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The early days of AI on the grid

The early days of AI on the grid

FromCatalyst with Shayle Kann


The early days of AI on the grid

FromCatalyst with Shayle Kann

ratings:
Length:
38 minutes
Released:
Mar 8, 2024
Format:
Podcast episode

Description

The first wave of digital grid infrastructure in the U.S. didn’t quite deliver on its promises. More than 100 million smart meters have rolled out across the country, buoyed initially by billions in federal funding. But instead of using them for exciting things like time-of-use pricing and automated demand response, utilities used them for more mundane things like automated billing, according to a whitepaper from Guidehouse. 
Could the new wave of AI-based grid tech be different?
In this episode, Shayle talks to David Groarke, managing director at the energy consultancy Indigo Advisory Group, who co-authored a forthcoming Latitude Intelligence report on utilities and AI.
David says that AI is showing promise so far. Unlike the first wave of hardware-focused advanced-metering infrastructure, AI leans heavily on relatively cheap software and data. He also says that AI’s capabilities are advancing quickly (“doing pressups” as the Irish say) by improving algorithms, handling more tasks, and improving efficiency. 
David and Shayle cover use-cases and other topics like:

Wildfire management, using data from cameras, lidar, and satellites

Customer propensity modeling, including detecting EVs to aid with infrastructure planning

Automated and personalized communication with customers

Predictive maintenance of substations and other grid infrastructure, using data from, for example, computer vision to detect corrosion and reduce downtime

Optimizing transmission capacity by moving from static ratings of transmission lines to real-time ratings

Whether incumbents or startups are leading the development of these AI-based solutions

David’s take on whether AI’s impact on utilities will be revolutionary or incremental


Recommended Resources:
Latitude: Welcome to the smart meter’s second act
Latitude: AI is simplifying complex decisions for utilities
Latitude: Seven ways utilities are exploring AI for the grid
Latitude: Could AI-fueled weather forecasts boost renewable energy production?

Catalyst is supported by Antenna Group. For 25 years, Antenna has partnered with leading clean-economy innovators to build their brands and accelerate business growth. If you’re a startup, investor, enterprise or innovation ecosystem that’s creating positive change, Antenna is ready to power your impact. Visit antennagroup.com to learn more.
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Released:
Mar 8, 2024
Format:
Podcast episode

Titles in the series (100)

Investor Shayle Kann is asking big questions about how to decarbonize the planet: How cheap can clean energy get? Will artificial intelligence speed up climate solutions? Where is the smart money going into climate technologies? Every week on Catalyst, Shayle explains the world of "climate tech" with prominent experts, investors, researchers, and executives. The show is a co-production of Post Script Media and Canary Media.