Applying artificial intelligence technologies across just four sectors, including both energy and transport, could boost global GDP by more than US$5 trillion (£3.82 trillion) while slashing emissions, a new report has found.
National Grid’s Electricity System Operator (ESO) unit has placed system stability at the top of its innovation priority list, while issuing a “call to arms” for the energy industry to collaborate further.
European utility Enel has turned to AI software provider C3 to work as a strategic partner of big data platforms and applications across the entire business in a move which it says will strengthen its position at the top of the energy transition.
Historic datasets and artificial intelligence are to be used to help Western Power Distribution (WPD) predict where new energy technologies like electric vehicles or solar panels will be deployed in the future.
International battery brand Duracell is set to launch a home energy storage system in partnership with a UK energy supply and services company that will use Artificial Intelligence to boost the revenues currently available to homeowners by 400%.
E.On is to release a new smart home technology platform allowing households to aggregate the data and capacity of their electrical devices to manage their energy consumption and even trade it on the market.
Artificial intelligence (AI) could be used to potentially halve the number of power cuts across the UK’s energy system if a new trial being conducted by UK Power Networks (UKPN) and Scottish and Southern Electricity Networks (SSEN) is a success.
United Utilities has become the latest intensive energy user to turn to artificial intelligence and demand management to help trim its energy consumption.