Groarke: AI is not creating a massive new utility market
David Groarke · The early days of AI on the grid · Mar 8, 2024 · at 32:34
David Groarke and Shayle Kann discuss whether artificial intelligence is catalyzing new market categories or augmenting existing utility operational software.
0:00 / 0:09exact quote · 9.4s
720p mp4 · rendered on demand · StarZero watermark
“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.”
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: 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.”