As AI transforms the power sector ethics and governance take centre stage

Artificial intelligence applications are transforming business operations and processes in the power sector, leading to greater cost savings, increased efficiency and new services for consumers. But further developments rely on the ability to foster and support innovation, addressing outstanding matters related to investments, data access and governance, as well as ethics. This is according to an assessment released by Eurelectric, AI Insights: The Power Sector in a Post-Digital Age. Eurelectric believes that by 2025, 81% of the energy companies will have adopted artificial intelligence, reaping the numerous benefits of accelerated developments in this field and fast tracking the clean energy transition. First, AI can enable a faster decarbonisation of the power sector.