AI-Based Forecasting for Optimised Solar Energy Management and Smart Grid Efficiency
MIT Center for Transportation & Logistics Research Paper No. 2024/020
International Journal of Production Research, volume 62, issue 13, 2024[10.1080/00207543.2023.2269565]
Posted: 24 Apr 2025
Date Written: January 01, 2024
Abstract
This paper considers two pertinent research inquiries: ‘Can an AI-based predictive framework be utilised for the optimisation of solar energy management?’ and ‘What are the ways in which the AI-based predictive framework can be integrated within the Smart Grid infrastructure to improve grid reliability and efficiency?’ The study deploys a Deep Learning model based on Long Short-Term Memory techniques, leading to refined accuracy in solar electricity generation forecasts. Such an AI-supported methodology aids power grid operators in comprehensive planning, thereby ensuring a robust electricity supply. The effectiveness of this framework is tested using performance metrics such as MAE, RMSE, nMAE, nRMSE, and (Formula presented.). A persistent model is utilised as a reference for comparison. Despite a slight decrease in predictive precision with the expansion of the forecast horizon, the proposed AI-based framework consistently surpasses the persistent model, particularly for horizons beyond two hours. Therefore, this research underscores the potential of AI-based prediction in fostering efficient solar energy management and enhancing Smart Grid reliability and efficiency. © 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
Keywords: "Artificial intelligence", "deep learning", "energy operations", "renewable energy", "shortage economy", "smart grids"
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