How Tesco Used AI to Slash Energy Expenses

  • Tesco reduces energy costs by 10% with new AI technology
  • Trial involves raising fridge temperatures by one degree
  • Ethos AI system helps save 4GWh of energy and 835 tonnes of CO2e
  • Chill temperatures increased by 1°C, resulting in major savings
  • Return on investment achieved in under three months

Tesco has successfully reduced its energy expenses by 10% in eight distribution centres through a trial using new AI technology. The trial involved raising the temperature of the fridges by one degree, challenging conventional practices in the sector. The AI system, Ethos, installed by Star Refrigeration, helped Tesco save 4GWh on energy costs and over 835 tonnes of CO2e in its refrigerated distribution network over 21 months. By increasing chill temperatures by 1°C, Tesco achieved significant savings. The return on investment was achieved in under three months.

Factuality Level: 8
Factuality Justification: The article provides specific details about Tesco’s energy-saving measures with the help of new AI technology and refrigeration engineering company. It includes data on energy savings and CO2 emissions reduction, as well as quotes from Tesco’s group energy manager. The information is focused, relevant, and supported by concrete examples, making the article highly factual.
Noise Level: 3
Noise Justification: The article provides relevant information about Tesco’s energy-saving initiative using AI technology. It includes details on the results of the trial, the amount of energy saved, and the impact on CO2 emissions. The article stays on topic and supports its claims with specific examples and data. However, there are some repetitive details and unnecessary information towards the end of the article that could be considered noise.
Financial Relevance: Yes
Financial Markets Impacted: The article provides information about Tesco’s cost-saving measures using AI technology, which could potentially impact the company’s financial performance.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article focuses on Tesco’s energy cost reduction through the use of AI technology and does not mention any extreme events.

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