Set Alliance - Net Zero Together

Description

The SET Alliance builds on and strengthens the work completed by the Cooling as a Service (CaaS) initiative and the Efficiency as a Service (EaaS) project, both led by BASE since 2018 and 2020, with the support of the Clean Cooling Collaborative and the European Commission, respectively. The SET Alliance brings together the relevant stakeholders to deploy servitisation effectively. This includes involving the right technology partners, industry associations as well as financial partners for the appropriate type of funds to be provided for. Sustainable, clean and energy efficient solutions play a key role in tackling climate change. The global Servitisation for Energy Transition Alliance is a network of visionary entities. We aim to accelerate the deployment of sustainable, clean and energy efficient solutions to reach the path to net zero in a sustainable and circular manner, through the deployment of the innovative business model “Servitisation”. The SET Alliance was founded by BASE in Switzerland, and our members represent a diversity of the most innovative and successful companies that are engaged with and applying servitisation. We are made up of financial entities, technology providers, private and public entities, non-governmental organisations and associations. Servitisation is an innovative business model through which customers engage with solutions on a pay-per-use approach rather than purchasing the physical asset; therefore avoiding the upfront costs of expensive modern efficient systems, as well as all the risks and hassle that may be associated with adopting new technologies. Customers directly benefit from improved performance and reduced emissions while technology providers retain ownership of the equipment, remaining responsible for all costs related to the installation, operation, and maintenance of the asset. Servitisation enables a Circular Economy, encouraging manufacturers to design for reuse rather than obsolescence, to maximize efficiency and recover materials, thus supporting a circular economy. It is a model which benefits the people, the economy, and the planet. Digitalisation plays a key role in Servitisation. Remote monitoring and smart data algorithms enable the more effective and efficient operation of an asset, thereby improving overall life-cycle performance.

 website

Reviews