Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
24 Apr 2025
As India accelerates its transition to clean and intelligent energy systems, artificial intelligence (AI) is becoming a transformative force across the entire energy value chain. From grid automation and predictive maintenance in renewable energy to enhancing operational efficiency in oil and gas, energy companies are leveraging AI to revolutionise the generation, distribution, and consumption of power.
Sanjay Gupta, CEO, Apollo Green Energy Limited, stated, "AI is rapidly becoming the backbone of the modern energy system, transforming how we generate, manage, and consume power. It enables real-time fault detection, dynamic grid management, and more precise forecasting of renewable sources like solar and wind—resources that were once difficult to predict. This not only enhances grid stability but also reduces energy curtailment."
Gupta mentioned that AI powers smart meters and home automation systems, allowing them to optimise energy consumption during peak hours, which helps minimise costs and reduce the strain on the grid. He said, "By seamlessly integrating distributed energy resources such as rooftop solar, electric vehicles, and battery storage, AI is tackling one of the most significant challenges in the renewable energy sector – intermittency. However, the true potential lies in what comes next."
"With global data centre electricity consumption projected to reach 945 TWh by 2030, the rise of AI must be met with equally intelligent solutions—ranging from smart energy storage and dynamic pricing to decentralise energy orchestration. In India, where grid complexity is increasing alongside rapid renewable adoption, AI presents a unique opportunity to bypass traditional infrastructure hurdles and build predictive, self-optimising energy systems from the ground up. "This transformation goes beyond digital—it's a cognitive revolution. And it may well be the most defining change the energy sector will witness this decade," Gupta asserted.
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