Skip to main content

Powering AI

The outlook in energy and utilities

lp hero economist industry energy

For over 20 years, AI has been a powerhouse in the energy sector, streamlining everything from power generation to predictive maintenance for renewables. Industry leaders are excited about AI’s potential to supercharge the clean energy transition, making our grids smarter, safer and more efficient. And while generative AI is still in its infancy, energy companies are already harnessing its power to revolutionize customer experiences and transform operations.

hex image economist industry energy

While enhancing the customer experience is currently the top area for AI implementation, energy companies anticipate exploring additional applications over the next three years. These include safety and risk management, internal operations optimization, and energy efficiency improvements.

Get the full energy and utilities report