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The Role of AI in Grid Modernization

Join us for an insightful webinar on Grid Modernization in Texas, exploring how AI and microgrids are revolutionizing reliability and flexibility, featuring a live demo of Virtual Utility® for seamless energy transitions and disaster preparedness.

November 7, 2024
2:00 PM ET / 1:00 PM CT / 11:00 AM PT / 7:00 PM GMT

Duration: 1 hour
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Summary

Join us for an insightful webinar as we discuss Grid Modernization in Texas and the role of AI in Delivering increased reliability and flexibility. 
  
‒ Explore how microgrids are revolutionizing the grid, and how several advancements in AI and energy management are accelerating this revolution.  
‒ Discuss the key trends driving the energy transition. Including the need for more customer-centric solutions and interactive decision-making tools in Texas.  
‒ Live Demo of Virtual Utility® to show seamless transitions between utilities, microgrids, and renewable energy sources to deliver hyper-responsive flexibility for the end-user.  


Key Points of Discussion:

1) Understanding the Problem  
‒ The challenges of balancing supply and demand in Texas  ‒ Case Studies: A look at Texas storms – Uri (2022) and Hurricane Beryl (2024) ‒ Lessons learned from both these events and how they apply to future preparations.

2) The Importance of AI in Texas Grid Modernization 
‒ The Role of AI – discussion on AI and its essential role in Grid Modernization.  ‒ AI for Disaster Management – Explanation of how AI can help predict, manage, and mitigate the negative impacts of future events

3) Future Direction and Positive Steps Forward for Texas  
‒ Why we need to accelerate the growth of automated demand-side controls ‒ Introduction to predictive analytics and its applications in energy management  ‒ Real-time data acquisition and automation will enhance preparedness in Texas  

4) Live Demo: Virtual Utility® ‒
Introduce Virtual Utility®, the R3Di® system and Grove 365®  ‒ A demonstration of the AI-driven predictive analysis tool and its capabilities  
‒ Step-by-step walkthrough of how the tool works and its capabilities 


5) Collaborating with e2Companies and Keyfive ‒
How organizations can collaborate with e2Companies and Keyfive to implement these solutions         

Speakers

James Richmond,  
Founder & President 
e2Companies 


For over 30 years, James has been on the forefront of emerging trends in the energy industry. James’s journey began purely by providing mission critical services for power generation but due to his strategic focus on R&D and engineering, e2Companies has evolved and delivered the world’s first Virtual Utility®. e2Companies’ is committed to providing innovative technology and unprecedented value in this critical industry.  

Jay Douglas  
CEO  
Keyfive
 

With 23 years of industry experience, Jay Douglas leads a team of engineers and scientists at Keyfive dedicated to pioneering digital twin solutions for the energy sector. Keyfive enhances interactions with smart grids and advanced energy systems by focusing on data integrity, security, and privacy for energy infrastructures. Under Jay’s leadership, their advanced digital twin platforms empower organizations to optimize energy use, derive actionable insights, and automate processes for improved efficiency and sustainability, ensuring a seamlessly connected and adaptable ecosystem. 

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