5 tech tools used in power generation will help Thailand fulfil its net-zero dreams

The independent power producer, Electricity Generating Pcl (EGCO) said these technologies have been developed to make power generation environmentally friendly as well as allow consumers to play a part in energy management.

The five technologies are:

• Blockchain: Apart from playing a key role in cryptocurrency trading, blockchain also facilitates trade in power generation by opening the door to purchase agreements between parties.

• Machine learning: This technology helps consumers learn how much electricity has been used and power distributors can provide information and launch promotions to engage consumers.

• Data analytics: This helps power distributors to predict consumption, so they can build infrastructure and create maintenance plans to generate higher revenue.

• Smart grids: Data analytics, energy storage and management can be integrated with this technology to enhance electricity distributors' business operations.

• Artificial intelligence (AI): This technology can detect abnormalities in electricity distribution, such as electricity theft which caused damages worth US$96 billion worldwide.