Machine Learning Applications in Electric Power Systems: Enhancing Efficiency, Reliability, and Sustainability

19 Pages Posted: 1 Mar 2024

Date Written: january 25, 2024

Abstract

The integration of machine learning techniques into electric power systems has revolutionized the way we generate, transmit, and distribute electrical energy. Machine learning algorithms have demonstrated their potential to enhance the efficiency, reliability, and sustainability of power systems by leveraging the vast amount of data available in this domain. This abstract provides an overview of the applications of machine learning in electric power systems and its impact on the aforementioned areas.

Efficiency improvement is a critical aspect of power systems, and machine learning has been instrumental in optimizing the generation, scheduling, and dispatching of electricity. By analyzing historical data and real-time measurements, machine learning models can predict electricity demand accurately, enabling utilities to optimize their generation resources and reduce operational costs. Additionally, machine learning algorithms can identify and mitigate power losses, optimize load balancing, and improve energy efficiency in power-intensive industries.

Enhancing reliability is another crucial aspect of electric power systems, and machine learning has proven effective in predicting and preventing power outages. By analyzing historical outage data, weather patterns, and other relevant factors, machine learning models can forecast potential failures and provide early warning systems for maintenance and repairs. These predictive capabilities allow utilities to proactively address issues, minimize downtime, and improve overall system reliability.

Sustainability is a growing concern in the power sector, and machine learning plays a pivotal role in enabling the integration of renewable energy sources into the grid. Machine learning algorithms can predict renewable energy generation based on weather patterns, historical data, and other factors, facilitating the efficient integration and management of solar, wind, and other clean energy sources. Furthermore, machine learning techniques can optimize energy storage systems, such as batteries, by predicting energy demand and optimizing charging and discharging cycles.

However, the successful deployment of machine learning in electric power systems also poses challenges. Issues such as data quality, privacy, and cybersecurity need to be carefully addressed to ensure the reliability and integrity of machine learning models and the overall power system.

Keywords: machine learning models

Suggested Citation

Kaledio, Potter, Machine Learning Applications in Electric Power Systems: Enhancing Efficiency, Reliability, and Sustainability (january 25, 2024). Available at SSRN: https://ssrn.com/abstract=4716389 or http://dx.doi.org/10.2139/ssrn.4716389

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