President and CEO Arcus Power Calgary, Alberta, Canada
Dan Erhardt, CEO of Arcus Power, explores how AI and Machine Learning (ML) are reshaping the energy landscape, marking a shift from an ‘energy transition’ to a dynamic phase of Energy Expansion. By integrating AI and ML into short-term power trading, the industry is witnessing unprecedented growth in forecasting accuracy, operational efficiency, and economic advantages for both producers and consumers. Mr. Erhardt highlights that AI is now at the core of driving Energy Expansion, where innovation is moving beyond regulatory compliance to create new opportunities for growth and sustainability. The focus is shifting from adhering to outdated regulatory norms to embracing a forward-looking energy framework where AI and ML are pivotal in scaling up capacity and optimizing resources. Erhardt offers a comprehensive view of the past two decades of growth in the energy sector and outlines the transformative potential of AI over the next 20 years, and how it will redefine the rules of the game and fuel the future of Energy Expansion.
