ARTIFICIAL INTELLIGENCE IN ENERGY MARKETS AND POWER SYSTEMS
Unknown authors
Abstract
The use of artificial intelligence in power systems and energy markets has been gaining attention in recent years.AI algorithms are being developed and deployed to sustain the efficiency, reliability, and sustainability of the power sector.Applications of AI in this area include demand response optimization, energy forecasting, grid optimization, fault detection, and energy trading.These applications have the potential to transform the power and energy sector, enabling more efficient, reliable, and sustainable energy systems.Ongoing research in this area is focused on advancing the use of AI in power systems and energy markets, with the aim of facilitating the transition towards a cleaner and more sustainable energy future.The development of AI-based tools and technologies for the power sector has the potential to revolutionize the way energy is produced, distributed, and consumed, making it possible to meet the growing demand for energy while reducing carbon emissions and addressing climate change.