Schneider Electric Advances Pathways to Close U.S. Power Gap at BNEF NY 2026

Schneider Electric participated in the 2026 BloombergNEF Summit in New York, presenting its strategies to address the escalating U.S. power demand, largely fueled by Artificial Intelligence and data centers. The company's Research Institute projects AI could contribute up to 50% of U.S. electricity demand growth between 2025 and 2030, with an anticipated additional 157 GW required by 2029. Pankaj Sharma, Executive Vice President of Software and Services at Schneider Electric, emphasized the need for "energy intelligent ecosystems" to optimize existing infrastructure and accelerate power delivery. Building on its "Powering Sustainable AI in the United States" report, Schneider Electric introduced a new study titled "Grid Relief from Smart Buildings Equipped with Distributed Energy Resources (DERs)." This research highlights how smart buildings leveraging DERs can offer quicker and more economical grid capacity expansion compared to traditional methods, while also ensuring profitability for investors. The company's participation at BNEF 2026 focused on three key areas: digitalization and software-defined architectures to accelerate power delivery, electrification paired with energy intelligence for improved efficiency and resilience, and operational intelligence using AI-powered analytics to reduce costs and risks. Schneider Electric, a global energy technology leader, aims to drive efficiency and sustainability through the electrification, automation, and digitalization of various sectors, including data centers.