Because of quantum computing’s ability to more efficiently explore thousands of scenarios, optimization applications in the energy and utilities sector are ideal since they are complex systems that require compute power beyond what even the most powerful classical computers can currently provide.
In addition to solving complex optimization problems, quantum computers may be able to aid in chemistry and materials development far beyond the capacity of present-day supercomputers. Such simulations could lead to breakthroughs in materials science such as batteries with greater capacity and longer life spans, high temperature superconductors, and new catalysts for converting and optimizing alternative fuel sources.