Title of the Presentation:  

The future power balance – It’s all about weather!

Key words:

European power balance, AI Weather, Data centers

Key message:  

Electrification and digitalization are important factors in the power market to reach climate goals and use the power in a smarter way.

Utilizing the Green transition in the energy market requires software, data and analysis for the whole value chain of power. We need to prepare for the future development in the market and contribute to serving the market with the right tools and data for the future. We do this by analyzing the power market with a various set of models from the next 15 minutes to 30 years investment analysis.

In this presentation I will take you through the current power balance in Europe and how it might develop to fulfil the climate goals and what is needed to fulfil them. Electrification and digitalization is one of the key parameters to fulfil climate goals. We also see a stronger dependency of weather in all future optimization, and we has used AI directly to improve data and model quality to reduce the risk for the customers which will help power customers to shape their future economy in the power business.

As a direct consequence we also see a strong demand from data centers as increased consumption in the future power market to allow the entire society to be more digitalized.