:29] let me take a step back
[00:23:30] for one minute
[00:23:31] and say that
[00:23:32] the ultimate goal
[00:23:33] for Schneider Electric
[00:23:35] that I have
[00:23:37] and I take
[00:23:37] personal
[00:23:38] and collective
[00:23:39] responsibility
[00:23:39] as a company
[00:23:40] is as we deploy
[00:23:41] all those new technologies
[00:23:43] and put all this data
[00:23:44] into all those
[00:23:45] AI huge engines
[00:23:46] we want to do
[00:23:48] we want to keep
[00:23:48] two things in particular
[00:23:50] at the heart
[00:23:51] of everything
[00:23:52] that we do
[00:23:52] and we want to educate
[00:23:53] the consumers
[00:23:54] on that as well
[00:23:55] is that cyber security
[00:23:57] and data privacy
[00:23:58] are the ultimatum
[00:23:59] and the license
[00:24:00] to operate
[00:24:01] for everything
[00:24:02] that we do
[00:24:02] and deliver
[00:24:03] to our consumers
[00:24:04] because the more
[00:24:04] you put data
[00:24:05] out there
[00:24:06] we all have
[00:24:07] this paranoia
[00:24:08] of who takes
[00:24:09] this data
[00:24:10] who sees the data
[00:24:11] and who uses
[00:24:11] the data
[00:24:12] and Schneider
[00:24:12] we take this
[00:24:13] to heart
[00:24:14] because data privacy
[00:24:16] and cyber security
[00:24:18] are at the core
[00:24:19] of every offer
[00:24:20] every solution
[00:24:21] whether it's hardware
[00:24:22] or software
[00:24:22] that we deliver
[00:24:23] to our customers
[00:24:24] we do our
[00:24:25] absolute best
[00:24:26] not just on industry
[00:24:27] standards
[00:24:27] and regulatory standards
[00:24:29] but even be
[00:24:30] above and beyond
[00:24:30] that to protect
[00:24:32] the data
[00:24:32] and the privacy
[00:24:33] of our use
[00:24:34] so that is
[00:24:35] when we talk
[00:24:36] about AI
[00:24:36] I think that's
[00:24:37] a foundation
[00:24:38] that we all
[00:24:38] need to agree on
[00:24:39] that we need to
[00:24:40] all the manufacturers
[00:24:42] all the innovators
[00:24:43] all the people
[00:24:44] within the industry
[00:24:45] needs to make sure
[00:24:47] that the data
[00:24:48] that we put
[00:24:49] into those edges
[00:24:49] are safe and secure
[00:24:51] so that's number one
[00:24:52] number two
[00:24:52] we're figuring out
[00:24:54] those use cases
[00:24:54] as we go
[00:24:55] so you have
[00:24:56] AI powered
[00:24:57] home energy
[00:24:58] management system
[00:24:58] integration
[00:24:59] with renewable
[00:25:00] energy sources
[00:25:01] virtual power
[00:25:02] plan
[00:25:03] demand responses
[00:25:04] the use cases
[00:25:04] are going to
[00:25:05] continue to grow
[00:25:06] and the more
[00:25:07] you give it
[00:25:08] power
[00:25:08] the more
[00:25:09] it will get
[00:25:09] smart
[00:25:09] now you can
[00:25:11] think about
[00:25:11] you know
[00:25:12] all those phones
[00:25:13] now launching
[00:25:13] like Apple
[00:25:14] launching Apple
[00:25:15] intelligence
[00:25:15] and so on
[00:25:17] and so forth
