Powering Up the Renewable Energy Market with AI Document Analysis

When you think about the world of renewable energy and AI, document analysis probably doesn’t come to mind first. However, AI-powered document and contract analytics are becoming a vital tool as the number and complexity of energy needs grow. Joining Daniel Litwin today to discuss the topic is Kristina Peterson, SVP of Power & Renewables at ThoughtTrace.

The U.S. Energy Information Administration (EIA) projects that renewables will collectively increase to 49% of global electric generation by 2050. With this surge in products comes a substantial amount of complex data and contracts.

“With huge growth in the industry, that means more complex transactions. From asset to management to financing to mergers and acquisitions, it’s a lot of data and documentation,” Peterson said.

While the use of AI in document analytics isn’t new, ThoughtTrace’s platform is read contextually for meaning, not words.

“It’s also customized for renewables out of the box,” she added.

Renewables are highly regulated with obligations for performance as well as the need to meet compliance, which can be different by state. Ultimately, ThoughtTrace seeks to help the market streamline management of projects.

“There are three key areas in the space that matter: managing risk, reducing costs, and increasing revenues. Those using AI-assisted document analytics are more likely not to miss an obligation and optimize the operational perspective. I believe those that don’t leverage it will be left behind,” Peterson said.

Follow us on social media for the latest updates in B2B!

Image

Latest

Baker Tilly
Baker Tilly Bridges Cultures and Markets to Power U.S.–China Business Growth
November 14, 2025

Baker Tilly’s U.S.–based China practice supports Chinese enterprises operating in the United States as well as U.S. companies with Chinese-heritage leadership. Team members such as Beverly Bian, Terry Dickens, and Lucy Ni work with clients ranging from early-stage ventures to major multinational organizations navigating cross-border growth. The practice distinguishes itself through its bilingual capabilities…

Read More
construction
Empowering Excellence: How Rick Ward Elevates Southwest Construction Services
November 13, 2025

In an industry where timelines tighten and jobsite complexities grow by the day, quality assurance has become one of construction’s most defining—and differentiating—disciplines. At its core, QA isn’t just about correcting mistakes; it’s about building systems and people capable of preventing them in the first place. This is especially true in specialized sectors…

Read More
training
Empowering Teams Through a Modern Training Culture
November 13, 2025

Training may be the backbone of any skilled trade, but in waterproofing—where mistakes can compromise entire structures—it becomes a defining competitive advantage. At Southwest Construction Services, the evolution of training reflects a larger industry shift: seasoned crews now rely less on formal classroom sessions and more on hyper-focused, on-site guidance tailored to the…

Read More
quality assurance
Ensuring Excellence: How Quality Assurance Shapes Every Successful Project
November 13, 2025

In an era of rising climate volatility and tighter construction tolerances, waterproofing has quietly become one of the most consequential guardians of a building’s long-term health. Too often, the industry treats it as an afterthought—something buried behind walls, beneath slabs, or under layers of finish—but the truth is that its success or failure can…

Read More