Artificial intelligence in the energy sector

Alina Cherepovitsyna

Chapter 11 in Handbook of Research on Artificial Intelligence, Innovation and Entrepreneurship, 2023, pp 173-187 from Edward Elgar Publishing

Abstract: The world is on the verge of big changes. The new reality is boosted by both new challenges of the external environment and new breakthrough technologies. This chapter explores the opportunities and limitations of artificial intelligence (AI) adoption as the most breakthrough innovation of digital transformation, focusing on the energy sector. We analyzed AI policies in leading countries and revealed that AI development intensifies in parallel with the adoption of AI tools by the energy industry. Our review shows that AI can help to achieve global and ambitious SDGs, as well as it is capable of making the energy industry more sustainable. The chapter presents key potential applications of AI in the energy sector together with key related AI adoption challenges. We put more attention to the possible applications of AI solutions in the oil and gas industry as the backbone of the energy industry.

Keywords: Business and Management; Innovations and Technology (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781839106750/9781839106750.00020.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:19750_11

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().