AI ‘Will Have a Significant Impact on Energy Industry,’ EPRI Tells Congress

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AI ‘Will Have a Significant Impact on Energy Industry,’ EPRI Tells Congress


PRESS RELEASE

PALO ALTO, Calif., Oct. 19, 2023 /PRNewswire/ — Artificial intelligence (AI) supplies a robust device for power firms to ship an inexpensive, dependable clear power transformation. Today earlier than a U.S. House Energy and Commerce Subcommittee, EPRI Senior Technical Executive Jeremy Renshaw testified that events must collectively work on addressing in the present day’s AI challenges and tomorrow’s alternatives.

For greater than a decade, EPRI has been learning AI and its potential impacts on the power sector, and within the final 5 years, the institute has accelerated its actions round AI and information science. To date, EPRI has been concerned in additional than 70 tasks associated to AI functions within the power sector.

As EPRI analysis has discovered, AI may help power firms enhance effectivity of present property, help with wildfire threat analysis and early-stage detection, help vegetation administration and storm restoration, and optimize power utilization, amongst different advantages.

“AI permits computer systems and people to work together extra successfully to enhance security and reliability whereas lowering prices,” Renshaw testified earlier than the House Energy and Commerce Subcommittee on Energy, Climate, and Grid Security. “This is finished by permitting people to do what people do greatest – artistic considering and coping with new or unexpected conditions, whereas computer systems do what computer systems do greatest – fast, correct computations,” he mentioned.

“While AI has come a great distance in a brief period of time, there are nonetheless many extra alternatives to unravel present challenges in the present day, in addition to issues for moral and accountable use of AI,” Renshaw famous. Among urgent issues:

  • Data privateness and safety: AI fashions are usually educated on giant datasets, which can comprise personally identifiable info or different delicate information. Steps must be taken to make sure the safety and privateness of the info.
  • AI-assisted cybersecurity: EPRI and different firms are growing instruments to proactively monitor and handle suspicious cyber-related exercise.
  • Data: Without adequate amount and high quality of information, AI programs can doubtlessly produce inaccurate outcomes that can be utilized in decision-making processes.
  • Workforce coaching: People must be educated on how and when AI is the precise device to make use of and when it isn’t.

“Clearly, AI may have a big impression on the power business, seemingly each constructive and adverse. It is anticipated that, via the introduction of AI, utilities will have the ability to make the most of its advantages for sustaining or bettering security, affordability, reliability, effectivity, and environmentally pleasant power manufacturing,” Renshaw concluded.

A duplicate of Renshaw’s ready testimony is obtainable right here. To be taught extra about EPRI’s AI work, go to www.ai.epri.com.

About EPRI

Founded in 1972, EPRI is the world’s preeminent impartial, non-profit power analysis and growth group, with places of work world wide. EPRI’s trusted specialists collaborate with greater than 450 firms in 45 nations, driving innovation to make sure the general public has clear, protected, dependable, inexpensive, and equitable entry to electrical energy throughout the globe. Together, we’re shaping the way forward for power.

SOURCE EPRI

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