July 26, 2022
Alibaba Cloud, the digital technology backbone of Alibaba Group, has announced the global launch of Energy Expert, a sustainability platform to help customers worldwide measure, analyse and manage the carbon emissions of their business activities and products.
The software-as-a-service offerings also provides actionable insights and energy saving recommendations to help customers accelerate their sustainability journeys, Alibaba said. The initiative is aligned with Alibaba’s carbon neutrality pledge, which was unveiled last year. The company pioneered the “Scope 3 +” concept and pledged to share its energy-efficient technologies with its customers and business partners.
“Energy Expert is designed to help companies achieve their carbon neutrality goals through advanced technologies and streamlined solutions,” said Chen Lijuan, General Manager of Product and Solutions at Alibaba Cloud Intelligence. “We hope our proven innovation can be helpful for our global customers to achieve their net zero targets through insightful actions and informed sustainability practices.”
Energy Expert helps customers automate the carbon accounting and reporting process at a corporate and product level and obtain real-time sustainability impact statistics for them to make informed decisions. It enables customers to identify the sources of the carbon emissions from their daily business activities as well as the full life cycle of their products, based on the PAS 2060 and ISO 14064 standards on carbon neutrality.
Customers can also quantify their carbon footprint through a prebuilt calculation model leveraging public emission factors datasets and Energy Expert’s proprietary datasets. Additionally, it provides visibility into their real-time carbon emission patterns and the progress of their sustainability performance through visualizations on dashboards and online reports.
In addition, the solution provides cutting-edge analytics on energy efficiency and emission forecasts through deep learning-based AI models hosted on Alibaba Cloud. To help customers minimise their overall environmental impact, Energy Expert also offers actionable optimisation plans with recommendations that balance business growth and environmental impacts. These can include increasing the use of clean energy, reducing excessive electricity consumption during peak times and optimising the supply chain ranging from sourcing materials to shipping products.
Energy Expert also works with recognised industrial organisations worldwide such as TÜV Rheinland to provide authoritative online carbon footprint accounting and certification, helping customers to easily validate and communicate their energy saving progress with stakeholders.
In China, the innovation was deployed in February this year. So far, it has served over 2,000 companies there, generating energy savings of over 2 million kilowatt hours per day, or a reduction of 400,000 tons of carbon dioxide emissions since February.
Our take on this: In the current financial and political climate energy costs have more than doubled and are set to double again by this time next year. Anything that helps better manage demand and reduces costs is a winner. After all it is better not to generate the energy, rather than waste it.
Categories : Around the Industry