ComTech Advisory announces a market study of AI technologies in energy business

ComTech Advisory is excited to announce the launch of new market research focused on data management and AI in the energy sector. This new study follows our recently published research on Virtual Power Plant (VPP) technologies (available for download here: VPP Market Study – ETT Center | ETT Center) and will use a similar methodology. Nowadays AI appears to be rapidly emerging as a transformative technology, sparking ongoing debates among experts and policymakers about its potential benefits and risks. As companies increasingly pursue automation, advanced data processing, enhanced user experiences (e.g., through natural language interfaces), and more sophisticated real time decision-making tools, AI has become a central component in this drive. AI is already being applied across various areas of the energy business. Some applications involve processing large volumes of data, such as predictive analytics, decision support and market data analysis. Others enhance user experience by integrating natural language processing (NLP) for reporting or deal entry or help to automate back-office processes and operations. In many cases, AI and machine learning (ML) techniques are employed where complex data processing is required. Modern forecasting models are based on ML techniques or combine traditional analytical methods with ML to improve accuracy. Generative… continue reading