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Artificial intelligence can make power firms more efficient: consultancy


AI could be used heating, lighting and other household appliances to help them adapt to the daily habits of consumers and use energy more efficiently, Roland Berger said. — Bloomberg

AI could be used heating, lighting and other household appliances to help them adapt to the daily habits of consumers and use energy more efficiently, Roland Berger said. — Bloomberg

FRANKFURT: Utilities can increase their efficiency by using more artificial intelligence (AI) technology, such as software to predict demand swings in the power grid or to control home appliances, consultancy Roland Berger said. 

European utilities could achieve efficiency gains of up to a fifth over the next five years using such technology, it said, adding that less than a quarter of firms had a strategy to do this. 

   

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