5 reasons why energy and utility companies should automate their processes

Automating your industrial processes can give you access to many benefits, including reduced energy costs, greener energy options, and personalised solutions to complex problems, among others.

The future starts with AI: AI, automation & robotics are safeguarding energy and utilities Industries – Q&A

Why does the Energy & Utilities future start with AI?

The future starts with AI: AI, automation & robotics are safeguarding energy and utilities industries

While the Energy and Utilities industries may not seem like the most obvious places to look when it comes to automation, robotics and artificial intelligence, they are actually some of the biggest potential adopters of these technologies.

Cutting costs with business process automation

Poor data quality is believed to cost businesses an average of $15 million per annum and 75 percent of UK firms expect automation improve their operating costs, and a 62 percent forecast will in-crease their profitability.

Iberdrola seeks innovative solutions to decarbonise industrial sector

It is looking for ad-hoc solutions for factories, such as improving the efficiency of the energy used while reducing carbon emissions ‘in a sustainable and cost-effective manner’

China’s first two concentrated solar plants get automated tech upgrade

The systems will automatically manage the transportation of heat to molten salt tanks for storage and control how power is fed into the grid

Automation and AI
Energy sector ‘is underestimating the value of AI and automation’

A new report from the Capgemini Research Institute suggests intelligent automation in the sector could save up to $813 billion over the next three years

SSEN invests £3m in ‘self-restoring’ network technology

It is expected to dramatically reduce the duration of unplanned power cuts

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Volkswagen announces job cuts as it accelerates towards EVs

The carmaker expects automation of routine tasks to result in between 5,000 and 7,000 job losses by 2023

Digital energy infrastructure
Businesses slash energy use by a quarter with digital upgrades

Schneider Electric says digitisation can be used to improve efficiency, reliability, safety and sustainability