Innovations in AI, Io T and cybersecurity to make electricity systems and industrial processes more efficient, flexible, clean and secure dominated Bloomberg New Energy Finances summit in New York.

Metron, in France, is an international provider of an Energy Virtual Assistant that uses AI to predict energy usage and help industrial facilities achieve the energy efficiency standard ISO 50001 and quickly recoup the cost of implementing energy management tech.

Most manufacturing companies lack a dedicated team that would constantly analyse the flow of energy in their facilities and produce actionable insights to tackle the ever-increasing energy burden, Metrons chief executive officer Vincent Sciandra said.

Still in France, Navya provides low speed driverless electric shuttles, while over the channel in the UK, Ubitricity provides charge points for local authorities and residents in neighbourhoods where the standard provision of on site EV charging facilities for local residents is not always easy .

Attacks on power stations and industrial facilities are becoming increasingly common now that they are being wired up for automation and energy management.