China Is Leading the World in the Clean Energy Transition. The country spends like no one else on renewables and has reshaped the global market. Xi Jinping gives a video address at the United Nations Climate Summit. Speaking by video at the UN Climate Summit in New York last week, China's president Xi Jinping laid out his country's climate ambitions. While the stated goals may not have been aggressive as some environmentalists would like, Xi at least reaffirmed China's green commitment.

Using artificial intelligence in conjunction with other clean energy sources such as wind farms can save investors $1.3 trillion in energy transitions over the next 30 years, according to a report from U . Artificial intelligence (AI) can help achieve greater energy efficiency, accelerate a clean energy transition and reduce costs, especially by helping with renewable power generation, demand forecasting and management, and grid operation and optimization, according to the report. An additional AI investment of $188 million will help extend the life of grids. The U report also highlights the growth in a variety of energy uses over the next 30 years. For example, renewable energy will increase from 1.5 terawatts to 12 terawatts and battery storage will go from 11 gigawatts to 1.3 terawatts.

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.

AI applications are transforming business operations and processes in the power sector as well as the broader economy, 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. 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. This is according to an assessment released by Eurelectric, AI Insights: The Power Sector in a Post-Digital Age. First, AI can enable a faster decarbonisation of the power sector.