Schneider Electric, the leader in the digital transformation of energy management and automation, has signed a contract to supply medium voltage (MV) equipment and grid management software to upgrade Serbia’s electrical distribution network. This country-wide, grid modernization project aims to improve network reliability, reducing power outages and their duration.
This upgrade will improve the quality of electricity supply and thus strengthen the service provided by Serbia’s distribution system operator Elektrodistribucija Srbije (EDS) and its customers.
As a market-leading technology provider, Schneider Electric has the connected products, software and expertise to modernize, automate and transform the country’s entire MV grid. The digitalized grids of the future improve energy efficiency, accelerate the integration of renewable energy sources, such as solar and wind power, balance energy supply and demand and thus facilitate the green energy transition. Data management capabilities support efforts to optimize and decarbonize demand-side energy use.
Grid modernization and digitalization also help identify how best to configure and operate the existing distribution network, which can reduce or postpone large capital investments in building power plants – saving public funds and reducing waste.
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