[00:25:17] how you can
[00:25:18] use this
[00:25:19] and harness
[00:25:19] this to provide
[00:25:20] a holistic
[00:25:21] use case
[00:25:21] for the consumer
[00:25:22] is super important
[00:25:24] as we move
[00:25:24] forward
[00:25:24] I just
[00:25:25] I can give you
[00:25:26] an example
[00:25:26] of a home
[00:25:27] that will
[00:25:28] it's actually
[00:25:29] not in the future
[00:25:30] it will happen
[00:25:31] in the next few
[00:25:32] months
[00:25:33] or few
[00:25:34] or maximum
[00:25:35] within the next
[00:25:36] year
[00:25:36] that the home
[00:25:37] understands
[00:25:38] where
[00:25:38] how many
[00:25:39] miles
[00:25:40] you drive
[00:25:40] a day
[00:25:41] because
[00:25:41] it is
[00:25:42] connected
[00:25:43] to your
[00:25:43] home
[00:25:43] or
[00:25:44] your phone
[00:25:44] and understands
[00:25:45] your commute
[00:25:47] from and to
[00:25:48] your workplace
[00:25:49] or your gym
[00:25:50] or you know
[00:25:51] picking up your
[00:25:51] kids from school
[00:25:52] or dropping them
[00:25:53] off at the
[00:25:54] sports events
[00:25:54] and so on
[00:25:55] so it will
[00:25:56] calculate
[00:25:57] an average
[00:25:57] of mileage
[00:25:58] that you
[00:25:58] consume
[00:25:59] every day
[00:25:59] let alone
[00:26:00] be connected
[00:26:01] to your calendar
[00:26:02] so it will
[00:26:03] know exactly
[00:26:03] your commute
[00:26:04] tomorrow
[00:26:04] it will know
[00:26:05] how much
[00:26:06] energy you're
[00:26:06] consuming
[00:26:07] within your
[00:26:07] home
[00:26:07] what goes
[00:26:08] to the EV
[00:26:08] what goes
[00:26:09] to the HVC
[00:26:10] what goes
[00:26:11] to your washer
[00:26:11] dryer
[00:26:12] and your
[00:26:12] refrigerator
[00:26:13] it will
[00:26:14] understand
[00:26:14] when is
[00:26:15] the energy
[00:26:16] prices up
[00:26:16] and down
[00:26:17] it will
[00:26:17] understand
[00:26:18] the solar
[00:26:18] patterns
[00:26:19] and when
[00:26:20] you're
[00:26:20] producing
[00:26:20] much
[00:26:21] energy
[00:26:21] on your
[00:26:22] battery
[00:26:22] or less
[00:26:22] energy
[00:26:23] and we'll
[00:26:24] do this
[00:26:24] entire
[00:26:24] energy
[00:26:25] what I call
[00:26:25] it the
[00:26:26] energy
[00:26:26] arbitrage
[00:26:27] on your
[00:26:27] behalf
[00:26:28] not only
[00:26:28] saving
[00:26:29] you money
[00:26:29] but making
[00:26:30] your experience
[00:26:31] throughout the
[00:26:31] day
[00:26:32] seamless
[00:26:32] you no longer
[00:26:33] need to think
[00:26:34] about electricity
[00:26:34] but you also
[00:26:35] don't need
[00:26:36] no longer
[00:26:37] you have a
[00:26:37] full peace
[00:26:38] of mind
[00:26:38] that you
[00:26:39] will not
[00:26:40] have energy
[00:26:40] anxiety
[00:26:41] because it
[00:26:41] will plan
[00:26:42] your charge
[00:26:42] based on
[00:26:43] your commute
[00:26:44] and if
[00:26:45] you're going
[00:26:45] to a longer
[00:26:45] commute
[00:26:46] it will work
[00:26:46] with the car
