AI

“Up until about six months ago, if you'd asked people in the energy business or in climate tech about the hottest areas of tech innovation, artificial intelligence might have topped the list for some people, but probably wouldn't have gotten into the top five f…”

“Conditioned or not conditioned on AI, P-Doom is high for the grid, right? We are dealing with climate change and extreme events. We are dealing with a lack of, you know, planning for these things as we saw in Texas, for example. So I don't know that AI increas…”

“You know, I've always thought of AI as the most profound technology humanity is working on. More profound than fire or electricity or anything that we have done in the past.”

“Once we do, I think it's going to really be an exponential change, because this will just become the industry standard, and the paradigm will shift, and then everyone will say, well, why would I put an asset out on the grid that's not AI ready and smart? It'll…”

“It's sort of a subcategory where you're going to see a lot of AI integration into existing products, but there's not going to be this like AI only category and climate tech. It's going to be a part of many of the other existing climate tech categories”

“That is a level and complexity of forecasting that we do not have today in the distribution grid, and AI is going to be a really powerful tool to unlock that.”

“I think it's entirely possible to use artificial intelligence, to use, ah, layered data sets to predict. In the same way that we get notifications that we're pre-qualified for a loan or a higher credit card rate, we're pre-qualified for income-eligible financi…”

“Average use of AI, so not like building deep fakes, but just like, you know drafting emails, that kind of thing that I, you know, I think everyone will be doing soon enough. That kind of average use has because of the computing demand involved, has the environ…”

“It didn't, again, fundamentally change anything, at least in climate tech.”

“Unfortunately, from a scientific standpoint, the most valuable thing to AI is the two examples. But you know that those scientists did not just do two experiments. You know that those scientists did months and months and months of work and refinement and faile…”

“We'll find a way to make more chips. There's a lot of capital in that space. I, I'm more concerned about can the electrons keep up with the growth.”

“So I generally think that we should proceed with the technology innovations that we're seeing. And in fact, we may not really have the full control over not doing so. And that the advances that we will get in emission reduction and energy consumption reduction…”

“I think that's a big shift that has taken place, that in production by companies that are serving real customers, AI is used much more commonly. So a shift from hard-coded, pre-set-up, fully visible models into more machine learning and AI.”

“I think the amount of utilities that have fully productionized use cases for AI live is relatively small.”

“But an autonomous super brain for the electric grid is a long way off if it ever fully materializes.”

“Google estimates that 15% of their load growth is going to be AI or is AI right now, right?”

“Goldman Sachs had a study a couple of years ago and the, it, the global impact in GDP is trillions and it's in the low percentages, one to five potentially, depending on the time frame.”

“We delivered ten million forecasts in under 10 minutes a decade ago, right? So I think the idea that somehow AI is being newly incorporated into technology is false. Many companies have been around and have been actively incorporating these new technologies.”

“I'd be surprised if we and EIP and others like us don't have in two or three years at least a couple of companies who have, you know, an AI co-pilot or something where AI is the core offering of what they're doing.”

“AI right now is using about one to two percent of our electricity, and some reports expect it to maybe triple by 2030.”

“AI is not a special unicorn that requires a gas plant to meet its electricity demand.”

“The latest version of that that I'm very worried about is large tech companies acknowledging, hey, you know, we're not going to lose this AI thing. I think they're going to blame it on China and say, hey, it's a national security. Security thing we can't lose,…”

“I do think that AI, you know, the ultimate complex system is the grid. I think that AI applied to the grid itself may actually finally deliver us This smart grid that we've all been talking about for decades.”

“AI doesn't change our sustainability goals. We're still buying CDR in pursuit of our carbon negative goal. And the AI hasn't really changed that target for us. It just increased the importance of a net zero world still needs to be possible in it, despite the A…”