Dan Erhardt
CEO of Arcus Power Corp
Bio:
Dan Erhardt is the CEO of Arcus Power Corp., a leading SaaS company in the energy sector with over 15 years of experience in the industry. Arcus Power is innovating in the North American electricity markets as the sector democratizes and drives $20 billion in global power system efficiencies. Dan is known for his execution skills and deep curiosity. He envisions a future where energy intelligence transforms the industry, fostering a more sustainable, efficient, and equitable energy landscape.
Abstract:
Dan Erhardt, CEO of Arcus Power, unveils the transformative potential of AI in short-term power trading, spotlighting its dual role as a catalyst for efficiency and a subject for regulatory scrutiny. AI and Machine Learning (ML) significantly influence the market by improving forecasting accuracy and operational efficiency, thereby providing economic advantages to both producers and consumers in the energy sector. These technologies are not only pivotal in navigating market dynamics but also crucial in identifying and mitigating non-compliance and market manipulation in real-time, reinforcing market integrity and transparency.
However, the integration of AI also necessitates a close examination and re-evaluation of existing compliance and regulatory frameworks to foster a fair, competitive, and transparent market environment. Join Mr. Erhardt as he explores the journey and future of AI in the electricity industry, offering insights into how it reshapes short-term power trading, impacts economic paradigms, and interacts with regulatory structures. With a look back at the industry's evolution over the past two decades and a forward gaze into the next twenty years, Mr. Erhardt provides a comprehensive overview of AI’s transformative impact on the energy landscape.
Note: This talk will be presented remotely via Zoom Webinar and on the Energy Institute's YouTube channel. If using Zoom, viewers must register for an account with Zoom and log in to Zoom using that registration in order to use the meeting link and participate. Faculty, students and staff of UT, please use your personal UT Zoom account.
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