Applications of Artificial Intelligence in Power Sector
Artificial Intelligence uses has a vast scope. It can be used in various fields like engineering, medical, power sector, space research, etc. Today I will be writing about its uses in the power sector(specifically in the electricity department). So without much ado, let’s get started!
1. Real-Time Energy Monitoring
Artificial Intelligence can be used to display real-time statistics from live data and trigger required notifications for different alerts.
2. Load forecasting
Short-term load forecasts are vital for utilities. Artificial Intelligence could be used to forecast supply and demand in real-time and optimize economic load dispatch.
3. Revenue Forecasting
Artificial Intelligence can be used to predict revenue in succeeding months or years.
4. Failure Detection
Artificial Intelligence can be used to detect failures before they happen, which can save money, time, and lives.
5. Energy Theft
Artificial Intelligence can be used to detect usage patterns, payment history, and other customer data that may signal irregular behavior.
Artificial Intelligence can be used to generate various kinds of informative reports.
7. Drone Autonomous flight
Artificial Intelligence can be used to initiate drone inspections and collect information from its video footage and take decisions accordingly.