[00:26:47] to plan
[00:26:48] your charging
[00:26:48] across the
[00:26:49] way
[00:26:49] you no longer
[00:26:50] need to
[00:26:51] really overheat
[00:26:52] or over cool
[00:26:52] your home
[00:26:53] because it
[00:26:53] will understand
[00:26:54] when are you
[00:26:54] home and
[00:26:55] when your
[00:26:55] family numbers
[00:26:56] are home
[00:26:56] and when
[00:26:57] they are not
[00:26:57] and when
[00:26:58] you really
[00:26:59] need the
[00:26:59] energy
[00:27:00] and when
[00:27:00] you don't
[00:27:01] making sure
[00:27:02] that you're
[00:27:02] consistently
[00:27:03] using your
[00:27:03] battery first
[00:27:04] if that is
[00:27:05] what the choice
[00:27:05] that you want
[00:27:06] to make
[00:27:06] and working
[00:27:07] within the
[00:27:07] community
[00:27:08] to actually
[00:27:09] push power
[00:27:10] back via
[00:27:10] bi-directional
[00:27:11] charger
[00:27:12] or just via
[00:27:12] the grid
[00:27:13] in putting
[00:27:14] back energy
[00:27:15] on the grid
[00:27:16] for other users
[00:27:17] to use
[00:27:18] not only
[00:27:18] saving you
[00:27:19] money
[00:27:19] but making
[00:27:20] you money
[00:27:20] while you
[00:27:21] don't need
[00:27:21] that is a
[00:27:22] reality of
[00:27:23] a future
[00:27:23] that is not
[00:27:24] a far-fetched
[00:27:25] future
[00:27:25] there is
[00:27:26] that future
[00:27:26] exists already
[00:27:27] in some
[00:27:27] countries
[00:27:28] and we're
[00:27:28] working together
[00:27:29] with utilities
[00:27:30] regulatory bodies
[00:27:31] and governments
[00:27:33] across the world
[00:27:34] to make this
[00:27:35] as a reality
[00:27:35] everywhere
[00:27:36] so that is
[00:27:37] a future
[00:27:37] that AI
[00:27:38] can actively
[00:27:39] participate in
[00:27:40] but remember
[00:27:41] AI is only
[00:27:41] part of the
[00:27:42] equation
[00:27:42] you need
[00:27:43] that smart
[00:27:44] intelligent
[00:27:45] hardware
[00:27:46] to collect
[00:27:47] and harness
[00:27:48] this data
[00:27:48] and then
[00:27:49] you need
[00:27:49] the system
[00:27:49] that sits
[00:27:50] on top
[00:27:50] that does
[00:27:51] not only
[00:27:51] provide
[00:27:52] I keep
[00:27:52] saying
[00:27:52] a one-top
[00:27:54] user experience
[00:27:55] but do it
[00:27:56] with data
[00:27:57] privacy in mind
[00:27:58] and of course
[00:27:59] cyber security
[00:28:02] and one of
[00:28:02] the things
[00:28:03] though
[00:28:03] one of the
[00:28:04] themes that
[00:28:04] stand out
[00:28:04] from our
[00:28:05] conversation
[00:28:05] today is
[00:28:06] the push
[00:28:07] for total
[00:28:08] electrification
[00:28:08] of everything
[00:28:09] is really
[00:28:09] gaining momentum
[00:28:10] now
[00:28:11] and if I ask
[00:28:12] you to look
[00:28:12] even further
[00:28:13] ahead
[00:28:13] what are you
[00:28:15] doing at
[00:28:15] Schneider
[00:28:16] Electrics
[00:28:17] to prioritise
[00:28:18] the drive
[00:28:20] for sustainable
[00:28:21] energy solutions
