The energy systems of the future will be too complex to be managed by people and this is precisely where AI comes in.
In this Keynote and Fireside Chat, Thomas Birr, Stephen Comello, and Nicolai Wadstrom discuss the impact of Artificial Intelligence on energy systems by activating AI and powering the electrical grids of the future, AI will help to make energy safer, more reliable, and customer service oriented.
- Thomas Birr, SVP Innovation & Business Transformation, innogy and CEO, innogy Innovation Hub
- Stephen Comello, Director, Sustainable Energy Initiative, Stanford
- Nicolai Wadstrom, Founder and CEO, BootstrapLabs
During this session, the speakers discussed the future of our energy system, how production and usage will evolve over time, and how we will leverage AI to manage, predict, and optimize energy.
Some of the key takeaways from the session are:
- The energy systems of the future will be too complex to be managed by people and this is precisely where AI comes in.
- By leveraging customer habit data with AI and algorithms, the grid will be able to optimize when/where/how to distribute energy.
- The future of the grid lies in micro dimension, with multiple micro-grids and connected devices that will self-optimize and make economic decisions without human interaction.
About Thomas Birr:
Thomas is the SVP of Innovation & Business Transformation at innogy SE and CEO of the innogy Innovation Hub, a leading European utility whose mission is to create a future beyond the traditional energy business. He leads innogy’s Innovation Hub, which is now building and co-creating new digital and platform-powered business models in partnership with the world’s most promising start-ups. Thomas is a strong believer that AI will change every industry – including Energy.
About Stephen Comello:
Dr. Comello is the director of the Sustainable Energy Initiative at Stanford Graduate School of Business and a founding member of the Bits & Watts Initiative within Stanford’s Precourt Institute for Energy. His work examines the organization of innovation and how technology and policy co-evolve to influence the economic attractiveness of advanced energy solutions.
About Nicolai Wadstrom:
Nicolai is the Founder and CEO of BootstrapLabs, a leading Venture Capital firm based in Silicon Valley and focused on Applied Artificial Intelligence. Throughout his career he has been very focused on product and technology development within Machine Learning, Big Data, Analytics, Internet, Mobile and Software/Cloud sectors. Prior to BootstrapLabs he was a multiple-time startup CEO and CTO. He has raised capital from Angels, Private Equity, Investment Banks and VC’s. Nicolai is a frequent guest speaker, mentor and judge at Universities and Conferences in the US and Europe.
About BootstrapLabs Applied AI Conference:
The BootstrapLabs Applied AI Conference is a yearly conference organized by BootstrapLabs, a leading Venture Capital firm focused on Applied AI. The annual event brings together over 800 members of the Artificial Intelligence community for a day of incredible speakers and exciting conversations. The community is comprised of founders and executives who are experts in the field of Applied Artificial Intelligence, veteran technologists leading the world’s most innovative organizations, and key partners in the AI ecosystem sharing deep-domain knowledge within specific verticals.
If you would like to attend the BootstrapLabs Applied Artificial Intelligence Conference 2019, tickets are now available!