AI Emerges as Next Shiny Thing in the Energy World (Correct)
Executives gathered at CERAWeek say the technology has potential to become a huge source of demand, as well as reshape production.
An offshore oil and gas platform off California. Energy executives say AI can revamp exploration, drilling and pumping, as well as create new sources of demand.
Photographer: Eric Thayer/BloombergWelcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, Americas energy team leader Joe Ryan delves into the artificial intelligence buzz permeating this week’s CERAWeek conference. To get this newsletter sent straight to your inbox, you can sign up here .
The energy industry, which has prided itself on innovation since the days of kerosene lamps, has a flashy new technology to be bullish about: artificial intelligence.