Uses of AI in the Energy Sector

Artificial intelligence (AI) is having an impact throughout every industry, and AI in the energy sector is no different.

The modern energy sector is creating massive amounts of data from sources like smart meters and renewable energy sources. While this information is currently harnessed by energy providers to affect things like energy prices, AI could enable this data to be used to derive insights in new and innovative ways, including via machine learning.

Energy usage efficiency

Businesses and consumers should use these new insights and data to be more efficient with their energy usage. Businesses who implement their own AI energy management solutions will be better placed to take advantage of other innovations. This includes smart grids and large savings.

Accuracy of cost calculations

Ofgem’s Market Wide Half Hourly Settlement will begin in December 2026. This initiative will provide more data, and this will improve the accuracy of cost calculations. The smart metering technology required to implement this will allow businesses and consumers to have more control over their usage and be able to measure their usage more accurately.

Supporting net zero goals

All this data will further enable the use of AI in energy management. The implications are not just about cost though. New ideas will support net zero goals.

Businesses and consumers will use less energy. They will get help from insights. Energy providers will manage their supplies better. This means using fewer fossil fuels. They will also use more renewable energy.

AI in the energy sector to support net zero goals

Using more renewable energy sources

Furthermore, people expect onsite energy generation to become more popular. This is because tools for managing these systems are becoming cheaper and easier for building managers to understand. As a result, people will use more renewable energy sources.

AI and data offer many opportunities for the industry. Apertus Group intends to stay ahead of the curve as these new technologies become more widespread.

Learn more about how Apertus Group can help you take control of your energy.