Skip to main content

      AI in energy is about more than just adopting new technologies

      Scaling AI is about reimagining the enterprise and meeting the energy trilemma head on, embedding intelligence across the value chain to secure supply, decarbonise and control costs.

      Our findings provide guidance for navigating that future.

      Download the full report

      This research outlines a blueprint for AI in Energy, helping organisations chart a path to unlocking AI’s value.

      Futuristic light energy

      Reimagining energy

      Key insights

      Leadership goals for AI adoption focus heavily on operational gains rather than strategic value
       

      The industry is preparing for an AI future, with early successes
       

      80%

      of companies are embedding AI into their offerings. 60% have had ROIs greater than 10 percent.

      56%

      of companies are scaling AI initiatives and 44% are integrating AI as a core part of their operations.

      63%

      have invested in an automated data fabric or hybrid cloud, cross platform, data integration.

      Experimentation is a critical investment area

      92%

      Believe that organisations that embrace AI will develop a competitive edge over those who do not.

       

      96%

      are investing in future-focused projects without the expectation of immediate returns.

       

      Beyond pilot projects

      Despite differences between regulated and unregulated entities (as well as the specific nuances of individual sub-sectors), the challenges and opportunities around AI tend to be broadly consistent.


      AI is helping energy firms navigate the trilemma—security, sustainability, and cost. In Australia, it’s vital for grid optimisation and renewables integration.

      Matt Pearce

      National Industry Lead, Energy, Mining & Property

      KPMG Australia

      Scaling AI means reimagining operations. Australian energy players must invest in data fabrics and hybrid cloud to unlock full value.

      Karyn Mercer

      AI Lead, Energy, Mining & Property

      KPMG Australia

      Realising value from your AI transformation journey

      To address these challenges, KPMG introduces the three phases of AI value — a framework designed to guide energy companies through the AI adoption journey. This phased approach provides a structured roadmap, helping the energy industry prioritise investments, align initiatives with business goals, and position themselves effectively in the age of AI in energy.

      Click on each of the phases to find out more.


      Enable Embed Evolve Value Maturity Enterprise Functions Foundations

      Enable

      The Enable phase focuses on enabling people and building AI foundations. Organisations appoint a responsible executive, create an AI strategy, identify high-value use cases, boost AI literacy, align with regulations and establish ethical guardrails. AI pilots are launched across functions, while cloud platforms and pre-trained models are leveraged with minimal customisation.

      Embed

      The Embed phase integrates AI into workflows, products, services, value streams, robotics, and wearables, delivering greater value. A senior leader drives enterprise-wide workforce redesign, re-skilling and change, embedding AI into operating models with a focus on ethics, trust and security. AI agents and diverse models are deployed, supported by cloud and legacy tech modernisation, while enterprise-wide data enhances operations.

      Evolve

      The Evolve phase evolves business models and ecosystems, using AI and frontier technologies like quantum computing and blockchain to solve large sector-wide challenges. AI orchestrates seamless value across enterprises and partners. Emphasising ethics and trust with real-time security, this phase uplifts human potential with broad and deep workforce training, fostering a creative, innovative and value-driven future.

      Get in touch

      Discover more

      We put people, trust and governance at the core of AI – helping organisations accelerate value with confidence, using our Trusted AI framework.

      Helping the energy and natural resources industry adapt, innovate and grow.