[00:28:22] in homes
[00:28:23] and how do
[00:28:24] you also see
[00:28:24] consumer behaviour
[00:28:26] and technology
[00:28:26] how do you see
[00:28:27] those things
[00:28:28] evolving
[00:28:28] to help you
[00:28:29] meet some
[00:28:29] of your new
[00:28:30] goals
[00:28:31] too
[00:28:32] Schneider
[00:28:33] we are in
[00:28:33] the forefront
[00:28:34] we have
[00:28:35] been
[00:28:36] blessed
[00:28:36] to have
[00:28:37] a CEO
[00:28:38] like
[00:28:38] Jean Pascal
[00:28:39] who is now
[00:28:39] our chairman
[00:28:40] that has been
[00:28:41] talking about
[00:28:41] digitising
[00:28:42] and electrifying
[00:28:43] more and more
[00:28:44] for over 20
[00:28:44] years
[00:28:45] really
[00:28:45] it's no wonder
[00:28:47] that Schneider
[00:28:48] is the most
[00:28:48] sustainable
[00:28:48] company in the
[00:28:49] world
[00:28:49] and now
[00:28:50] with the
[00:28:50] vision of
[00:28:50] Olivier Bloom
[00:28:51] at the helm
[00:28:52] we will
[00:28:52] continue to
[00:28:53] drive this
[00:28:53] forward
[00:28:54] in my
[00:28:54] specific
[00:28:55] domains
[00:28:55] when it
[00:28:55] comes to
[00:28:56] home
[00:28:56] we continue
[00:28:57] to innovate
[00:28:57] as I
[00:28:58] mentioned
[00:28:58] earlier
[00:28:59] we've
[00:28:59] launched
[00:28:59] a multitude
[00:29:00] of offers
[00:29:01] more than
[00:29:02] 40 offers
[00:29:02] across Schneider
[00:29:03] globally
[00:29:04] in the home
[00:29:04] space
[00:29:05] this year
[00:29:05] work
[00:29:06] really focusing
[00:29:07] on energy
[00:29:07] efficiency
[00:29:08] sustainability
[00:29:09] and energy
[00:29:09] reliability
[00:29:10] and we will
[00:29:11] continue to do
[00:29:11] this
[00:29:12] for example
[00:29:12] we have been
[00:29:13] in the forefront
[00:29:14] of this rise
[00:29:15] of consumer
[00:29:16] we communicated
[00:29:17] clearly
[00:29:17] that we're
[00:29:18] we've launched
[00:29:19] actually in North
[00:29:20] America
[00:29:20] a few months
[00:29:21] ago
[00:29:21] we've launched
[00:29:22] our own
[00:29:22] battery
[00:29:23] our own
[00:29:23] inverter
[00:29:24] and our
[00:29:24] chargers
[00:29:25] with our
[00:29:26] smart
[00:29:26] panels
[00:29:26] giving
[00:29:27] this
[00:29:27] home
[00:29:27] owners
[00:29:28] one
[00:29:28] stop
[00:29:29] shop
[00:29:29] to
[00:29:29] embark
[00:29:29] on
[00:29:30] their
[00:29:30] electricity
[00:29:30] 4.0
[00:29:31] sustainability
[00:29:32] and prosumer
[00:29:33] energy
[00:29:33] for their
[00:29:34] energy
[00:29:34] transition
[00:29:34] and we
[00:29:35] will continue
[00:29:36] to do
[00:29:36] this
[00:29:36] as we
[00:29:37] go
[00:29:37] because
[00:29:37] there is
[00:29:38] no future
[00:29:39] without
[00:29:40] electrifying
[00:29:40] more and
[00:29:41] digitizing
[00:29:41] more
[00:29:42] I just
[00:29:42] simply
[00:29:42] don't
[00:29:43] see
[00:29:43] in
[00:29:44] our
[00:29:44] for our
[00:29:46] collective
[00:29:47] good
[00:29:47] not just
