British multinational integrated energy company bp has partnered with consulting firm Infosys to help campuses, cities, and industrial and business parks to improve their energy management and reduce carbon emissions.
A Memorandum of Understanding signed by the two companies will enable them to integrate their energy expertise and advanced digital capabilities to come up with a digitally-enabled integrated energy-as-a-service (EaaS) offering.
bp brings its experience in energy and mobility including in solar, wind together with gas for power, fuels, electric vehicle charging, battery swapping and advanced mobility. Infosys will bring its expertise in digital technologies.
The artificial intelligence-based EaaS solution will enable bp and Infosys to manage energy assets, provide low carbon power, low carbon heating/cooling, and low carbon mobility to campuses.
Infosys will pilot the solution in India to improve access to reliable low carbon energy and mobility options, use energy more efficiently, and to optimise supply and demand across multiple users and assets, without having to invest in additional energy infrastructure.
Once piloted at Infosys’ Pune campus, if successful, the technology will be extended to other Infosys campuses before being offered to help manage energy and reduce emissions at industrial and business parks, as well as cities.
Pravin Rao, the CEO of Infosys, said, “Digitisation will act as a driver for decarbonisation and building work and living spaces of the future. With the present advancement in technology, we can create solutions that provide positive impulses, transparency, control, and enhanced decision-making. Infosys has had a long-standing commitment towards sustainability. We have crafted ambitious ESG goals for the next decade, continuing to focus on reducing emissions and co-creating solutions for a no/low carbon future. bp – our strategic partner for the last 16 years – shares our ambitions for a net zero carbon future and this partnership gives us a perfect opportunity to co-innovate and co-create the Integrated Energy and mobility offering leveraging Infosys digital prowess and bp’s expertise in sustainable energy solutions. Together we will strive towards a cleaner and greener future.”
Enlit Europe hosted a discussion on the growing challenges for grid operators as the energy sector transitions to become smarter. The discussion unpacked how utilities can leverage advanced analytics, in particular Artificial Intelligence, to overcome these challenges. Listen to the on-demand session here.
Infosys achieved carbon neutrality in 2020 – 30 years ahead of the timeline set by the Paris Agreement whilst bp has an ambition to become a net zero company by 2050.
Sashi Mukundan, president, bp India and SVP bp group, said, “Integrated energy and mobility solutions have huge potential to enable clean cities powered by low carbon energy, and digital platforms are a vital component. Through this strategic collaboration bp and Infosys can combine our capabilities to manage energy for Infosys in India, and in time take this offer to other campuses, industrial parks and cities, to help the world decarbonise faster.”