New Whitepaper Outlines How AI Can Help Build the Green Energy Grid of Tomorrow and Power the EV Revolution

The paper proposes sensible near-term options to enhance US grid reliability and help the nation’s transition to electrical autos (EVs)

SK Group, a worldwide chief in vitality options, has launched a brand new whitepaper, titled ‘Is the Grid Prepared for Our Electrical Future?’ which explores sustainable options to enhance the efficiency of america’ electrical grid and speed up the transition to web zero.

With the transition to cleaner types of vitality, the world is more and more depending on electrical energy for every thing from powering our automobiles to heating our houses. Intermittent vitality sources, comparable to photo voltaic and wind, have additionally turn into more and more vital to cut back greenhouse gases whereas assembly new vitality wants, together with the fast progress of electrical autos.

The whitepaper discusses the challenges and alternatives that may come up from the widespread adoption of sustainable vitality options. As well as, the paper introduces how firms comparable to PassKey, a subsidiary of SK E&S, are centered on the vitality transition and help the evolution of a extra sustainable and dependable future.

“The transition to new vitality sources can carry nice advantages to society, however we want sensible alternate options that optimize the grid to distribute the rising quantity of renewable vitality,” mentioned Jeong Joon Yu, SK Group Vice Chairman and PassKey CEO. “We have to carry new improvements to the market, utilizing applied sciences comparable to energy storage and synthetic intelligence, creating a brand new grid constructed for the widespread adoption of unpolluted vitality and EVs. “

Driving Lengthy-Time period Options

The whitepaper highlights how AI, mixed with dependable electrical energy storage, can improve the present grid to ship vitality extra effectively and reliably from renewable sources.

PassKey is an organization that works on AI-powered options to assist remedy vitality challenges. The corporate powers Power Storage Programs (ESS) with AI to foretell provide and demand, and optimize electrical energy distribution by intelligently delivering energy the place and when it’s wanted. By predicting the most effective offload occasions and saving energy from renewables, Passkey ensures that EV fleets can recharge their batteries with out overloading the grid.

SK Group Advances in Transition to Web Zero

PassKey and SK E&S are each a part of the SK Group, the second largest conglomerate in South Korea. SK Group has invested billions of {dollars} worldwide in clear vitality by means of its firms and has pledged to chop 200 million tons of carbon emissions by 2030, or 1% of the worldwide carbon discount goal.

For extra on the options wanted to help the clear vitality transition, obtain the whitepaper right here.

About SK

SK Group, the second largest conglomerate in South Korea, is a group of world-leading firms that drive improvements in semiconductors, sustainable vitality, telecommunications and life sciences. Based mostly in Seoul, SK invests in constructing companies world wide with a shared dedication to decreasing international greenhouse fuel emissions and rising the usage of renewable vitality.

The SK firms mixed have $139 billion in international annual income and make use of greater than 100,000 individuals worldwide. SK firms have invested billions of {dollars} in increasing their US presence in enterprise operations or partnerships in hydrogen vitality and gasoline cells, EV battery manufacturing and know-how, vitality storage options, pharmaceutical manufacturing and improvement, semiconductors, and superior supplies. For extra data, go to sk.com.

About PassKey

PassKey Inc. is a US-based vitality switch enterprise of SK E&S, an working firm of the SK Group and one of many largest vitality firms in South Korea. PassKey’s mission is to speed up the US’s transfer towards net-zero carbon emissions with inexpensive and handy electrical energy providers to prospects based mostly on renewables and vitality storage, electrical car (EV) charging, and superior software program options. PassKey’s portfolio contains EverCharge, an EV charging options firm, and Key Seize Power, a grid-scale vitality storage options firm. PassKey and SK E&S are a part of the SK Group. For extra data on PassKey, go to passkeyinvest.com.