Explore how AI can be applied to the business needs of the power industry

Machine Learning


Machine Learning

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According to a recently published study, IET Power Generation, Transmission and Distribution Explore how artificial intelligence, specifically machine learning techniques, can be used as a powerful tool for the power and energy industry and its asset management.

By presenting practical applications and success stories, this study demonstrates the increasing acceptance of machine learning as a valuable technology to address current and future business needs in the power sector. It also evaluates the barriers and difficulties in implementing large-scale machine learning techniques in practical environments and explores potential solutions.

“To support the power sector's goal of efficient asset management, machine learning-based strategies must continue to be explored and developed. Doing so will help ensure sustainable, reliable and effective energy networks for the future while fostering resilient power systems that meet the changing demands of a changing world,” the authors write.

For more information:
A review of asset management using artificial intelligence-based machine learning models: Application to power and energy systems, IET Power Generation, Transmission and Distribution (2024). Published: 10.1049/gtd2.13183

Quote: Exploring how AI can be applied to the business needs of the electric power industry (June 12, 2024) Retrieved June 12, 2024, from https://techxplore.com/news/2024-06-exploring-ai-business-electric-power.html

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