Abstract
Despite the high pace at which AI navigates in various areas of the business, there are still aspects to provoke restraints and limitations. Such restrains could be regarded to the concerns in experts that they would be literally substituted by the machines. In the same time, the dynamycal of the surrounding environment apply the necessity of accelerated optimisations of processes and namely by the abilities offered by of the AI. This article aims to identify how AI can improve risk management processes which are the pros and cons and how it relates to experts in the field. In order to determine the possibilities to integrate AI by the risk prevention during working with natural gas, the following are analyzed here: the importance and place of natural gas in the economy; the main risks by the transmission and storage of natural gas; the place of AI in risk prevention. An empirical study is conducted in this material, which reveals the opinion of experts in the field and their attitudes regarding AI. All this is aimed at achieving the goal of reducing the risk and negative consequences of its manifestation in the transmission and storage of natural gas.
Highlights
To understand the essence of the topic, it is first necessary to determine the importance of natural gas for the economy
The results show that more than half (55.7%) do not feel threatened by AI, and according to them, the risk prevention process can be supported by the opportunities provided by artificial intelligence, but the main decisions will continue to be made by experts in the field
The importance of natural gas for the world economy will be a priority in the coming years
Summary
To understand the essence of the topic, it is first necessary to determine the importance of natural gas for the economy. In September 2020, the European Commission has set itself the ambitious goal of reducing greenhouse gas emissions by at least 55% by 2030 compared to levels from 1990. This will allow Europe’s economy to evolve to “climate-neutral” [1]. It is a known fact that from the spread fuels in use, the natural gas is among the most environmental friendly This is one of the reasons why it remains a preferred energy source and the forecasts are its consumption to increase [2]. According to Rios-Mercado and Sanchez [4], natural gas is a future energy source They define a number of advantages in support of its consumption. For 2020 natural gas consumption is widely spread in almost all parts of the world [5]
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
