Groarke: US smart meter penetration is over 70%
David Groarke · The early days of AI on the grid · Mar 8, 2024 · at 4:23
Managing Director at Indigo Advisory David Groarke discusses historical smart grid investments with Shayle Kann.
0:00 / 0:04exact quote · 4.3s
720p mp4 · rendered on demand · StarZero watermark
“All of these smart meters were at over 70% smart meters in the US.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from David Groarke
Groarke: AI is not creating a massive new utility market
“I can't say that there is an enormous new market emerging because of AI. As a result, I think AI is kind of riding the wave within the sector.”
Groarke: Modeling grid physics is the primary barrier to full automation
“The primary reason why, you know, we're not on a path Towards, you know, full automation, and there's, you know, been a spade of use cases launched is just modeling grid physics accurately is incredibly difficult, right, for an algorithm. So, you know, solutio…”
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: 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.”