Artificial Intelligence for Energy Efficiency: Predicting the Unpredictable
7 Pages Posted: 22 Jul 2019
Date Written: February 12, 2019
Abstract
Artificial Intelligence and machine learning are playing a vital role in keeping up with the global demand for clean, cheap and reliable energy. Recent studies show how the world is investing more on renewable sources of energy than the traditional fossil ones which brought the interest in maximizing its utilization. This paper shows research over supply-demand curve, how artificial intelligence predicts the future demands of the energy by intelligently evaluating the unpredictable weather conditions and managing the integrated system (which is a combination of renewable sources and fossil fuels) to optimize the production of electricity. This way clean energy will be produced for the people, it will lower down the storage cost and consumer billing costs; it will enhance the output by the use of renewable sources of energy.
Keywords: Optimization of Renewable Resources, Forecasting, Integrated system, Artificial Intelligence, Machine Learning
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