New Delhi, February 16 The success of the convergence between artificial intelligence and renewable energy will be realized when the overall cost of power decreases and industrial competitiveness increases, a government official said on Monday.
India has significantly increased its renewable energy capacity, and the country's total capacity is around 520 GW.
Additionally, there is approximately 35 GW of distributed renewable energy capacity.
JVN Subramanyam, Joint Secretary at the Ministry of New and Renewable Energy (MNRE), stated that Artificial Intelligence (AI) will be a game-changer, especially for distributed renewable energy.
He was participating in a session on 'Global Mission on AI for Energy Scaling through citizen-centric India Energy Stack' at the AI Impact Summit in the national capital.
"I believe that within the next two to three years, the success of AI and the convergence with renewable energy will be achieved when the overall cost of power for consumers decreases, our industrial competitiveness increases, and consumer empowerment becomes prosumer empowerment," he said.
He also mentioned that the challenge lies in the distribution systems, and maintaining the assets that are being developed across the country.
AI should not be seen as just a technology, but as a development infrastructure, Hemang Jani, Senior Advisor to the Executive Director for India, Bhutan, Bangladesh, and Sri Lanka at the World Bank, said.
According to him, AI cannot bring fiscal prudence and governance reforms, but it can enable all of these things.