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AES enlists AI to boost its sustainable energy business

CIO Business Intelligence

-based company, which claims to be the top-ranked supplier of renewable energy sales to corporations, turned to machine learning to help forecast renewable asset output, while establishing an automation framework for streamlining the company’s operations in servicing the renewable energy market. million in its first year, contributed a $5.5

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Making Remarkable Energy Grids a Reality

CIO Business Intelligence

Energy Information Administration forecasts 47% higher global energy demand by 2050. [1] 2] But by 2050, as we collectively seek to meet net-zero targets, 90% of the world’s electricity is predicted to come from renewable sources. [3] The future is renewable Growth in energy demand is unlikely to change. EIA , October 2021. [2]

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Swiss energy services company uses machine learning to see the future

CIO Business Intelligence

That changed in 2017 when Swiss voters approved an energy act that would reduce the country’s dependency on fossil fuels by 2050. The combination of the smart meter data and weather forecast information would provide a calculated load profile in real-time, driving solar power production for the near future.

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Cloudera and AMD Spur Data Scientists to Take Climate Action

Cloudera

Participants can choose from the following categories for their prototype: Climate Smart Agriculture: With the world’s population expected to hit nearly 10 billion by 2050, finding sustainable ways to feed all of these people is critical for addressing global hunger as well as mitigating the climate crisis.

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Dawn of a new day for Africa: building a modern digital economy

CIO Business Intelligence

A report from non-profit Endeavor predicts that the market size of Africa’s digital economy could reach $712 billion by 2050 , fuelled by the nation’s young population, rising smartphone adoption, and increasing internet penetration. Africa’s digital economy and tech ecosystem is experiencing exponential growth.

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IBM and Microsoft partnership accelerates sustainable cloud modernization

IBM Big Data Hub

Its aggressive sustainability goals included achieving net zero emissions by 2050, making all packaging reusable or recyclable by 2025 and investing more than USD 3 billion globally over several years to drive momentum.

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Holistic asset management for utility network companies

IBM Big Data Hub

The grid itself must green to operate within the environmental, social and governance (ESG) objectives and become carbon neutral by 2050. Finding the right balance requires load forecasting and simulation to prevent net congestion. Economical optimization must factor in new market dynamics and ensure reliable operation.