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Wind Farm Enabled by Artificial Intelligence in Australia

Power News - Published on Fri, 20 Sep 2019

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On July 10th, a wind farm equipped with Artificial Intelligence software successfully navigated a wave of negative wholesale energy prices in Australia, demonstrating the power of Al to enhance the performance of clean energy assets. Tilt Renewables' 100 MW Snowtown 1 Wind Farm was enabled with Al software in July and self-executed a "precision trading" strategy that has already clearly increased total revenue from the windfarm by precisely bidding its way through a wave of extreme volatility and negative prices in South Australia.

The Al software used by Tilt Renewables' wind farm was developed by AMS, a San Francisco-based start-up founded by veterans of California's clean energy industry. AMS's chief executive officer, Susan Kennedy, started the company with the backing of A-List investors, including former California Governor Arnold Schwarzenegger, whose groundbreaking policies to reduce carbon emissions sparked billions of dollars of investment in solar, wind, battery storage and other clean energy technologies. AMS's optimized bidding software is technology agnostic, and substantially increases the revenues of storage, wind, solar and other generation assets in wholesale electricity markets.

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Posted By : Rabi Wangkhem on Fri, 20 Sep 2019
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