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AI technologies have the potential to revolutionize the energy market, according to Steve Eglash, Director of the Applied Energy Division at the SLAC National Accelerator Laboratory.
"We're seeing AI technologies like machine learning being used to create more viable business models, and ways of matching sources of energy to loads," he told AI Business. "In addition, AI is being used for the discovery of materials for things like better batteries. Wouldn't it be nice if you had an electric vehicle that had a cruising range of 500 or 1,000 miles on a single charge, instead of 200 or 300 miles? We're seeing lots of different applications of AI in the energy space."
Eglash has been speaking at AI Summit San Francisco every year since 2016. His latest keynote focused on new, AI-enabled opportunities in energy.
Hi, welcome to your AI business TV. We're here at the AI Summit San Francisco Rivera pays to be joined today by Steve Douglas from Flac Netflix that 00:05 are is lethargy. How are you? See, the BIOS on a theme is terrific. Actually. I've been a speaker since its first year in 00:13 San Francisco. And this I believe is his fourth year, of course and we seen a I have a much broader 00:22 impact across all of society and the venue has changed in interesting ways. The AI Summit has certainly had some offbeat venues along the way ready to 00:32
be here at the Palace of Fine Arts beautiful venue and you just get those days you delivered a presentation on a I was in with an energy market and 00:42 things will take away from the energy industry is undergoing a great deal of change right now. Some of the changes due to a 00:51 completely unrelated to AI Use of renewable energy solar and when do two things like electric 01:01 vehicles that don't stay in one place. Obviously, that's the whole point of the vehicle if you that's a load and potentially a source of 01:10
energy that could be anywhere at any time. So those kinds of changes create lots of New Opportunities and a I can be a big part of 01:20 addressing those opportunities and in doing that creating business opportunities as well. 01:30 They are being applied to Biggest impact 01:35 the environment energy and general electric grid is one. So we're seeing AI Technologies 01:44 like machine learning being used to create more viable ways of business models and ways of matching sources of energy two 01:54
loads in addition a is being used for the discovery of materials for things like better batteries. Wouldn't it be nice if you had an electric vehicle 02:04 that had a cruising range of five hundred or a thousand miles on a charge instead of two or three hundred miles. So we're seeing lots of different 02:14 applications of AI in the energy space. Collaboration 02:23 Department of energy National Lab National Labs crown jewels of scientific and Technology R&D in the US 02:31
US Department of energy has an annual budget of more than 35 billion dollars. One of the things they do is run a network 17 National Labs across 02:41 the United States and these Labs do research and development in a variety of Technology energy physics materials and chemistry 02:51 National Security a variety of things help enable companies to develop new products and new 03:00 services and the dele and their National Labs are eager to work on Tech transfer commercialization and research collaboration have any couple of 03:10
background in in kind of education a higher education from Stanford. He's not the little bit about back to work. There might be able to establish. 03:20 Aflac National Lab is unique among the National Labs. We're not only run by Stanford University. But we're part of Stanford University. So in addition 03:30 to having a mission of research and development and helping to support the department of Energy's Nishant, we're also part of an educational 03:39 institution and we have the additional mission of scholarship and education students today across a variety of disciplines are 03:49
eager not only to do impactful research, but to see that research have a path to intact in the real world. We have hundreds of students at 03:58 Stanford who choose to spend part of their time and part of their educational experience app slack. It gives them a chance to interact with big 04:08 science and do things that would be hard for them to do if they were strictly on Stanford campus. 04:16 Lycoming friends where you see the industry headed and 04:30 locations of 04:33 materials. We're going to see batteries that can store more energy in the same volume and weight batteries that don't use rare materials like lithium 04:42
or materials that are environmentally friendly. So we're going to see the development of batteries that are more economic more environmentally 04:52 friendly and have greater energy density. We're going to see new kinds of devices for example devices that can convert waste heat into electricity or 05:00 Catalyst that can convert CO2 into fuel. So we have a way of making you olds without pulling oil and gas out of the ground. We're going to see a more 05:09 modern versatile and safe and secure electric grid. We're going to see more efficient and less expensive solar panels. 05:18
What you doing? A lot of work on Manufacturing Technologies the kinds of technologies that can help create new Industries and create vibrant 05:28 manufacturing Industries. Looking forward to it. It's great time. 05:37
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