Deus Ex Machina for the Energy Transition: ChatGPT

OpenAI’s ChatGPT has become one of the most talked-about chatbots across industries since its launch in November 2022. With a free-to-use version called GPT-3 and trained on 570GB of text data, ChatGPT can generate human-like responses to natural language inputs. The latest version of the program called GPT-4 is available for paying users and can handle scientific disciplines, including physics, chemistry, biology, and astronomy. Companies are now exploring how they can incorporate ChatGPT’s abilities into their corporate strategies. Investment bank Morgan Stanley, for example, uses ChatGPT to aid its content search process. Energy Monitor spoke to ChatGPT and learned that it could play a significant role in the energy transition, with specific applications including energy demand forecasting, load balancing, predictive maintenance, and energy efficiency optimization. However, industry professionals also mention considerations such as bias, ethical use, privacy and security, and human intervention to avoid inaccuracies when dealing with critical infrastructure.