Chief Quantum Scientist @ E.ON | 2x Quantum Computing Innovator of the Year | LinkedIn Top Quantum Computing Voice | Co-founder Nova Spraytec
Happy to share the joint work of E.ON Digital Technology and IBM Quantum is featured in this excellent book describing potential #businessadvantage using #quantumcomputing. Under the hood is a novel #sublinear runtime algorithm for computing energy contract #grossmargins based on Monte Carlo simulations of weather and gas prices.
I’m extremely proud to see the results of the joint E.ON and IBM work on the potential of quantum computing to improve energy portfolio risks featured in both IBM’s “The Quantum Decade” and Forbes! Our team has put in a great effort to explore the potential of applied quantum computing for energy transition challenges. Weather-related risk mitigation is crucial not only to E.ON’s business model but also to secure energy price affordability. In collaboration with IBM Quantum, we have implemented quantum computing strategies to conduct complex Monte Carlo simulations across various factors like locations, contracts, and weather conditions. At E.ON, we are committed to driving innovation and shaping the future of energy. Our quantum computing research is just one example of how we continuously advance the boundaries to create a sustainable and efficient energy world for all. Access IBM’s “The Quantum Decade” https://lnkd.in/dTjqRRe8 Read the full Forbes article https://lnkd.in/d7HB_KrK #eon #eondigitaltechnology #welovetechnology #quantumcomputing Gabriele Agliardi Kavitha Yogaraj Kumar Ghosh Dr. Corey O'Meara Naeimeh Mohseni Piergiacomo Sabino Marina Fernández Fernández-Campoamor Dr. Juan Bernabe Moreno Francesco Tacchino Antonio Mezzacapo Omar Shehab Raja Hebbar
Anindya J.