The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Groarke: Utility operations and maintenance costs are rising 40% annually
“O&M in the utility sector generally going up 40% per year per utility.”
Groarke: Half of the utility workforce will retire in 10 years
“50% of the workforce is going to retire in the next 10 years. You can see that happening right now. So you have this kind of field technicians are leaving, right?”
Groarke: Google estimates AI drives 15% of its load growth
“Google estimates that 15% of their load growth is going to be AI or is AI right now, right?”
Groarke: Power delivery infrastructure cost nearly equals generation cost
“Just the cost of infrastructure needed to deliver power is nearly equal to the cost of generating power itself, right?”
Groarke: Power sector OPEX is increasing about 14% annually
“OPEX costs are up about, you know, 14% a year.”
Groarke: Utility LLM use focuses on enterprise tasks, not grid operations
“We're seeing some application of LLMs across the industry, but usually at the enterprise level around regulatory documents around, you know, generating text or guidance. Less on the actual power sector side of the operation itself itself.”
Groarke: AI predictive maintenance cuts utility equipment downtime by up to 50%
“You can reduce downtime Of some of these critical components by like, 30, 50%.”
Groarke: Grid AI market is worth billions across 50-plus use cases
“It's worth billions. There's fifty-plus use cases depending on how you define a use case. There's hundreds of vendors in this space, from startups to conglomerates, the existing grid giants, Siemens, Schneider Electric, GE, etc.”
Groarke: Smart meter deployment in the US has reached 75%
“We're at 75% AMI deployment now in, in the US.”
Groarke: Utility R&D fell 75% following 1990s restructuring
“Since restructuring in the mid nineties R&D expenditure fell by about 75%.”
Groarke: US smart meter penetration is over 70%
“All of these smart meters were at over 70% smart meters in the US.”
Groarke: PG&E had a $1.3B wildfire rate case in 2022
“PG&E in, in, in 2002 22 had a 1.3 billion dollar rate case, right, for the wildfires that happened that year over a three-year period.”
Groarke: Utilities spend billions annually on vegetation management
“Anything that helps vegetation management, which utilities spend billions a year on collectively is interesting.”
Groarke: Duke and SCE use live AI for customer EV detection
“So that non-intrusive load monitoring, using external data, identifying consumption, and selling new products and services is happening now. And that's live at utilities, right? Just like the wildfire example there's live at Duke and Southern California Edison…”
Groarke: Utility AI startups raised $1.5B across 80 rounds since 2021
“Startups received 1.5 billion, right, from 80 rounds of funding in related to those deployments since twenty-twenty-one.”
Groarke: Grid data lacks the coverage required for real-time automated decisions
“The data right now is, is not available, right, for, let's say, real-time decision-making across the grid, right? Like, what we have is AMI, right, which is minutes to hours. We have SCADA, which is, you know, seconds to minutes, and then we have PMUs, which a…”