Press Release
Zurich, Switzerland
20-04-2021
2 min read
Hitachi ABB Power Grids launches EconiQ™ – exceptional solutions for the environment
The EconiQ™ portfolio of products, services and solutions contribute towards a carbon neutral-future and accelerate the green energy transition
Hitachi ABB Power Grids today launched EconiQ™ – its portfolio of products, services and solutions that are proven to deliver exceptional environmental performance. With EconiQ, the global technology and market leader is reinforcing its commitment towards a carbon-neutral energy future.
Hitachi ABB Power Grids has pioneered many of the world’s technological breakthroughs in the transmission and distribution of power as the partner of choice for enabling a stronger, smarter and greener grid. The business has been consistently investing to address the growing demand for eco-efficient solutions from its customers and partners. This demand is closely connected with the decarbonization goals combined with the increase in global electricity consumption, which the business has predicted will more than double from 20 percent (today) to over 40 percent of total energy demand by 20501.
Hitachi ABB Power Grids’ EconiQ portfolio is sustainability-oriented in design to deliver a superior environmental performance compared to conventional solutions. Its High Voltage Products business today announced the use of a game-changing alternative insulation gas for high-voltage equipment, accelerating the adoption of an eco-efficient industry standard solution to sulfur hexaflouride (SF6). Containing no SF6, the EconiQ high-voltage portfolio supersedes the business’ AirPlus products and has been proven to more than halve CO2 equivalent emissions throughout the total lifecycle2.
“Together with our customers and partners, we are co-creating innovative solutions for accelerating the transition towards a sustainable energy future,” said Claudio Facchin, CEO, Hitachi ABB Power Grids. “Now more than ever, pioneering technologies such as the EconiQ eco-efficient portfolio are needed to move towards a carbon-neutral energy system.”
EconiQ is Hitachi ABB Power Grids’ eco-efficient portfolio for sustainability where products, services and solutions are proven to deliver exceptional environmental performance. At the forefront of sustainable innovation, Hitachi ABB Power Grids is powering good for a sustainable energy future.
1 Hitachi ABB Power Grids study based on reports by IEA, BP, BNEF, DNVGL, Exxon mobile, Total, Shell, Irena, McKinsey, IPR.
2 Hitachi ABB Power Grids uses Life Cycle analysis to measure the environmental performance of its EconiQ portfolio
About Hitachi Energy
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.
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