[00:29:48] as an
[00:29:49] industry
[00:29:49] but as a
[00:29:50] humanity
[00:29:50] we need
[00:29:51] to continue
[00:29:51] to do
[00:29:52] this
[00:29:52] without
[00:29:53] spilling
[00:29:54] the
[00:29:54] beans
[00:29:54] and my
[00:29:55] team
[00:29:55] always
[00:29:55] blames
[00:29:56] me
[00:29:56] for
[00:29:56] always
[00:29:56] spilling
[00:29:56] the
[00:29:57] beans
[00:29:57] everywhere
[00:29:57] we will
[00:29:58] continue
[00:29:59] so if
[00:29:59] you stay
[00:30:00] tuned
[00:30:00] I will
[00:30:01] be glad
[00:30:01] to talk
[00:30:01] to you
[00:30:02] in the
[00:30:03] near future
[00:30:03] we can
[00:30:05] expect
[00:30:05] from us
[00:30:05] launching
[00:30:06] more and
[00:30:06] more offers
[00:30:07] in 2025
[00:30:09] really targeting
[00:30:10] that
[00:30:12] particular
[00:30:12] domain
[00:30:14] Wow
[00:30:14] sounds like
[00:30:15] you've got
[00:30:15] a few
[00:30:16] teasers
[00:30:16] for us
[00:30:17] there
[00:30:17] so it
[00:30:17] would be
[00:30:17] great
[00:30:18] to get
[00:30:18] you
[00:30:18] back
[00:30:18] on
[00:30:18] in
[00:30:19] the
[00:30:19] new
[00:30:19] year
[00:30:19] where
[00:30:20] you can
[00:30:20] spill
[00:30:20] those
[00:30:21] beans
[00:30:21] without
[00:30:21] getting
[00:30:21] into
[00:30:22] trouble
[00:30:22] with
[00:30:22] your
[00:30:22] team
[00:30:23] but
[00:30:24] for
[00:30:24] anybody
[00:30:24] listening
[00:30:25] just
[00:30:26] wanting
[00:30:26] to
[00:30:26] find
[00:30:26] out
[00:30:26] more
[00:30:27] information
[00:30:27] about
[00:30:28] anything
[00:30:28] we
[00:30:29] talked
[00:30:29] about
[00:30:29] today
[00:30:30] where's
[00:30:31] the best
[00:30:31] place
[00:30:31] to find
[00:30:32] more
[00:30:32] information
[00:30:33] about
[00:30:33] all
[00:30:33] things
[00:30:33] Schneider
[00:30:34] and
[00:30:34] contact
[00:30:35] you
[00:30:35] or
[00:30:35] your
[00:30:35] team
[00:30:35] where would
[00:30:36] you like
[00:30:36] an appointment
[00:30:36] of course
[00:30:37] our
[00:30:38] one
[00:30:38] stop
[00:30:39] shop
[00:30:39] information
[00:30:40] is
[00:30:40] schneider.com
[00:30:41] and then
[00:30:42] there
[00:30:42] search
[00:30:42] via home
[00:30:43] or residential
[00:30:44] application
[00:30:45] and you
[00:30:45] will
[00:30:46] find
[00:30:46] great
[00:30:46] things
[00:30:46] I
[00:30:47] think
[00:30:47] you
[00:30:47] can
[00:30:47] just
[00:30:48] google
[00:30:48] weiser
[00:30:48] home
[00:30:49] or
[00:30:49] Schneider
[00:30:49] home
[00:30:49] and you
[00:30:50] will
[00:30:50] find
[00:30:51] all
[00:30:51] the
[00:30:51] material
[00:30:52] that
[00:30:52] we
[00:30:52] have
[00:30:54] available
[00:30:55] we have
[00:30:55] a ton
[00:30:56] of
[00:30:56] solutions
[00:30:56] but also
[00:30:57] work
[00:30:57] with your
[00:30:58] local
[00:30:58] electrician
[00:30:59] electricians
[00:31:00] are the
[00:31:00] core of
[00:31:00] everything
[00:31:01] that we
[00:31:01] do
[00:31:01] in
[00:31:02] Schneider
