Swiss multinational ABB has said “business as usual” is no more an option for the energy industry due to consequences of global climate change such as extreme weather variations coupled with increased penetration of renewables.
In an interview with Business Standard, Venu Nuguri, ABB’s group senior vice-president, power grids – South Asia, Middle East and Africa, said the biggest opportunity for artificial intelligence was to move from “automation” or rule-based systems towards “autonomy” where sophisticated machines, like robots, smart cars, and smart grids perform tasks by taking decisions with less human supervision required.
