AI and Energy: A New Horizon for Powering Our Future

Credit to Author: Contributed Content| Date: Mon, 02 Dec 2024 10:57:29 +0000

The energy industry finds itself in the midst of a transformative era. In 2023 alone, a record 31 GW of solar energy capacity were installed—a 55% increase from 2022—while battery energy storage systems

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Fig 1_Artificial intelligence

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New Technologies Driving Electric Grid Modernization

Credit to Author: Maximilian Weber| Date: Mon, 26 Jun 2023 15:59:38 +0000

Over the past couple of decades, the expected growth in electricity usage unexpectedly flatlined, leaving utilities with stagnant revenue, but aging infrastructure in need of capital investment. Then came the […]

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The Fourth Industrial Revolution and the Energy Trilemma

Credit to Author: Thomas Leurent| Date: Wed, 01 Jun 2022 17:31:27 +0000

The Fourth Industrial Revolution is arriving in a most timely manner to help resolve the world’s energy trilemma—the transition to net-zero, energy security, and energy affordability. For many years, the World Economic Forum (WEF) has been at the forefront of discussions on climate change and the Fourth Industrial Revolution. Below, I outline our key takeaways […]

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How Data—with Context—Will Drive a More Secure Energy Future

Credit to Author: Andrzej Golebiowski| Date: Tue, 08 Mar 2022 12:44:36 +0000

I’ve come to depend on the navigation system in my car. It predicts traffic jams, gives me the fastest route, informs me of store hours, and even tells me where to get a burger. To give me this experience, the navigation system draws on multiple data sources, puts it into context, and presents it through […]

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The POWER Interview: What Is a Digital Twin?

Credit to Author: Aaron Larson| Date: Mon, 27 Jan 2020 14:59:48 +0000

The post The POWER Interview: What Is a Digital Twin? appeared first on POWER Magazine.

The term “digital twin” is used frequently by tech-savvy power industry professionals, but what does it really mean? To get an insider’s perspective, POWER posed the question to Akshay Patwal, strategic business manager with Siemens Energy. Patwal leads the development and commercialization of digital business transformation projects, using big data platforms and analytics, to create […]

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6 Takeaways from POWERGEN International 2019

Credit to Author: Aaron Larson| Date: Wed, 27 Nov 2019 12:51:54 +0000

The post 6 Takeaways from POWERGEN International 2019 appeared first on POWER Magazine.

The POWERGEN International exhibition and summit—one of the world’s largest power-industry events with more than 750 exhibitors—was held at the Ernest N. Morial Convention Center in New Orleans, Louisiana, Nov. 19–21, 2019. POWER was there (Figure 1) to connect with leaders from the industry and report on the latest news from the show. Hot topics […]

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How Digital Technology Is Changing Power Plants

Credit to Author: POWER| Date: Wed, 02 Jan 2019 04:59:00 +0000

Digital technology is everywhere today including in most power plants. Computer hardware and software are changing the way plants are operated and maintained. Many technology experts will tell you that

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