AI and its associated technologies have the potential to accelerate this transition and to make clean energy cheaper for everyone. That is, if governments and regulators enable innovators to access energy system data. In traditional grids, energy flowed from a handful of fossil fuel-fired generators, to homes and businesses. In modern electricity grids, there are thousands of generating, distributing, storing and consuming energy assets like solar panels, wind turbines, batteries, EV chargers and heat pumps. This complexity poses a problem for how we can manage and coordinate modern grids efficiently and cost-effectively.
Important data that is needed to coordinate all of these assets and their activity effectively is often fragmented, locked away, limited, or hard to track down and use. Without visibility on when and where energy is generated, stored and used, we are consistently missing opportunities to create public value.
By unlocking key data and unleashing the potential of energy innovators, we can democratise the energy system and deliver benefits across the board, such as:-
- Lower, stable energy bills, leading to better economic and public health outcomes
- Energy grids that are resilient from global instability and price shocks
- Greater control to match energy supply to demand, reducing waste and inefficiency
- Global leadership in energy and technology, and the creation of high skilled and high paid jobs
- Greater public support for net zero
We need to Unlock Energy Data to turn the global energy transition into an engine of lower bills, resilience, innovation and growth.