News Formal

Artificial Intelligence Is Improving Energy Companies — Not Replacing Workers

  • 📰 Forbes
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Artificial Intelligence is improving energy companies—not replacing workers

, a market intelligence business, says that spending on such technologies will more than double from $50 billion today to $110 billion in 2024.

The same AI tools can predict weather patterns. That will allow grid operators to more accurately gauge when wind and solar resources will be available for use. Reliability is therefore bolstered., we can focus on the need to reduce CO2 emissions and specifically, President Biden’s goal of becoming carbon-neutral by mid-century. According to Beyond Limits’ Krause, AI can reduce CO2 emissions between 1%-10% by improving industrial processes and reducing downtime.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs added dozens of global stocks to its 'conviction list' this year — here are 12The bank has added dozens of global stocks to its buy-rated 'conviction list' this year, from renewable energy firms to tech companies and semiconductor firms. Pro Pro $AMC AMC Pro this is terrible news
Source: CNBC - 🏆 12. / 72 Read more »