One of the most pressing topics in the energy industry is the urgent need for decarbonization in order to lower greenhouse gas emissions that drive climate change. There is a huge need to achieve net zero emissions, but the main challenge lies in how to get there. Not all fossil fuels are equally as polluting, with coal emitting significantly more CO2 per unit of energy compared to oil and natural gas. However, coal is still widely used in power generation because it is easy to transport, store, and burn. Therefore, it is important to reduce the power industry's reliance on coal as part of the transition towards green energy.
According to Enovate AI, an international company specializing in digital solutions for the energy industry, oil and gas has a major role to play in the energy transition. However, to play this role properly, the industry must be more efficient, diversified, and agile.
Enovate AI CEO Camilo Mejia says that data and digital technology are incredibly important in the evolving energy landscape, with the oil and gas industry becoming more open to automation and digitization as a new generation of business leaders comes to the fore. This is where Enovate specializes, delivering business and operational process optimization for the energy industry, contributing to decarbonization and energy security through digital engineering and automation.
Enovate's mission involves converging artificial intelligence (AI), the Internet of Things (IoT), and blockchain technologies to optimize oil and gas operations by increasing productivity and minimizing cost. It can then help transfer the knowledge it has gained to the low-carbon industry, which encompasses renewable energy and carbon capture, utilization, and storage (CCUS). It frequently partners with organizations across different industries, fostering strategic technology collaboration to achieve a greater impact on its vision.
One of Enovate's largest partners is Emerson Industrial Software, a global technology, software, and engineering company serving the energy industry. The two companies have collaborated to improve the efficiency of energy projects, using Enovate's ecosystem approach to provide digital engineering at scale through its ADA AITM Platform. Enovate's AI capabilities are crucial in optimizing operations, using sensors, automation, and real-time data analytics to monitor and manage oil and gas assets, energy distribution, and equipment maintenance. This collaboration is enabling higher levels of optimization in critical markets such as oil and gas, as well as low-carbon electricity.
"By working with various groundbreaking companies, Enovate enables end-to-end solutions to empower customers to make more informed decisions that aid in reaching new markets, goals and delivering greater efficiencies," Mejia says. "We envision the oil and gas industry as cleaner, more efficient, and more agile. As the global population grows, demand for energy will rise alongside it. Oil and gas will remain a primary commodity, and Enovate works with partners from various industries to ensure that it is as optimized and efficient as possible. Our collaborative solutions are reshaping the energy landscape and paving the way for a more sustainable and transparent energy industry."
