#United States #Santa Clara #Energy Management #LG Electronics #PADO AI

LG Launches Its New PADO AI Orchestration Venture for Smart Energy Management

LG Electronics has officially launched PADO AI Orchestration, Inc. (PADO), a pioneering venture that aims to change the landscape of energy management for data centers, commercial sectors, and industrial facilities. Headquartered in Santa Clara, California, this innovative initiative is designed to leverage cutting-edge artificial intelligence (AI) and machine learning (ML) technologies to optimize energy usage and management.

The Growing Need for Intelligent Energy Solutions

As the demand for energy continues to surge worldwide, driven largely by the increasing reliance on technology and data centers, the challenges of managing this energy consumption have become more pressing. According to the International Energy Agency (IEA), data centers are estimated to account for 1-1.5% of the global electricity usage, with projections indicating a rise to 4% by 2027. Recognizing this urgent need, PADO aims to offer solutions that empower organizations to manage energy resources more effectively.

A Comprehensive AI-Powered Platform

PADO's platform harnesses the power of AI and ML to orchestrate various energy resources, including distributed energy resources (DERs) and grid services. It provides real-time analysis, optimization based on predefined rules, and active energy planning. These capabilities allow businesses to maximize efficiency, boost profits, and enhance operational resilience.

Wannie Park, CEO of PADO AI Orchestration, stated, “The energy landscape is rapidly changing with the rise of AI technologies. Businesses must proactively manage their energy consumption, mitigate associated risks, and increase operational efficiencies.” PADO promises to deliver the necessary intelligence for businesses to improve their energy usage and strive toward a more sustainable future.

Key Features of PADO

PADO's platform includes several crucial features designed to streamline energy management operations:

• - Real-time Analysis: Using AI/ML-driven insights, businesses can make informed decisions quickly.
• - Load and Price Forecasting: Anticipating energy needs and costs helps organizations manage budgets effectively.
• - Enhancing DERs: PADO enhances the capabilities of distributed energy resources while accelerating the services provided to the grid.
• - Open API Sharing: Through an open application programming interface (API), data and functionalities can be shared with third parties.
• - ESG Reporting: Corporate requirements for carbon credits and environmental sustainability reporting are integrated into the platform.

A Commitment to Sustainability

LG NOVA, the innovation center supporting PADO, emphasizes its commitment to fostering businesses that contribute to positive changes in society. Sokwoo Rhee, executive vice president of innovation at LG Electronics, expressed the center’s mission: “We aim to lead the transformation of the energy management landscape with PADO, recognizing technology's key role in this evolution.”

PADO not only focuses on energy optimization but also embodies the high-quality innovative spirit associated with the LG brand. By addressing the unique needs of data centers and commercial enterprises, it seeks to enhance energy independence while reducing operational costs.

Broader Impacts

The implications of PADO's solutions extend beyond energy savings to a broader environmental impact. The innovative orchestration capabilities are intended to help businesses navigate the complexities of energy consumption amid a backdrop of fluctuating energy markets and increasing regulatory demands. LG Electronics complements its efforts with initiatives such as advanced cooling solutions specifically designed for AI-driven data centers.

About LG Orchestration and the Vision Ahead

PADO AI Orchestration marks a significant step forward in energy management, aligning with global sustainability goals while enhancing operational efficiencies for organizations. Offering improved power management and an ability to control energy resources, PADO aims to shape a more resilient energy future. For additional information on this innovative platform, businesses can visit pado.co.

As LG continues its tradition of leveraging technology to improve everyday life, this venture stands as a testament to its dedication to innovation in an era defined by digital advancement and sustainability.