Artificial Intelligence Innovation Among Power Industry Companies Dropped Off in the Last Quarter

Research and innovation in artificial intelligence (AI) in the power industry operations and technologies sector has declined in the last quarter – but remains higher than it was a year ago.

The most recent figures show that the number of AI-related patent applications in the industry stood at 160 in the three months ending March – up from 159 over the same period in 2021.

Figures for patent grants related to AI followed a similar pattern to filings – growing from 29 in the three months ending March 2021 to 31 in the same period in 2022.

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