The information gathered through AI in Energy initiative will be instrumental in crafting targeted use cases and lessons learned that improve urban energy management through AI solutions, both in Azerbaijan and globally, according to the World Economic Forum’s (WEF) “Impact Report: Centre for the Fourth Industrial Revolution Network 2023-2024”.

The Executive Director of Centre for the Fourth Industrial Revolution Azerbaijan, Fariz Jafarov, whose remarks were included in the report, said: “In close collaboration with the World Economic Forum, we are working on an AI in Energy pilot project aimed at optimizing energy consumption, enhancing energy efficiency, reducing operational costs, and minimizing environmental impact in Azerbaijan. The positive and successful outcomes will serve as a model for replication in other countries.”