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%

United States News News

United States United States Latest News,United States United States 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.

Sure. Robotics does not.

Give it time...

Does this intelligence understand snow and it affects on power grids?

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 US

United States United States Latest News, United States United States Headlines

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

Artificial Intelligence Is Improving Energy Companies — Not Replacing WorkersSince the late 1990s, I’ve covered energy, beginning with the rise and fall of Enron — first as a magazine writer before becoming a columnist and editor. For nearly 10 years, I’ve been a columnist for Forbes, focusing on fossil fuels, renewables, and nuclear energy while expanding my coverage to include emerging technologies and environmental causes. My stories, which cover the globe, have appeared in, and have been cited by, dozens of publications and broadcasts. My features and my columns have also won several national awards. Twitter: Ken_Silverstein. Email: kensilversteineditorial.com Is that why my bill is 20% higher? I disagree
Source: Forbes - 🏆 394. / 53 Read more »