Generative AI: Powering the Future of Energy & Utilities
Generative AI is transforming the energy and utilities industry by addressing critical challenges such as growing energy demand, rising costs, and aging infrastructure through optimized operations and predictive maintenance capabilities. Energy companies currently face difficulties managing disparate data sources across operations, supply chains, sensors, and customer information, but generative AI-powered assistants can help by simulating processes, diagnosing equipment issues in real-time, and providing operational support. By implementing generative AI solutions, energy organizations can reduce operational costs, improve energy management efficiency, enhance market competitiveness, and create more resilient systems across asset maintenance, grid management, trading, and customer service functions.