WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 255
Market Data
Money Market Regulations
ENERGY IN
THE REGIONS
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AI regulations in energy and utility
FIGURE 44
Governments are proposing AI regulations for the energy and utility sectors, though comprehensive regulations are still lacking (2/3)
USA
USA
•
•
•
Federal Energy Regulatory Commission
(FERC)
•
The incorporation of AI into the regulatory frameworks established by FERC 2023 aligns impeccably with the directive’s aspirations, propelling
the energy sector toward a future where e昀케ciency, resilience, and sustainability are paramount
•
FERC 2023 emerges as a visionary regulatory framework designed to re昀椀ne the interconnection process, bolster e昀케ciency, and fortify the
resilience of the energy grid
•
The California Privacy Protection Agency board in March 2024 voted 3-2 to advance rules about how businesses use artificial intelligence and
collect the personal information of consumers, workers, and students
•
The proposed rules seek to create guidelines for the many areas in which AI and personal data can in昀氀uence the lives of Californians
•
DOE outlines multiple efforts to accelerate the responsible deployment of AI technologies to promote innovation, strengthen America’s
Energy and National Security, and help tackle the climate crisis
•
In April 2024, as part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) announced a series of actions
delivering on key elements of the Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence
The California Privacy Protection Agency
U.S. Department of Energy (DOE)
Note: This is not a regulatory body
Source: Morgan Lewis, DOE
What Does It Address?
WEMO 2024
USA
Evolving Rules & Regulations
255
Country/Region
