Engie SA (EPA:ENGI) is partnering with Google Cloud to optimise the value of its wind portfolio on the short term power markets through the development of an Artificial Intelligence (AI)-based energy solution.
The AI pilot will be aimed at predicting how much wind power should be sold on which power market and at what price, the French energy group said today. Given the complexity of the short-term power markets and unpredictability of wind generation, the task will require the collection and analysis of a significant volume of data, the group added.
According to Larry Cochrane, Global Energy Solutions director at Google Cloud, “more accurate data and predictions of wind power production will be valuable to electricity grids, creating benefits for consumers and making wind more competitive with fossil fuels.”
“Data, digitalisation and risk management are key enablers to bring value and accelerate the decarbonation of our power grids,” added Alexandre Cosquer of Engie’s Global Energy Management and Sales unit.
The partnership agreement builds on collaboration between the companies that included the signing last year of a 24/7 carbon-free energy supply contract in Germany.
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