artificial intelligence

Energy and utilities companies are grappling with unprecedented challenges. With the cost of electricity surging by 28.5% in just five years, the average American now spends nearly $300 a month on utilities, leading to a rise in customer defaults and mounting bad debt. Global energy demand is only set to grow in the coming years […]

The artificial intelligence (AI) revolution is transforming our world, but it comes with an insatiable surge in data centers that are powered by an ever-growing appetite for energy. As AI and high-performance computing (HPC) applications proliferate, the tech industry faces a growing challenge: building the next generation of data centers and finding suitable locations with […]

$100 billion investment potential will enhance American competitiveness in artificial intelligence (AI) while meeting the growing need for energy infrastructure to power economic growth The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it. BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX announced on Sept. 17 the Global AI […]

In an era defined by rapid technological evolution and global labor shortages, industries face unprecedented challenges when it comes to service and maintenance. The energy landscape, in particular, has seen dramatic shifts, with distribution networks more complex than ever, plus uptime performance and system reliability an increasing priority across many different industry sectors. COMMENTARY It’s […]

As climate change accelerates, rising humidity is causing an increase in the number and severity of storms occurring in the northern hemisphere. An academic study found that the frequency of unstable atmospheric conditions increased by 8% to 32% over most land areas from 1979 to 2020. “Storm intensity is increasing much faster than the average […]

The danger of wildfires has risen dramatically over the past two decades as more extreme temperatures and more volatile weather patterns have increased the frequency and intensity of fires. The most prominent examples of this have been in the western U.S. and Canada, but wildfire risks are rising in every geographic area of North America. […]

The future of energy may depend on technology with roots in the video game industry, by a company founded more than 30 years ago that wanted to use accelerated computing to improve the look and feel of the gaming experience. Jensen Huang, NVIDIA’s CEO and president since co-founding the Santa Clara, California-based company in 1993, […]

In an era defined by rapid electrification, the widespread adoption of renewable energy sources, and sweeping digital transformation, the energy sector stands on the brink of profound change. As we cast our sights on 2050, utilities grapple with the colossal task of scaling up to meet burgeoning energy demands and reshaping their operations to be […]

Anticipation is mounting for the Connected Plant Conference (CPC), POWER and Chemical Engineering’s digitalization event, scheduled to take place next week, May 20–22, 2024, near Houston, Texas. If you are a professional in the power industry, here are 10 reasons you should attend the industry event that is uniquely focused deeply on the practical and business-oriented […]

Artificial intelligence (AI)-based platforms have taken the world by storm. Perhaps the best known of these is ChatGPT. OpenAI, the company that developed the innovative chatbot, released the tool widely to

Employing artificial intelligence (AI) in the power industry may seem like a futuristic concept, but the truth is that it’s available in several innovative applications today. Power companies that tap into

Maintenance plays a critical role in the energy/utility sector, ensuring the continuous and reliable operation of infrastructure such as power plants, transmission lines, and distribution networks. Regular maintenance activities help prevent equipment failures, minimize downtime, and ensure the safety of workers and the public. In an industry where uninterrupted service is essential for economic and […]

Artificial intelligence (AI) is rapidly transforming the power sector, offering unprecedented opportunities for efficiency and innovation. But as AI applications proliferate, new challenges are emerging. How will industry navigate the potential and challenges that accompany this digital revolution? Recent efforts to overhaul the long-established energy system in alignment with decarbonization and decentralization have introduced new […]

The use of remote monitoring is enabling operators in the electric power sector to gain better insight into the real-time performance of equipment and systems. Owners and operators of power generation equipment are working in a challenging environment, as more technologies are used to produce electricity, more generation facilities are sited in rural areas, and […]

Most countries will not meet zero-goals by 2050 based on current trajectories. It’s an unfortunate situation that needs to be taken seriously. While there are many factors delaying decarbonization efforts, the lack of clean energy-powered electric grids is perhaps the most significant barrier for nations. The United States is not exempt—despite the recent influx of […]

A Finland-based energy group has installed a pilot project at an industrial park in the country, touting it as a first-of-its-kind system supported by the use of artificial intelligence (AI). Exaum, founded in

The riskiest position for a company to take when it comes to its cyber governance, risk, and compliance (GRC) practices is the attitude that “it could never happen to us.” The truth is, risk is everywhere

The nation’s energy infrastructure is in dire need of change. Electricity demands are rising, but aging infrastructure, understaffed energy organizations, and shifting trends make it challenging to fulfill those needs. Power load balancing will be crucial in changing these circumstances, but conventional approaches aren’t sufficient. The answer lies in artificial intelligence (AI). AI and its […]

Artificial intelligence (AI) is becoming a ubiquitous part of our lives, impacting much of what we do at work and home. AI’s growth trajectory is expected to skyrocket, with new potentials identified to help address and solve today’s challenges and tomorrow’s opportunities. AI advances have been remarkable, but so far relatively little attention has been […]

Are the benefits of digital integrated power transformers worth it? Smart transformers with exciting new technologies like Internet of Things (IoT) and artificial intelligence (AI) are among the next generation of energy equipment hitting the market today. Many organizations are considering switching to these cutting-edge transformers, but are unsure about the pros and cons. What […]

Climate change is a threat multiplier. Clean-up costs are ballooning and natural disasters are growing more expensive. In 2022 alone there were 18 natural disasters that caused more than $1 billion in damage, up from only three events in 1980. These are taking a bigger bite out of the energy sector’s operating costs and profits, […]

Energy transition is progressively being adopted globally, pushing combined cycle gas turbines (CCGTs) to embrace flexible operation also on islands. CCGTs are, or will be, ramping loads up and down to accommodate intermittent renewable power inputs into the grid. These maneuvers compromise operational stability and jeopardize plant availability. Plant trips on small to mid-size islands […]

Although the utility industry is the backbone of any economy, it lags in adopting the latest technologies. This is evidenced by the fact that utilities are underperforming in customer satisfaction and retention and are struggling with high operating costs. However, the emergence of new competitors and local threats is forcing utilities to align their priorities […]

A modern town without power—shuttered stores, empty parking lots and useless traffic lights—can resemble an eerie, dystopian future where residents struggle to get what they need. This is the short-term reality for localities that have been victims of targeted substation attacks, which have been rising steadily for the past decade. COMMENTARY At best, these widespread […]

Shiftconnector Smart Search Accelerates Plant Floor Search Capabilities with AI Boston, MA – June 26, 2023 – Global software developer eschbach, provider of the Shiftconnector® enterprise software platform for process manufacturing, announces that its AI development team was awarded a 2023 Game Changer Award for its new Shiftconnector Smart Search functionality. The eschbach team was […]

The power industry’s rapid adoption of digitalization is a striking example of its dynamic innovation—the continuous development and introduction of new ideas, products, or processes to meet shifting

It’s been nearly seven decades since the first nuclear power station began operating. Thanks to digital transformation, this form of energy generation has never been safer—or more efficient. While the

LOUISVILLE, KY, March 27, 2023 – Schneider Electric, the global leader in the digital transformation of energy management and sustainability, has been chosen by Choice Hotels International, one of the largest and most successful lodging franchisors in the world, to provide AI-assisted technology to help more than 6,000 franchisees in the United States autonomously track […]

With the U.S. government funneling billions of dollars into new grid infrastructure, and private companies rolling out new systems to mitigate outages and developing artificial intelligence that can predict

The Inflation Reduction Act gave the power generation industry the push it needed to go all in on renewable energy. In the short term, we’ll see more solar and onshore wind. In the long term, we’ll have