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The power industry is rapidly adopting digitalization to meet shifting market demands. This article examines how digital concepts are making an actionable impact in the power space, from generation to consumer. It looks at a variety of complex and rapidly evolving digital technologies, such as artificial intelligence (AI) and its subset, machine learning, which are being used for efficiency and utilization, forecasting, algorithm and pattern recognition, and energy management and transportation. AI’s potential is also thriving for energy storage, uncertainty analysis, wastewater treatment, emission control, biofuel production, and more.
