A technology firm Inq Nigeria has introduced an artificial intelligence device aimed at stemming the losses in the value chain of energy consumption from power generation to the distribution companies.
At a media roundtable in Lagos, the firm’s Group Chairman, Andile Ngcaba, noted that the AI device could also provide analytics for power consumption.
“We can be available to provide analytic of consumption of electricity by plugging AI in your sub grid or grid, this is what Inq is capable of doing and this knowledge may be exported from Nigeria into other markets,” he said.
Ngcaba explained that the vision of the firm is to deepen technology in Africa, saying that the focus for Nigeria as the most populous and emerging economy in the continent is to establish AI that solves energy challenges the country is facing.
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“After consultation with the leaders of Nigeria and Inq, we came to the conclusion that Nigeria will focus more on energy artificial intelligence, providing AI in the energy sector.
“For example, if a Disco provides electric services to an area and you want to understand electric consumption either by households or by business or various facilities.
“If there is a leakage in your substation to the level of distribution to various sub notes in your grid network, we will be able to do that,” he said.
The sale director, Peter Evbota, said the National Information Technology Development Agency, (NITDA) had endorsed the devise before its introduction.
“For the energy AI, the key thing is data, how you analyse data. One of the key things in the energy sector has been losses between transmission and distribution to get the actual consumers. Now, we have an AI platform that captures this data and used to say where the leakages are coming from so that distribution can also be more efficient,” he said.
Also, the firm’s Group CEO, Mr. Glad Dibesto said Africa has failed to leverage on the opportunities during the industrial revolution, hence the need to create an ecosystem that would drive the value chain of technology in Africa.