Francisco Lamosa’s Post

AI is a powerful tool that demands a significant amount of electrical power to operate. As our reliance on AI continues to grow, a critical question arises: Are we adequately equipped to meet its power requirements? While we are phasing out fossil fuel power plants for sustainability reasons, are we sufficiently preparing for the future energy demands of AI technology? Read more about this AI power paradox here: https://lnkd.in/eWCmbjYM

How AI can help energy efficiency gains

The AI Power Paradox The energy needed to train AI models is draining the power grid. But AI may also be key to sustainable energy management. #digitaltransformation #artificialintelligence #automation #modernization #replatform #AI

The challenge is to balance the progression of AI with the imperatives of sustainability and associated energy needs.

🌟 𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗶𝗻𝘁𝗼 𝗔𝗜'𝘀 𝗥𝗼𝗹𝗲 𝗶𝗻 𝗘𝗻𝗲𝗿𝗴𝘆 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁! 🌟    The recent study published in MDPI highlights the transformative impact of Artificial Intelligence (AI) on energy management and environmental sustainability. This comprehensive research, examining 18 projects across diverse sectors, reveals AI's significant contributions to energy efficiency and emissions reduction.    AI's ability to analyze large data sets allows for the identification of consumption patterns and optimization of resource utilization. This results in more efficient energy use, lower operational costs, and reduced carbon emissions.     The study also emphasizes the strategic business benefits of improved energy efficiency, such as reduced costs, better quality, and timely delivery. However, the research notes challenges, which need to be addressed to fully realize AI's potential in energy management.    Most of these large data sets for such use cases consist of time series. PowerTSM(R) www.powertsm.com, our cloud-based time series technology, ensures that this data is made available efficiently and quickly.    Looking forward, the integration of AI in energy management is expected to continue growing, driven by its proven benefits and the ongoing push for sustainable practices. Businesses are encouraged to adopt AI-driven solutions to enhance their energy efficiency and contribute to a more sustainable future.    For more details, you can read the full article: https://lnkd.in/d5Y3DzTV    Clemens Wasner David Garrett Danielle Nuzzolo Lionel Costes Eveline Ruehlin #AI #EnergyManagement #Sustainability #Innovation #Cloud #MyTimeSeries 

The AI Revolution's Energy Appetite May Push Up Power Prices While the new technology is already making an impact on businesses and consumers, the enormous amounts of energy needed to power AI data centers -- and the rise in carbon emission impacts -- may offset its benefits. #AIRevolution #EnergyApetite #PowerPricesMayGoUp https://lnkd.in/gJwbKnXx

Realizing AI’s potential for sustainable value creation requires building confidence, taking a holistic approach and augmenting people potential. Interrelated climate change and biodiversity impacts are accelerating. Yet, the global response lags and corporate progress has stalled. AI can help us close the sustainability gap by helping us overcome complexity to arrive at insights more rapidly and make faster, more responsible decisions. This creates self-reinforcing, positive acceleration. Realizing this potential depends on building confidence in the sustainable development and deployment of AI, taking a holistic approach to applying AI to sustainability challenges, and augmenting the potential of people to make sustainable impact by democratizing access to GenAI. #climatechange #GenAI #AI

The addition of new sources of electricity also has repercussions on the grid. Utilities must do more than generate power—they have to manage and dispatch that electricity to ensure it meets demand instantly, wherever it arises. Ironically, AI—one of the primary trends challenging power management—is among the industry’s most powerful tools in adjusting to the new environment.

The The Economist's recent article explores the role of AI in reshaping power networks, a process crucial for meeting the demands of AI data centers while transitioning to a digital and decarbonized era. The article highlights the potential of AI, alongside other advancements, to optimize existing grids. Projections suggest that AI could unlock substantial transmission and distribution capacity without extensive infrastructure expansion—a promising prospect for the industry. At Looq AI, we're proud to be part of this transformative journey. Our innovative solutions are aimed at modernizing grid infrastructure, encompassing both advanced hardware and software solutions. By addressing the challenges utilities and grid operators face in managing the evolving energy landscape, we're helping to pave the way for a more efficient and sustainable future. Collaborations between AI startups like ours, investors, and utilities are driving the adoption of these cutting-edge technologies. Together, we're helping to reshape the energy sector and ensuring a brighter, more sustainable tomorrow. Visit 👉 https://www.looq.ai/ https://lnkd.in/gNy5VgyC #GridModernization #Sustainable #AI #DigitalTwins #Infrastructure #Utilities #Investors #Powerline #Transmission #Distribution #TechStartUp

Can AI be used to transform the energy industry? Yes, but while it holds great promise, solutions will only be as good as the data you feed them with. Here are some potential applications to get inspired by.