AVEVA: How Will AI Impact The Future of The Energy Industry?

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Gary Wong is Global Segment Leader of Power, Utilities and Infrastructure at AVEVA
AVEVA’s Gary Wong says digital tech & AI are revolutionising utilities, enabling smarter grid management, predictive maintenance & sustainable operations

The energy and utilities sector is inherently complex and continues to evolve, driven by technological advances such as AI.

These technologies are both complicating the regulatory environment and aiding, as well as addressing, the increased demands for resilience, sustainability and efficiency.

Introducing AVEVA

AVEVA, a British multinational IT consulting firm - aquired by Schneider Electric in 2023 - specialises in providing software solutions tailored for the power and utilities sectors.

The company offers significant assistance to oil and gas companies aiming to improve their performance through enhanced energy management.

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AVEVA's solutions for renewable power generation leverage their top-notch industrial data management software to fine-tune core processes.

The firm says: “Power companies are under pressure to incorporate more renewable resources into the grid and deliver reliable, resilient power — all while ensuring safe, efficient operations. 

“Digital transformation is playing a crucial role in enabling power companies to rise to the challenge and overcome these pressures. 

“By leveraging digital technologies, power companies can optimise their operations, reduce costs and increase efficiency and sustainability, all while reaching their energy transition goals.”

AVEVA's vision for 2025

Gary Wong, the Global Segment Leader of Power, Utilities and Infrastructure at AVEVA, is committed to making the world more liveable by linking power, water, facilities, smart cities and transport through his initiatives.

“Digital technology is instrumental in reconciling burgeoning demands for power with the transition to sustainable operations,” he says.

“To decarbonise operations, ensure resilience and deliver reliable, affordable, customer-centric services, utilities must be able to rely on real-time operational insights and analytics for grid management and load planning.”

This type of infrastructure improvement is impossible without modern technology, which brings numerous advantages to power utilities and their consumers.

Connecting devices and analytics, Gary showcases, have already improved industry outcomes through enhanced asset information management.

AVEVA

“To decarbonise operations, ensure resilience and deliver reliable, affordable, customer-centric services, utilities must be able to rely on real-time operational insights and analytics for grid management and load planning.”

This type of infrastructure improvement is impossible without modern technology, which brings numerous advantages to power utilities and their consumers.

Connecting devices and analytics, Gary showcases, have already improved industry outcomes through enhanced asset information management.

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He adds: “In 2025 and beyond, data-sharing technologies and industrial AI solutions will drive further enhancements, particularly when hosted in the cloud.”

Despite the extensive energy requirements of such technologies, Gary, along with many others in his field, advocates for how AI enhances the capabilities of the energy industry, with the benefits far outweighing the drawbacks when properly implemented.

“From operations control to unified engineering, AI-infused industrial intelligence tools are enhancing predictive maintenance and operational analytics, supporting the necessary transformation that allows utilities to rationalise costs and stay resilient,” Gary continues.

“Likewise, smart grids — paired with advanced energy storage — support the integration of decentralised energy resources into existing energy systems, enhancing reliability despite intermittency and increasing demand.

“Data-sharing ecosystems are helping drive greener and more sustainable practices as operators invest in renewable energy and circular practices to reduce waste with a view to meeting net zero commitments. 

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Sharing data between utilities — such as between the power and water providers — can help optimise power usage, predict capacity, and reduce peak demand."

The future of the energy industry

Looking ahead, Gary anticipates digital technologies will continue to be nurtured within collaborative ecosystems — a trend expected to gain further traction over the coming year.

He concludes: “Collaborative ecosystems present a systemic strategy to capitalise on opportunities arising from the energy transition. By involving contractors, suppliers, and even communities in new kinds of synergistic data-sharing frameworks, these integrated new platforms empower utilities to streamline operations and drive sustainable growth.”


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