[00:31:02] Electric
[00:31:03] and in
[00:31:03] particular
[00:31:03] in the
[00:31:04] home
[00:31:04] and energy
[00:31:05] distribution
[00:31:05] division
[00:31:05] because
[00:31:06] they are
[00:31:07] our main
[00:31:07] ambassadors
[00:31:07] so I'm
[00:31:08] sure
[00:31:08] with our
[00:31:09] more than
[00:31:10] 1 million
[00:31:10] trained
[00:31:11] electricians
[00:31:11] around
[00:31:12] the
[00:31:12] world
[00:31:12] if
[00:31:12] you
[00:31:12] just
[00:31:12] ask
[00:31:13] your
[00:31:13] electricians
[00:31:13] I want
[00:31:14] to do
[00:31:14] this
[00:31:14] Schneider
[00:31:15] will
[00:31:15] also
[00:31:15] come
[00:31:16] up
[00:31:16] and
[00:31:16] if
[00:31:16] he
[00:31:16] does
[00:31:17] not
[00:31:17] just
[00:31:17] google
[00:31:18] us
[00:31:18] and
[00:31:18] search
[00:31:19] us
[00:31:19] on
[00:31:19] any
[00:31:19] search
[00:31:20] engine
[00:31:21] and
[00:31:21] you
[00:31:21] will
[00:31:21] find
[00:31:22] a lot
[00:31:22] of
[00:31:22] information
[00:31:23] but my
[00:31:24] team
[00:31:24] will also
[00:31:24] be happy
[00:31:25] to work
[00:31:25] with
[00:31:25] you
[00:31:26] to add
[00:31:26] a few
[00:31:27] links
[00:31:27] to some
[00:31:27] of
[00:31:27] the
[00:31:28] things
[00:31:28] that
[00:31:28] I've
[00:31:28] mentioned
[00:31:29] during
[00:31:29] the
[00:31:29] day
[00:31:29] so it
[00:31:30] makes
[00:31:30] it
[00:31:30] easier
[00:31:31] to
[00:31:31] your
[00:31:31] listeners
[00:31:32] and
[00:31:32] to
[00:31:32] the
[00:31:32] consumers
[00:31:33] to
[00:31:33] find
[00:31:33] out
[00:31:33] well
[00:31:35] Schneider's
[00:31:35] home
[00:31:36] and
[00:31:36] distribution
[00:31:36] division
[00:31:37] has more
[00:31:37] than
[00:31:38] a hundred
[00:31:38] years
[00:31:39] in the
[00:31:39] development
[00:31:40] of
[00:31:40] home
[00:31:41] electrical
[00:31:41] solutions
[00:31:42] and for
[00:31:42] me
[00:31:42] I just
[00:31:43] loved
[00:31:43] hearing
[00:31:43] about
[00:31:43] the
[00:31:43] importance
[00:31:44] of
[00:31:44] innovation
[00:31:45] to
[00:31:45] mitigate
[00:31:46] things
[00:31:46] like
[00:31:47] extreme
[00:31:47] weather
[00:31:47] events
[00:31:48] rising
[00:31:49] utility
[00:31:50] costs
[00:31:50] and this
[00:31:50] push
[00:31:51] for
[00:31:51] total
[00:31:52] electrification
[00:31:52] when it
[00:31:53] comes
[00:31:53] to
[00:31:53] infrastructure
[00:31:54] so
[00:31:55] many
[00:31:55] big
[00:31:55] talking
[00:31:55] points
[00:31:56] love
[00:31:56] to
[00:31:56] hear
[00:31:56] more
[00:31:57] about
[00:31:57] what
[00:31:57] people
[00:31:57] listening
[00:31:58] have
[00:31:58] took
[00:31:58] away
[00:31:58] from
[00:31:59] our
[00:31:59] conversation
[00:32:00] today
[00:32:01] and also
[00:32:01] get you
[00:32:02] back on
[00:32:02] next year
[00:32:02] to spill
[00:32:03] the beans
[00:32:03] on those
[00:32:04] new
[00:32:04] announcements
[00:32:04] but thank
[00:32:05] you for
[00:32:05] sharing your
[00:32:06] story
