AI has become the key technology of our time, sparking debate among experts and policymakers about its potential benefits and risks. With the widespread availability of tools like ChatGPT, AI has entered both households and businesses, transforming the way we work and communicate. The energy sector is not an exception. Companies are increasingly seeking automation, enhanced user experiences (e.g., through natural language interfaces), advanced data processing techniques, and superior decision-making tools. There are numerous areas within the energy industry where AI is being explored, tested, or already implemented. AI can play a role in all areas of energy trading, from front- to middle-, and back-office operations. The front-office applications are the most well-known, particularly in areas like natural language interfaces for software interaction. This is especially valuable in tasks like reporting and deal entry, where users could generate reports simply by typing commands in plain language—without needing detailed knowledge of the data structure. Another major area of AI application is predictive analytics, market data analysis and decision support where AI offers powerful tools based on analysis of vast amount of data. These areas currently show the highest adoption of AI-driven methodologies. In the back office, AI can streamline labor-intensive processes… continue reading