How AI Can Reshape The Post-Subsidy Renewable Energy Market

#artificialintelligence 

With the status of current wind and solar subsidies in the U.S. unclear, the industry needs to brace for impact by making up for the increase in investment risk post-subsidies. A post-subsidy world means the renewable energy sector needs to successfully harness and utilize AI and smart data analytics to maximize investment returns. According to a report by the International Energy Agency, carbon emissions hit a record high in 2018. A new record high is likely in 2019, too. Global energy demand is rising exponentially due to forces like globalization, industrialization and exploding populations. We can't yet offset the full impact of these massive forces with renewable energy, but with the right advancements and integrations of AI and increased investment in renewable energy, we can scale to meet the challenge.

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