🚀 Transforming Europe’s Energy Landscape with AI
The European refining and petrochemical sector faces unprecedented challenges, with a refinery closing every month in 2025. High energy costs, stiff competition from Asia and the Middle East, and stringent carbon neutrality regulations are driving this decline.
Key Insights:
- CEO Callum Adamson of Applied Computing highlights that Europe could see a 35% reduction in industrial output while demand surges by 60% over the next 15 years.
- AI tool, Orbital, is designed to optimize energy efficiency, capturing 100% of data across refineries—versus the traditional 8%.
- Potential Benefits:
- 10% reduction in energy consumption per refinery.
- Savings in the billions for the industry.
AI offers a viable path to reversing this trend and securing Europe’s energy future. Applied Computing aims to dominate the energy intelligence sector and expand into ten refineries soon.
🔗 Join the conversation! How can AI reshape our energy industry? Share your thoughts below!