COVER STORY
PRECISION CABLES IS SUPPORTING THE RAPID, SAFE AND INTELLIGENT ROLLOUT OF THE INFRASTRUCTURE NEEDED TO MAKE ELECTRIFICATION A REALITY…
Powering the electrification revolution
Precision’s innovative cable solutions meet the needs of diverse applications to leverage the opportunities provided by electrification. The electrification revolution refers to the ongoing process of transitioning from fossil fuels to electricity as the primary source of energy in various sectors, including transportation, heating and industrial processes. This shift is driven by the need to reduce carbon emissions, improve energy security and leverage cheaper and more reliable renewable energy sources. The electrification revolution has two key aspects: the increasing demand for electricity due to new technologies such as electric vehicles and AI, and the growing supply of renewable electricity from sources like solar and wind. While the global energy demand is expected to remain stable over the next 30 years, the electricity share of the total energy mix is expected to double from 20% to 40% over the same period, mainly because of the shift of fossil fuel-based applications – such as gas heating or internal combustion engines
“Electrification is at the core of national decarbonisation strategies, impacting everything from transport and housing to utilities and heavy industry.”
12 | IRELAND’S ELECTRICAL MAGAZINE
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