KUALA LUMPUR, Nov 19 (Bernama) -- Bloomberg New Economy and Schneider Electric, a global energy technology leader, announced the launch of the Energy Technology Coalition, a private-sector initiative uniting global leaders and experts to drive adoption of technologies that optimise energy consumption, strengthen grid resilience, and meet rising electricity demand.
Unveiled at the Bloomberg New Economy Forum in Singapore and Schneider Electric’s Innovation Summit North America in Las Vegas, the Coalition will focus on leveraging artificial intelligence (AI) and emerging technologies to improve energy efficiency and enable more responsive, sustainable power systems.
In a statement, Bloomberg Media Chief Executive Officer, Karen Saltser said: “We are witnessing a critical moment where digital infrastructure and energy systems are converging at an accelerating pace.
“By bringing together the best minds in this industry, the Energy Technology Coalition will help catalyse new innovations, partnerships, and policies needed to power the future responsibly.”
Meanwhile, Schneider Electric Executive Vice President, Energy Management, Frédéric Godemel said: “By working together and leveraging innovations like AI and digital twins, we can strengthen the grid, improve reliability, and make energy more accessible and cost-effective for everyone.”
At a time when many energy investments are focused on increasing electricity supply to meet the rising demands of AI data centres and growing populations, the coalition focuses on how energy can be used more efficiently.
It will explore how AI, among other emerging technologies, can provide solutions that both optimise energy use and improve the responsiveness of the power grid, enabling the integration of more energy sources, including clean power.
Set to convene leaders from across energy, technology, and infrastructure sectors to identify where and why the deployment of demand-side technologies has been slow and what levers can unlock faster adoption, the coalition aims to publish data-backed solutions and frameworks to alleviate friction points in the transition to smarter, cleaner energy use.
The coalition’s inaugural in-person meeting will take place in January 2026 at Bloomberg House in Davos, on the sidelines of the World Economic Forum Annual Meeting. Members will collaborate on actionable strategies, pilot programmes, and frameworks to shape how industries use and manage energy in the age of AI.
-- BERNAMA