ABB: XVME-085 Continue to deepen the Chinese market, leading the application of electrical technology innovation
XVME-085 With the rapid development of China’s energy industry, how to build a new energy system, grasp the new opportunity of “electrification of all things”, accelerate the value of digital intelligence, and promote the transition of energy to the future of net zero emissions has become an era proposition in today’s electrical field.
Recently, the 2024 ABB Electrical Innovation Week with the theme of “Energy Future, Innovation-driven” was held in Xiamen. Through opening forums, keynote speeches, product launches and presentations, and industry forums, the event focused on the opportunities and challenges of the future of energy, and focused on hot topics such as green energy, green buildings, green industry, green data centers, and showcased ABB’s key role in the energy transition.
At the same time, XVME-085 Morten Wierod, global president of ABB Group Electric, announced during the event that ABB Electric will continue to invest $100 million in China in the next three years for low-carbon technology research and development, intelligent manufacturing upgrades and low-carbon industrial chain empowerment to support China’s energy transformation.
Multi-angle layout of ESG, the “second financial report” results are bright
ESG (Environmental, XVME-085 Social and Corporate Governance) is becoming the new language of communication between businesses. As green, low-carbon and sustainable development has become a consensus, ESG performance has increasingly become an important indicator for investors to evaluate corporate operations, and is even regarded as the “second financial report” of enterprises.
In this regard, Marten said that for ABB, XVME-085 ESG has always been an area of long-term focus, long-term planning and multi-angle layout. ABB’s focus on sustainability, carbon neutrality and helping customers reduce their carbon emissions was clearly outlined in 2019 and announced a technology-based net zero target at its 2023 Capital Markets Day. He pointed out that ABB’s goal is not only to reduce its own carbon emissions, but also to help customers reduce carbon emissions through the company’s products.
On the other hand, Marten revealed that ABB has also made detailed divisions in the ESG field, and each department has specific actions. ABB’s Xiamen factory, for example, is equipped with solar photovoltaic panels on the roof, and energy efficiency has been emphasized in the design and planning of the interior. At the same time, corporate social responsibility is also at the core of ABB’s focus, such as by 2030, the company plans to have 25% of the management of the company made up of women, in order to promote the status and role of women in the enterprise. Maaten stressed that ABB’s ESG is not only an economic indicator, but also values the long-term value brought by the concept of sustainable development.
ABB’s excellent performance in all aspects of ESG has also been highly recognized by the international authoritative index institution MSCI, which upgraded ABB’s ESG rating to the highest AAA level, fully affirming ABB’s continued efforts.
Innovative DC power distribution technology enables energy transformation
In the context of the current “dual carbon” goal, XVME-085the large-scale development of distributed energy, the distribution network faces the dual challenges of efficient consumption of new energy and reliable supply of load, and the distribution network form needs to be upgraded.
Marten believes that although DC distribution is not the only choice for future power systems, DC distribution is becoming more and more widely used and increasingly important for future distribution network forms. Compared with AC power distribution system, DC power distribution system has fewer conversion links, high energy utilization rate and good power quality, which is one of the important technical means to transform power supply mode, improve power efficiency and promote energy reform.
Based on this, in this Innovation Week activity, ABB focused on the “Welcome to the world of DC” – Smart DC low-voltage DC distribution solution, focusing on ABB’s series of innovation results for DC distribution. Including tailor-made Gerapid DC circuit breaker, Emax DC air circuit breaker, DC isolation switch OT/OS, DC micro circuit breaker S200 series, KNX DC intelligent lighting solutions, etc. These products have been widely used in many fields such as energy storage, photovoltaic, UPS battery, electric drive ship, rail transit, construction and so on.
In addition, ABB unveiled more than 20 innovative electrical products and solutions at the event, including the world’s first IEC 60947-2 compliant SACE Infinitus solid-state circuit breaker. ABB Electric China President Zhao Yongzhan described it as a revolutionary product that gives a “new definition” to similar products.
Zhao Yongzhan said that the establishment of a new power system and a new energy system requires the transformation and landing of more innovative achievements. ABB is a pioneer and industry pioneer in power systems, XVME-085 inventing and creating many products and technologies, and the revolutionary solid-state technology concept is one of them.
Solid-state circuit breakers switch on and off power supply circuits through semiconductor power electronics. Compared with traditional circuit breakers, SACE Infinitus solid state circuit breakers detect and respond to short circuit faults 100 times faster, 100 times longer service life, and no energy release during the breaking process, the chance of dangerous arc is almost reduced to zero, fully protect the safety of personnel and equipment, can provide customers with a safe and energy-saving DC power system.