Tag «energy transition»

Urgent Action Needed to Ensure a Resilient Energy Transition Amid Severe Global Challenges

World Economic Forum’s new report, Fostering Effective Energy Transition 2022, says energy transition must address the challenges to environmental sustainability, energy security and energy justice and affordability The pace of energy transition needs to be supercharged, as demonstrated by recent spike in fuels prices, challenges to energy security, and the slow progress on climate action …

Artificial Intelligence is Critical Enabler of the Energy Transition, Study Finds

Artificial intelligence (AI) has tremendous potential to accelerate and support the global energy transition It can act as an intelligent layer across many applications to identify patterns, improve system performance, and predict outcomes of complex situations However, leading energy and technology experts say that there are several key barriers preventing AI from being adopted rapidly …