Faculty’s Post

🌎 Discover the Transformative Power of Digital Twins in the Energy Sector 🌟 Dive into the blog post where me and my colleagues explore the potential that Digital Twin technology has to transform the energy sector.

Transforming hype into action when it comes to digital twins 💫 Take a look at the thoughtful piece by the inspiring Birgit Burk, Katrina Soderquest and Júlia Sala Bayo PhD explaining how to take pragmatic steps to get started with your digital twin strategy 👩💻 👩💻 👩💻

We're excited to share our latest insights on the pivotal role of AI in driving the energy transition. Our new blog post, "AI for Good: Leading the Energy Transition," explains how innovative AI solutions can help transform this sector. Read the full article: https://lnkd.in/df-ipz3f. A special thanks to Martino Bonalumi(PhD in Management Engineering – Energy and Environmental Management) for contributing to this article! Your insights and discussions are invaluable as we navigate this transition together. Let's engage, share, and collaborate towards a sustainable future powered by AI.   #AIForGood #EnergyTransition #SustainableFuture #ArtificialIntelligence #Innovation #Sustainability

#artificialintelligence (AI) can play an important role in solving some of the electric utility industry's biggest challenges. In this article, Jack Curtis outlines three ways AI is driving grid resilience while accelerating the transition to clean energy: 1. AI is redefining the potential of digital modeling by facilitating hyper-accurate representation of the real-life network; 2. AI augments field surveys with unprecedented context and consistency; and 3. AI's core strengths in pattern matching represent a critical unlock for the clean energy transition.

As AI continues to revolutionise industries and transform our world, it's crucial to ensure our technological advancements are sustainable. The growing energy demands of AI highlight the need for green energy solutions and innovative cooling technologies. Our latest blog explores the intersection of green energy, low energy cooling solutions, and AI growth. #sustainability #ai #RenewableEnergy https://lnkd.in/eikEmcMe

An incredibly important subject given there are people living in energy poverty whilst we in the first world enjoy the benefits of AI without so much as a second thought to the long-term impact. I'm all for AI (with the correct controls which are yet to be defined), but according to a WU researcher, training ChatGPT-3 required roughly the same amount of power as 1,000 average U.S. households would consume in a year!! And that was just the power required to train the model, never mind the daily use in the year since the research was conducted, nor the training of later versions! And let's not forget all the other chatbots out there - at this rate global power demand will soon exceed production! Something needs to change!

Artificial intelligence seems poised to revolutionize the energy sector thanks to its superior data analysis capabilities. Data analysis is a fundamental aspect of any energy operation — from determining where the best sites for development are to how much energy has been consumed for billing. AI can perform all of this analysis at a much more efficient rate than human workers, allowing them to focus more of their efforts on implementing these solutions. https://lnkd.in/gabDs-Bz

#AI increasingly seeps into all areas of our lives, and the energy sector is no exception! 💡 #ArtificialIntelligence is not just another tool. It is the key to unlocking the potential of the currently used forecasting and trading systems. Combining traditional forecasting methods with the possibilities offered by AI leads to increased accuracy and more efficient creation of various forecasts. Threefold in the energy sector, where every percentage point of prediction accuracy means cost savings and business opportunities for companies in millions of dollars. Moving forward, we can't do without AI, which is why in Lancelot we are already working to provide you with high-quality AI-powered predictions as part of our Lancelot FMS product as soon as possible. Find out more in our article! 📈 #lancelot #energysector #etrm #energytrading #powertrading #energy #energymarkets #energynews #energytransition

Using these tools, artificial intelligence could improve the sustainability of the energy sector by enabling the more efficient deployment of resources. Energy companies can both reduce waste and cut costs using analysis and forecasting generated by AI.