Generative AI in Energy: Strategies to Succeed in this Fast-Growing Market, Forecast to 2029

The shift towards AI-driven solutions offers potential for enhanced efficiency and strategic roles in energy transitions, particularly through domain-specific adaptations and AI integrations


Dublin, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The "Generative AI in Energy Market 2025-2029" has been added to ResearchAndMarkets.com's offering.

The generative AI in energy market is poised for significant expansion, with projections indicating growth by USD 2.91 billion between 2024 and 2029, at a remarkable CAGR of 32.1%.

Key market dynamics driving this growth include the imperative to manage the global energy transition's complexity, the increasing demand for enhanced operational efficiency, and the rapid development of foundational AI models and cloud infrastructure.

The transition toward domain-specific and fine-tuned generative AI solutions, along with the evolution of industrial digital twins into predictive simulators, will significantly influence market growth. Additionally, the rise of AI copilots and intelligent assistants is expected to drive substantial demand across the energy sector.

This report offers an in-depth analysis of the current market landscape, highlighting trends, growth drivers, challenges, and a detailed vendor analysis of approximately 25 key market players. The report's findings are based on a blend of primary and secondary data from industry participants, offering an extensive market size analysis, regional segmentation, and a meticulous review of the vendor landscape.

Market Segmentation:

By Component:

  • Solutions
  • Services

By Application:

  • Renewable energy output forecasting
  • Grid management and optimization
  • Demand forecasting
  • Energy trading and pricing
  • Others

By End-user:

  • Energy generation
  • Utilities
  • Energy transmission
  • Energy distribution
  • Others

By Geographical Landscape:

  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa

Market Coverage:

  • Market sizing and forecast
  • Industry analysis
  • Vendor analysis

This report includes a robust vendor analysis designed to assist clients in enhancing their market position. A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Accenture PLC
  • BIDGELY INC.
  • C3.ai Inc.
  • Enel Spa
  • Fluence Energy LLC
  • General Electric Co.
  • GridX Inc.
  • Honeywell International Inc.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • Schneider Electric SE
  • Siemens AG
  • SparkCognition Inc.
  • Stem Inc.
  • Uptake Technologies Inc.

For more information about this report visit https://www.researchandmarkets.com/r/rk1rc8

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