Dennis Jol

Dennis is a seasoned global executive with over two decades of commercial and operational leadership across the energy value chain. He specializes in scaling businesses and driving international expansion in complex, high-growth environments. Prior to joining AIQ as Chief Executive Officer, Dennis served as Vice-President International at DistributionNOW (NYSE: DNOW), a leading global supplier of energy and industrial products. Based in the UAE since 2007, he has led operations across more than 20 countries spanning the Middle East, Asia Pacific, Europe, Central Asia, the United States and Latin America, with a focus on business expansion, operational excellence, and digital enablement. Dennis began his career at National Oilwell (NYSE: NOI) and held multiple senior roles at National Oilwell Varco (NYSE: NOV), where he oversaw the distribution services group across the Middle East, India, CIS, and Asia Pacific. He was a key member of the leadership team that led the successful 2014 spin-off of NOV’s distribution group into its own publicly traded company DNOW. Over his career, Dennis has also led several strategic mergers and acquisitions to grow market presence and operational scale, globally. In addition to his corporate leadership, Dennis has served as Executive Director of GroupKZ in Kazakhstan, NOW India Pte Ltd, and as Commissioner of NOW Indonesia. He was also Chairman Emeritus of the Energy Workforce & Technology Council (EWTC) for the MENA and India region from 2015 to 2019. Dennis holds a Bachelor of Science degree from Purdue University in West Lafayette, Indiana, USA.

Session Overview

Wednesday, 5 November

12:40

Global strategy ICC Hall A 12:40 - 13:20

The AI impact: transforming the global energy system

AI technologies are set to redefine the future of organisations, catalysing a profound evolution in both business models and operational frameworks. Goldman Sachs Research projects global power demand from data centres will increase 50% by 2027 and potentially as much as 165% by 2030 (compared with 2023). While AI and generative AI offer unprecedented opportunities to maximise the potential of energy through optimised production, enhanced efficiency, predictive maintenance, and intelligent planning across the value chain, critical questions emerge about how we deliver the energy the world needs to meet this rapidly accelerating demand.

Technology leaders are embracing inclusivity by transforming renewable power purchase agreements and actively investing in revolutionary generation and storage systems, nuclear fusion and enhanced geothermal, while strategically positioning data centres for direct access to low-carbon power and developing AI solutions that advance a resilient, low-carbon, high-growth future.

While challenges remain, such as complex contracts and risk structures, the integration of AI into the energy sector, coupled with big tech's participation, is forging a more efficient, decarbonised global energy ecosystem driven by solution-focused collaboration.

Attendee insights:

Connect with pioneering energy and tech visionaries as they explore the future of the AI industry, especially how the energy demand-supply fundamentals are changing, the new routes tech companies are taking to meet their increased demand for energy and how AI can revolutionise operations in energy; a win-win partnership for the future.