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Climate Rising
Using AI to Optimize Energy Demand
Nov 20, 2024
Pasi Miettinen, CEO of Sagewell, discusses how his company employs AI to optimize energy demand, which benefits both utilities and consumers. He highlights how their technology efficiently reduces peak electricity usage, lowering costs and mitigating environmental impact. Pasi explores the importance of smart data analytics in identifying energy-saving opportunities and the challenges within the utility sector. He shares insights on balancing financial viability with climate goals and offers career advice for aspiring professionals in AI and clean energy.
53:24
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Quick takeaways
- AI significantly enhances energy efficiency by enabling utilities to analyze data, reduce peak demand, and subsequently lower costs.
- The evolution of data analytics has shifted focus toward identifying effective energy efficiency programs, targeting resources for greater impact and benefits.
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The Impact of AI on Energy Efficiency
Artificial intelligence has transformed the landscape of energy efficiency, making it more accessible for companies and utilities to optimize their energy usage. Organizations now prioritize the quality of data over the type of models they use, shifting the competitive advantage to how effectively they can extract meaningful insights from the available data. This evolution underscores the importance of data analytics in revealing energy consumption patterns and enabling better decision-making. Companies like Sagewell have emerged by harnessing AI to drive significant changes in energy efficiency programs, illustrating that the data itself is now the key asset in the energy sector.
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Discover
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