Utilization of Renewable energy for Industrial Applications using Quantum Computing

Abstract

Even though the energy and utilities industry have trouble integrating new technologies for a long time, the benefits of quantum computing make it worth the trouble. In the past, it has been hard for the utilities industry to use new technology to drive strategic initiatives. But those who do see big improvements in how well they run their businesses. For example, utilities that put a lot of money into digital transformation have the chance to cut their operating costs by about 25%. Quantum computing is a new field of technology that is not as well developed as digital projects, but it is still something that modern renewable energy and utility companies should look into. Quantum computing will give utilities a lot more computing power, which will let them solve business problems that were too hard to try before.