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Artificial Intelligence at Vattenfall Activities and prospects 18.11.29 J. Alin, Director Data Analytics & ICT Solutions Research & Development

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Page 1: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

Artificial Intelligence at Vattenfall

Activities and prospects

18.11.29

J. Alin, Director Data Analytics & ICT Solutions

Research & Development

Page 2: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

Confidentiality – None (C1)

• Introduction

• Approach to digitalization

• AI maturity and prospects

• Ongoing activities

Agenda

Page 3: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

Introduction to Vattenfall

Confidentiality – None (C1)

Page 4: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

We don’t have a digital strategy

Power Climate Smarter Living

Investing in disruptive business models

Focus on digital customer journeys

Digital DSO

Recruit and retain key competences incl. new digital competencies

Internal innovation competitions

Smart meter roll-out in district heating grids in Germany

Digitalization of processes

Data governance andinformation security

Agile business development and sales forces

Staff function 4.0

WE HAVE A STRATEGY FOR THE DIGITAL WORLD

Advanced analytics / AI

Confidentiality – None (C1)

Page 5: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

1. Customer centricity and sustainability are key to attracting customers, talent and investors

2. Further electrification is a key enabler for reduced CO2 emissions

3. The future energy system will consist of both central and decentralized energy solutions

4. The complete energy value chain is being digitalized

5. New competencies, speed in learning and diverse and inclusive teams are critical in the energy transition

6. Cost efficiency is a prerequisite for value creation and growth in an increasingly competitive market

Digital addressed in our core beliefs

Confidentiality – None (C1)

Page 6: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

Confidentiality – None (C1)

AI maturity

Page 7: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

Confidentiality – None (C1)

Areas for AI use

Page 8: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

Confidentiality – None (C1)

• Avoid unnecessary maintenance

• Predict and therefore avoid machine failure

• Optimize performance = optimize profit

Optimize operationsPredictive maintenance

Page 9: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

Confidentiality – None (C1)

• Support wind power trading (day ahead

market)

• Minimize imbalance cost

• Predict the availability of electricity on the

grid

Optimize operationsForecasting

Page 10: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

• An AI forecasting and trading system for carbon emission certificates

Confidentiality – None (C1)

Optimize operationsAlgorithmic trading

Page 11: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

• Quality control of wind turbine blades through image recognition

• Scan power lane areas to find and label trees that can cause grid failure

• 3D-models for hydropower optimisation

Confidentiality – None (C1)

Optimize operationsDigital inspections

Page 12: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

Confidentiality – None (C1)

• Customer engagement app Energichecken

• Understand consumption patterns

• Simulate solar/battery installations with local parameters

• Household specific thermal inertia models to enable demand response pricing models

Engage customersSmart apps

Page 13: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

• Customer service chatbot Nina

• Deployed in Vattenfall Netherlands (so far)

Confidentiality – None (C1)

Engage customersVirtual agents

Page 14: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

• Vattenfall InHouse

• Decentral energy solution with smart steering

• Enable customer price sensitive demand response

• Aggregation and market integration of customers, increasing customer revenue

Confidentiality – None (C1)

Transforming products & servicesDecentral Energy Solutions

Page 15: Artificial Intelligence at Vattenfall · • Vattenfall InHouse • Decentral energy solution with smart steering • Enable customer price sensitive demand response • Aggregation

Thank you for your attention!