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Tuesday, November 26, 2024

AI ‘Will Have a Vital Influence on Power Trade,’ EPRI Tells Congress


PRESS RELEASE

PALO ALTO, Calif., Oct. 19, 2023 /PRNewswire/ — Synthetic intelligence (AI) offers a strong instrument for vitality corporations to ship an reasonably priced, dependable clear vitality transformation. As we speak earlier than a U.S. Home Power and Commerce Subcommittee, EPRI Senior Technical Government Jeremy Renshaw testified that events have to collectively work on addressing at this time’s AI challenges and tomorrow’s alternatives.

For greater than a decade, EPRI has been learning AI and its potential impacts on the vitality sector, and within the final 5 years, the institute has accelerated its actions round AI and information science. So far, EPRI has been concerned in additional than 70 tasks associated to AI purposes within the vitality sector.

As EPRI analysis has discovered, AI will help vitality corporations enhance effectivity of present property, help with wildfire threat analysis and early-stage detection, assist vegetation administration and storm restoration, and optimize vitality utilization, amongst different advantages.

“AI permits computer systems and people to work together extra successfully to enhance security and reliability whereas lowering prices,” Renshaw testified earlier than the Home Power and Commerce Subcommittee on Power, Local weather, and Grid Safety. “That is performed by permitting people to do what people do finest – inventive pondering and coping with new or unexpected conditions, whereas computer systems do what computer systems do finest – fast, correct computations,” he stated.

“Whereas AI has come a good distance in a brief period of time, there are nonetheless many extra alternatives to unravel present challenges at this time, in addition to issues for moral and accountable use of AI,” Renshaw famous. Amongst urgent issues:

  • Information privateness and safety: AI fashions are usually educated on giant datasets, which can include personally identifiable data or different delicate information. Steps needs to be taken to make sure the safety and privateness of the information.
  • AI-assisted cybersecurity: EPRI and different corporations are creating instruments to proactively monitor and handle suspicious cyber-related exercise.
  • Information: With out ample amount and high quality of knowledge, AI techniques can probably produce faulty outcomes that can be utilized in decision-making processes.
  • Workforce coaching: Folks have to be educated on how and when AI is the correct instrument to make use of and when it isn’t.

“Clearly, AI may have a big affect on the vitality trade, possible each optimistic and damaging. It’s anticipated that, by way of the introduction of AI, utilities will be capable to make the most of its advantages for sustaining or bettering security, affordability, reliability, effectivity, and environmentally pleasant vitality manufacturing,” Renshaw concluded.

A replica of Renshaw’s ready testimony is obtainable right here. To be taught extra about EPRI’s AI work, go to www.ai.epri.com.

About EPRI

Based in 1972, EPRI is the world’s preeminent unbiased, non-profit vitality analysis and growth group, with places of work all over the world. EPRI’s trusted consultants collaborate with greater than 450 corporations in 45 international locations, driving innovation to make sure the general public has clear, secure, dependable, reasonably priced, and equitable entry to electrical energy throughout the globe. Collectively, we’re shaping the way forward for vitality.

SOURCE EPRI

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