Powering a Clean Energy Future: Green Innovation Starts with Data
Utilities have invested heavily in new technologies, including renewables and smart grid solutions. Carbon-neutral energy sources, including renewables and nuclear, now account for roughly 40% of power generation in the U.S. and that share is expected to continue growing, especially as the incoming administration encourages further investments in green energy. The Biden administration envisions a carbon-free power-generation market by 2035, and a recent report from UC Berkeley’s Center for Environmental Public Policy estimates that investments in green technologies over the next 15 years can inject as much as $1.7 trillion into the economy and create millions of new jobs.
Against this backdrop, utilities need the ability to identify and invest in the right green solutions, while continuing to provide reliable, cost-effective power to their customers. Utilities that are leading the charge are effectively using data for energy savings, better load shaping and more, effectively targeting customers with personalized solutions that align with their clean energy goals. This keynote presentation, delivered at the Parks Associates Smart Energy Summit 2021, profiles energy companies that have staked out a leadership role through their effective use of artificial intelligence (AI), machine learning and data analytics to help them operate more efficiently; help consumers manage their energy usage; and integrate new technologies and solutions into customers’ homes. By profiling energy suppliers that have committed to data-driven transformation, this presentation will provide a road map for other utilities that are looking to build a greener, more efficient future for themselves and their customers.
- Understand how AI and machine learning technologies applied to customer data produce an accurate picture of how consumers actually interact with energy.
- Cite the ways in which data analytics is enhancing utility customer engagement and business processes around clean energy initiatives, like electrification and decarbonization.
- Demonstrate actionable ways in which utilities can start now with their existing data to personalize their customer interactions and accurately target them with products and services that drive adoption of EVs and solar PV.