Schneider Electric Ranked Energy as a Service Leader by Guidehouse Insights
Boston, MA, USA
- Guidehouse Insights released its 2022 Energy as a Service leaderboard ranking Schneider Electric No. 2
- Top ranking represents Schneider Electric’s comprehensive offerings and market growth trajectory with joint ventures AlphaStruxure and GreenStruxure
BOSTON, MA (May 25th, 2022) – Schneider Electric, the leader in the digital transformation of energy management and automation, together with joint ventures AlphaStruxure and GreenStruxure has been recognized as an industry leader in the Energy as a Service (EaaS) market with a No. 2 ranking by Guidehouse Insights EaaS Leaderboard. Schneider Electric’s top ranking results from its integrated, end-to-end, EaaS solution offerings and its opportunistic position for market growth.
The Guidehouse Insights report assesses the competitive landscape for EaaS solutions and how well companies are positioned to address customer needs. It’s intended to help customers, and market participants better understand solution offerings, differentiation, and record of accomplishment for EaaS projects.
“Schneider is a leader in the EaaS market, supported by its extensive vision, innovative go-to-market strategy, effective public presence, and technology excellence, among other factors,” said Sasha Wedekind, Principal Research Analyst with Guidehouse Insights. “It has had many public and confidential project announcements in the past year, such as the Montgomery County Brookville Smart Energy Bus Depot with AlphaStruxure, and a recent announcement of a GreenStruxure multi-site project with Bimbo Bakeries.”
Schneider Electric has and continues to expand its EaaS offering to serve the full spectrum of customer needs – as evidenced by the Microgrid Competency Center, AlphaStruxure, GreenStruxure, the recent formation of a global Sustainability Business, and its GreeNext joint venture. Schneider Electric has strategically positioned itself to be at the forefront of the market in the New Energy Landscape.
“Energy as a Service arms companies with the power to meet their energy outcomes by freeing up capital through a single, long-term energy partner. This model is helping our customers gain a competitive advantage,” said Jana Gerber, President, North America Microgrid at Schneider Electric, “With the understanding that customer priorities continue to evolve as energy demands shift, we made significant strides developing our EaaS offer, focusing on new customer verticals, and forming strategic partnerships.”
Schneider’s AlphaStruxure and GreenStruxure joint ventures unlock ambitious energy transformations for energy-intensive private and public sector organizations by designing, building, owning, operating, and maintaining tailored energy infrastructure, including microgrids. With no up-front CapEx, AlphaStruxure and GreenStruxure’s innovative EaaS models maximize results and minimize risk:
- Transferred risk: Tailored energy infrastructure is designed, built, operated, and maintained by experts who also bear all owning, operating, and performance risks.
- Cost-predictability: Avoid up-front expenditures and benefit from a contract that provides price certainty for long-term energy costs.
- Guaranteed performance: Long-term resilience, reliability, greenhouse gas reduction, and cost stability goals are realized with an accountable, fully invested energy partner
As defined by Guidehouse Insights, EaaS solutions allow customers to address sustainability, resiliency, and deferred maintenance while upgrading facilities with OpEx-only payments and immediate ROI. Outsourcing all or part of energy management to a provider is increasingly compelling because of the rising complexity of available distributed energy technologies and the challenge of meeting long-term greenhouse gas emission reduction standards. Because of these various benefits, customers across all industries are continuing to adopt and explore EaaS solutions at scale.