Energy prices can be managed better with Artificial Intelligence

The global energy industry is facing fundamental shifts in the way it generates, sells and distributes power. The pressure is on to cut carbon emissions and, as a result, methods must be found to manage the increasing gigawatts of unpredictable, weather-dependent renewable energy flowing on to power grids. The cost of electricity is also a concern, not just for consumers, but for governments keen to keep their voters happy. In short, there is a global demand for clean, cheap, reliable energy – and artificial intelligence (AI) is increasingly being used to help meet this need. Enabling the growth of low-carbon, green electricity is an AI application with a potentially huge long-term impact.