French multinational utility company ENGIE and Google Cloud have signed a new partnership for the development of an artificial intelligence–based energy solution to optimize the value of ENGIE’s wind portfolio on the short-term power markets.
ENGIE and Google Cloud’s AI Services and Industry Solutions (AIIS) will team up to facilitate transactions for wind asset developers and create benefits for wind power producers, accelerating the energy transition.
The key objective of the AI pilot is to predict how much wind power should be sold on which power market and at what price. This is a challenge due to the complexity of the short-term power markets and the unpredictable nature of wind production.
To tackle this problem, vast amounts of data from various sources need to be collected, stored and analyzed. The AI solution leverages a performant and scalable data system and advanced machine learning algorithms to extract value from the data that supports subseq