AI can power the green energy transition

illuminem summarizes for you the essential news of the day. Read the full piece on Forbes or enjoy below:

🗞️ Driving the news: The article explores the intertwined futures of Artificial Intelligence (AI) and the transition to clean energy, emphasizing the vast potential for economic growth and the significant investment in both sectors until 2030
• It highlights AI's role as an enabler for efficient renewable energy deployment and the challenges of managing its energy consumption

🔭 The context: AI enhances the efficiency of renewable energy sources and aids in balancing electricity supply and demand, while also finding application in fossil fuel extraction and increasing the efficiency of traditional energy sources
• The piece notes the dual nature of AI, as both a tool for advancing clean energy and a significant energy consumer

🌍 Why it matters for the planet: The intersection of AI and clean energy presents an opportunity to accelerate the energy transition, but also poses challenges, such as AI's substantial energy demands
• Addressing these challenges is crucial for ensuring the sustainable growth of both sectors

⏭️ What's next: The future will see further integration of AI in renewable energy and the necessity to manage AI's energy consumption
• Lessons from the energy transition may offer valuable insights for guiding the AI revolution towards a positive impact on humanity and sustainability

💬 One quote: "At ReNew, leveraging AI has not only improved our electricity output by up to 1.5% from existing solar and wind installations but also streamlined maintenance," highlighting the practical benefits of AI in renewable energy.

📈 One stat: "Globally, almost $3 trillion worth investment is being allocated between now and 2030 to lay the wires and infrastructure to transport clean energy," illustrating the scale of investment in clean energy infrastructure.

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