Energy companies cannot benefit from AI unless they have the skills to identify and implement solutions. Technology companies cannot deliver AI solutions without a better understanding of energy systems and the energy transformation. Joint training and workforce development could accelerate this agenda. 04 Build capacity in the workforce to leverage AI for the energy transformation AI training for energy companies Energy companies have long prioritized technology training. Training on the potential for AI in the energy transformation should be available to a wide range of personnel in both technical and nontechnical functions. By mainstreaming AI, leaders can build a culture of innovation within their organizations—key for attracting and retaining talent. Approximately 80% of AI talent leaves organizations because they want a more dynamic role or do not see opportunities for advancement.160 Energy leaders that build AI-ready organizations will be more successful when it comes to retaining talent and driving their organizations into the future. Leading institutions such as the UAE’s Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) can serve as hubs for advancing AI knowledge and skills within the energy sector. Energy training for technology companies This training should start from the top at technology companies, with leaders establishing carbon-free electricity as the “fourth pillar” of AI development, along with computing, data, and algorithmic innovation. At the product development level, technology companies need to understand AI’s potential for applications in the energy transformation. This will require training in the key challenges of the energy transformation, as well as in the operating environment of energy companies (such as technical standards for efficiency, product quality, and safety). SURVEY INSIGHT 78% of leaders consider talent and training a challenge to adopting and using AI. 96 Powering Possible 95
Powering Possible 2024: AI and Energy for a Sustainable Future Page 48 Page 50