Accenture uses AI-powered database to help lower Colonial Pipeline Interstate System electricity rates

ATLANTE, July 14, 2022–(BUSINESS WIRE)–Accenture (NYSE:ACN) Uses Proprietary Artificial Intelligence (AI)-Powered Database to Help Colonial Pipeline, the Largest Refined Products Pipeline in the United States, Reduce Tariffs regulated and deregulated electric utilities for its interstate pipeline system.

The energy management project relies on Accenture’s Utility Tracking System (UTS), a proprietary database of approximately 30 million anonymized utility bills that the company has been aggregating for more than 20 years. year. Designed to identify electricity pricing options around the world, UTS uses AI-powered insights and automation as part of Accenture’s SynOps platform to continuously improve the efficiency and reliability of power pricing recommendations. savings in electricity tariffs.

Accenture uses information generated by UTS to assess power bills for the operations of approximately 80 Colonial Pipeline pump stations along its 5,500-mile pipeline system, which delivers approximately 100 million gallons of refined petroleum products per day to markets in the southern and eastern United States. Armed with information about pricing options, Accenture presents lower-cost options — for example, a reduced cost per kilowatt-hour — to Colonial Pipeline, then works with utilities to help implement new pricing.

“This initiative, which is part of our ongoing efforts to optimize utility rates, has shown encouraging results early on and should continue to assist us in our comprehensive review of all utility accounts on our system,” said said Tony Leo, director of energy management and power optimization for Colonial Pipeline. “We look forward to continuing our partnership with Accenture as we identify opportunities to transition to renewable energy to power our pump stations.”

Yusuf Tayob, Group Managing Director, Accenture Operations, added, “Our work for Colonial Pipeline is a great example of how Accenture’s long-term investments in technology help clients build business resilience in a changing market environment. We look forward to making further progress on this project and helping Colonial Pipeline assess how it can purchase green energy, which is increasingly powering infrastructure as consumers and stakeholders demand cleaner air. and less impact on the environment. »

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About Colonial Pipeline:
Colonial Pipeline Company, founded in 1962, connects refineries – primarily located on the Gulf Coast – to customers and markets in the southern and eastern United States through a system of pipelines that spans more than 5 500 miles. The company supplies refined petroleum products such as gasoline, diesel, jet fuel, heating oil and fuel for the US military. Colonial is committed to ensuring safety and environmental stewardship in all of its operations. More information about Colonial is available at

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