Artificial Intelligence Will Be Critical For Renewable Energy Growth | OilPrice.com

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Artificial Intelligence Will Be Critical For Renewable Energy Growth | OilPrice.com
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As the global energy transition takes place, the importance of AI in grid management will grow as it will be increasingly vital to have accurate energy consumption estimates.

. One of the main ways in which AI will support an effective transition away from fossil fuels to greener alternatives is through grid management. AI and machine learning use data analytics to estimate the level of energy consumption across households in any given area. It considers a variety of factors such as time of year, peak and off-peak times, and weather conditions.

When it comes to solar power, AI can be used to determine the best sites to construct solar farms, based on the hours of sunlight and intensity. It can also help operators to plan the layout of the site so that solar systems catch the most sunlight. Once operational, AI technology can be used for automated decision-making to control solar panels as they rotate toward the sunlight throughout the day.

In terms of wind power, Danish renewable energy major Vestas Wind Systems has led the way in the digitalization of wind farms, using machine learning to constantly adapt and improve operations. On-site AI technology learns from the environment in real-time, mainly through trial and error, to create changes to enhance wind energy production.

Espen Mehlum, the head of the energy and materials program on benchmarking at the World Economic Forum, “You can use AI to both optimize the construction, siting and the operations of a wind farm, but more importantly, you can use AI to optimize across different systems, both when it comes to consumption but also production.” He added, “That’s where the huge untapped potential is for AI – we’re just scratching the surface and seeing the first use cases.

The digitalization of the energy sector is well underway, with almost all oil and gas and renewables majors incorporating a wide range of innovative technologies into their operations, for greater efficiency and production stability. AI technologies allow energy companies to predict a range of scenarios, ensure a reliable energy output for consumers, support grid efficiency, and adapt to anticipated and real-time changes to establish optimal conditions for production.

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