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PodChats for FutureCIO: Reshaping the future of the energy sector
The value of the renewable energy market is set to grow from $880 billion to nearly $2 trillion by 2030.
Artificial intelligence (AI) is having transformative effect across energy and utilities. It is used to forecast demand and manage the distribution of resources, to ensure that power is available at the time and place it's needed with a minimum of waste. This is particularly important in the renewable energy industry, where it often can’t be stored for long periods of time and has to be used close to the time and location where it is generated.
The World Economic Forum predicts that AI…
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