Shell Uses Artificial Intelligence in Its Green Ventures - Market Talk

Date : 10/14/2019 @ 6:33PM
Source : Dow Jones News
Stock : Volkswagen AG (VOW3)
Quote : 105.42  -8.28 (-7.28%) @ 4:35PM

Shell Uses Artificial Intelligence in Its Green Ventures - Market Talk

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17:03 GMT - Like the other oil majors, Royal Dutch Shell is deploying artificial intelligence programs throughout its traditional oil and gas operations. The Anglo-Dutch company is also putting AI to use in its alternative businesses. This year, it acquired California-based Greenlots, which provides charging station infrastructure for electrical vehicles. Through its subsidiary, Shell has deployed an AI program that helps electrical vehicles shift their charging times to when there is less demand on the grid and more renewable energy. The automakers Volkswagen and Volvo are the first two commercial customers to use the application, says Daniel Jeavons, the general manager for data science at Shell. (; neanda1)

(END) Dow Jones Newswires

October 14, 2019 13:18 ET (17:18 GMT)

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