[00:32:06] today
[00:32:06] no thank
[00:32:07] you for
[00:32:08] having me
[00:32:08] and for
[00:32:09] this very
[00:32:09] insightful
[00:32:10] and engaging
[00:32:11] conversation
[00:32:11] I love
[00:32:12] talking to
[00:32:12] you and
[00:32:13] we look
[00:32:14] forward to
[00:32:14] talk more
[00:32:15] in the future
[00:32:15] about
[00:32:16] everything
[00:32:16] electrification
[00:32:17] and
[00:32:18] again big
[00:32:19] thank you
[00:32:19] to you
[00:32:20] and your
[00:32:20] listener
[00:32:20] for the
[00:32:21] time
[00:32:21] today
[00:32:21] and for
[00:32:22] this
[00:32:22] engaging
[00:32:22] conversation
[00:32:23] and I
[00:32:24] look forward
[00:32:24] to spill
[00:32:25] the beans
[00:32:25] again
[00:32:25] with you
[00:32:26] in the
[00:32:26] coming
[00:32:26] weeks
[00:32:27] of
[00:32:27] month
[00:32:28] so
[00:32:28] as we
[00:32:29] wrap up
[00:32:29] our
[00:32:29] conversation
[00:32:30] today
[00:32:31] with
[00:32:31] Michael
[00:32:31] I think
[00:32:32] it's
[00:32:32] clear
[00:32:32] that
[00:32:32] AI
[00:32:33] has
[00:32:33] the
[00:32:33] potential
[00:32:33] to
[00:32:34] fundamentally
[00:32:34] change
[00:32:35] how we
[00:32:36] interact
[00:32:36] with energy
[00:32:38] in our
[00:32:38] homes
[00:32:38] whether it
[00:32:39] be reducing
[00:32:40] energy costs
[00:32:41] to making
[00:32:41] homes more
[00:32:42] sustainable
[00:32:43] Schneider
[00:32:44] Schneider Electric
[00:32:44] is paving
[00:32:45] the way
[00:32:45] for smarter
[00:32:46] greener
[00:32:47] living
[00:32:47] but
[00:32:48] with
[00:32:49] innovation
[00:32:50] comes
[00:32:50] challenges
[00:32:51] how do
[00:32:52] we balance
[00:32:52] technological
[00:32:53] advancements
[00:32:54] with concerns
[00:32:55] like cyber
[00:32:56] security
[00:32:56] data privacy
[00:32:58] and how
[00:32:59] can companies
[00:33:00] governments
[00:33:00] and consumers
[00:33:01] work together
[00:33:02] to accelerate
[00:33:03] the adoption
[00:33:04] of some of
[00:33:04] these game
[00:33:05] changing
[00:33:05] solutions
[00:33:06] please join
[00:33:07] the conversation
[00:33:08] share your
[00:33:09] ideas
[00:33:09] but that's
[00:33:10] it today
[00:33:11] so thank
[00:33:11] you as
[00:33:12] always for
[00:33:12] listening
[00:33:13] please join
[00:33:13] me again
[00:33:14] tomorrow
[00:33:14] we've got
[00:33:14] another guest
[00:33:15] and a
[00:33:16] completely
[00:33:16] different
[00:33:16] topic to
[00:33:17] explore
[00:33:17] together
[00:33:18] but remember
[00:33:19] it is
[00:33:19] a dialogue
[00:33:20] not a
[00:33:21] monologue
[00:33:21] so connect
[00:33:22] with me
[00:33:22] on LinkedIn
[00:33:23] Instagram
[00:33:23] X
[00:33:24] just at
[00:33:24] Neil C.
[00:33:25] Hughes
[00:33:25] and we
[00:33:26] will continue
[00:33:27] this conversation
[00:33:28] other than that
[00:33:29] it's time for me
[00:33:30] to get out of here
[00:33:31] so I will speak
[00:33:31] with you tomorrow
[00:33:32] bye for now