Category: Cybersecurity Threats & Vulnerabilities

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How AI Is Being Used by Power Utilities to Benefit End Users?

Renewable Energy World.com by Jeremiah Karpowicz:

DTech-Midwest-Conference-AI
Image: Renewable Energy World.com, DTECH Midwest Panel Discussion, “AI Use Cases at the Grid Edge”, Moderator: Fei Ding, NREL

At the DistribuTECH (DTECH) Midwest Conference in Minneapolis, Minnesota, major discussions have taken place on how AI is used to benefit end users. A panel discussion comprised of power utility and electric cooperatives, led by “Fie Ding from the National Renewable Energy Laboratory (NREL), the panel benefited from her work at NREL, which is connected to developing advanced models and controls for managing grid-edge resources.

These models go far beyond traditional meter data, fundamentally altering how utilities use information in a way that will redefine what customers see and expect in their monthly billing statements.”

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Large Investors Are Acquiring Power Generation Assets for Adding a Piece of AI to their Balance Sheet

The Output & New York Times:

Black-Rock
Image: New York Times

Large investors are acquiring power generation companies and their power delivery assets that supply AI-driven data centers for the next expected bull market from this extremely excited AI boom.

“Major investment firms like BlackRock and Blackstone are moving to acquire U.S. utility companies, aiming to benefit from the increasing electricity demand driven by AI data centers. This trend is primarily fueled by the rising demand for electricity from data centers, which are essential for powering AI technologies.”

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Nashville TN Regulators Approve AI Use for Early Warning Water Management Systems

WN.com & The Tennessean:

AI Use for Water Systems

Regulators in Nashville approve to advance “a new pilot program that would use artificial intelligence to improve Nashville’s water management system with an early warning detection system and has made it a step closer to beginning development in partnership with Vanderbilt University.

Vanderbilt University will work with the Department of Water and Sewerage Services, better known as Metro Water Services, to develop a system that would use AI to detect anomalies and patterns in water management systems.”

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Free White Papers on Power Delivery Engineering & Substation Design!

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View a wide range of topics related to the power industry – power generation/transmission, power delivery, power distribution, protective relaying, protection & controls, SCADA automation, power quality & reliability, motor control centers, substation engineering & design, physical engineering & design, major equipment arrangement, grounding, equipment specifications, solar PV, telecommunications, 3D CAD modeling, electrical safety, and much more…

Basic Substation Design – White Papers

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The Forecast for Renewable Resources Could Rise 300 Percent Based on Future Energy Demands

NBCNews.com – Energy, Spencer Kimball (CNBC)

NBC-News-Renewables-Farm-Palm-Springs-CA-Getty-Images
NBCNews.com-Renewables Farm, Palm Springs, CA (Mario Tama-Getty Images)

“Renewable energy demand will triple over the next seven years as data center growth accelerates to facilitate the proliferation of artificial intelligence, NextEra Energy CEO John Ketchum said Wednesday.

NextEra added 3,000 megawatts of renewable and storage projects to its order backlog in the second quarter. Of those, 860 megawatts — or 28% — come from agreements with Google to power the tech company’s data centers.”

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More Companies Are Increasing Cyber Attack Response Plans Due to AI-Generated Attacks

SecurityInfoWatch.com (SIW) – Cybersecurity

SIW-Cybersecurity-AI-Deep-Fake-Attacks
SIW-Cybersecurity (AI-Driven Deep Fake Attacks)

Due to the rise in AI assisted cyber security attacks, companies’ IT departments have had to up their game-protection against these threats. “This concern stems from the growing sophistication of AI-driven impersonation attacks that can undermine traditional security measures like biometric authentication, which were previously considered highly secure but are now being called into question.

As AI-generated deepfake attacks and identity fraud become more prevalent, companies are developing response plans to address these threats. In fact, according to GetApp’s 2024 Executive Cybersecurity Survey of over 2,600 global IT and cybersecurity professionals, 73% of US respondents report that their organization has developed a deepfake response plan.”

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