Singapore, October 27, 2022 – Aboitiz Data Innovation (ADI), a wholly-owned subsidiary of the Aboitiz Group, and JERA, today concluded a Memorandum of Understanding (MoU) to jointly explore data science and AI solutions for the energy and power sector, leveraging their respective experience and capabilities.
Under the MoU, the parties will consider various joint development opportunities and explore potential areas for further validation and adoption of these applications. Together, the two parties expect to unlock new value through the usage of algorithms and data models applied effectively to address power generation challenges.
“The environment today, particularly that across Southeast Asia, highlights the importance of attaining and maintaining power generation reliability, efficiency, and environmental sustainability. ADI is investing to develop new and improved ways to address these challenges in the Power Industry. The MoU with JERA provides a unique opportunity to collaborate with a world-class operator to further drive innovative AI initiatives, enhance the impact and validate the feasibility of solutions in real-world settings.” said David Hardoon, Chief Executive Officer, ADI.
“As JERA is committed to providing cutting-edge solutions to the world’s energy issues, we believe this MoU offers an opportunity to work closely together with our ADI colleagues for developing meaningful data science applications for the energy sector. Through this collaboration, JERA can leverage its experience across the energy value chain and digital capabilities to develop new and enhanced solutions that deliver value to power generation operations,” said Dr. Sami Ben Jamaa, Global Chief Information and Digital Officer, JERA.