Beyond Extraction

Beyond Extraction: How AI is Set to Disrupt the Energy Industry

Artificial intelligence has transformed the extractive industries, and this dramatic change is clear to observers from [Energy Considered and] across the energy sector. The extractive and energy industries are closely interrelated, so how long will it take for the energy sector to undergo a similar transformation?



Many of the AI use-cases in the extractive industries clearly have immediate potential to disrupt the energy sector: generative AI can suggest process improvements; autonomous vehicles can gather and respond to environmental data; data analysis can provide forecasting and risk assessment; and large language models can reduce the need for human intervention.

How soon are we likely to see AI disrupt the energy industry? [Energy Considered] research suggests that companies have to be prepared to manage some aspects, such as faster decision making and changes in human resource requirements,  before 2030. Overcoming early challenges to AI adoption, such as setup costs, data quality, security concerns and – perhaps most importantly – cultural resistance, will set the conditions for even greater disruption after 2030.

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