An informal panel-style session with panellists sat in a circle surrounded by the audience. After an initial conversation, led by a facilitator and the panellists, the audience will be invited to comment on and ask questions to the wider group.

A recent IEA report on the relationship between energy and AI found there are only 22,000 AI specialists globally across all industries, and 61% of large businesses surveyed in the US and UK, reported a lack of staff with sufficient AI experience. As a result, all industries are competing for a limited skill set. Many energy companies are approaching this challenge through the upskilling and retraining of their existing workforces, as well as implementing innovative new programming such as back-to-school initiatives. However, cost-effectively achieving this, at scale, while managing the increased power demand for all of the above is a challenge.

Attendee insights:

Learn through case studies and demonstrations how digital twin technology can be used to overcome challenges when it comes to implementing pre-emptive physical asset monitoring.

AI has and will continue to revolutionise the energy sector, driving digitalisation and predictive capabilities. To maximise the increased efficiency and productivity AI and machine learning can deliver, open technology standards that foster greater data interoperability will be essential to overcome many of the cybersecurity and data management concerns. Organisations like the Trusted Energy Interoperability Alliance (TEIA) - which aims to create standards and agreed-upon formats and protocols for secure and interoperable data communications within the energy system—and the Open AI Energy Initiative (OAI) - an open ecosystem of AI-based solutions for the energy and process industries - are working toward this. To mitigate risks, businesses must standardise security formats, and compliance requirements for energy hardware and software, and develop internal AI specialists to deliver transformation at scale.

Attendee insights:

In this Action session, gain exclusive insights into the standards being developed by the TEIA and OAI and how they can be implemented by businesses to achieve an interoperable and trusted energy ecosystem.