The Power of Artificial Intelligence in Grid Management
Artificial Intelligence (AI), particularly machine learning, is undeniably revolutionising numerous sectors. Among them, the electric utilities are witnessing a keyword: efficiency. Machine learning could potentially aid electric utilities enhance grid planning, rollout, and location selection. It also promises greater reliability and resilience, according to recent findings. However, the US Department of Energy (DOE) warns about the risks associated with ‘naïve’ deployment.
Machine Learning for Enhanced Grid Planning and Permitting
Machine learning, a subset of AI, is primed to redefine the way grid planning and permitting occurs. Algorithms can now accurately predict the best grid layouts depending on geographic, demographic, and financial parameters. Permitting can be address proactively rather than reactively, thanks to analytic tools that identify potential bottlenecks and suggest rectifications before they become a problem.
In the AI-driven utility world, Grid Singularity stands out as a progressive service that uses distributed ledger technologies for grid management, offering services like grid feasibility studies, grid planning, and risk assessment.
Ensuring Reliability and Resilience
Apart from planning and permitting, machine learning excels at ensuring the reliability and resilience of electric utilities. The technology helps predict equipment failure before it happens through predictive maintenance, ensuring service reliability. It aids utilities in managing the demand-supply balance, thus ensuring system stability.
Companies such as SparkCognition provide AI-powered asset protection software that addresses these needs by predicting future failures and help create preventive maintenance schedules.
The ‘Naïve’ Deployment Risk
While the benefits of AI in electric utilities are abundant, the DOE warns of the risks that come along. Naïve or unthoughtful deployment of AI technologies could lead to severe implications.
One such risk is cybersecurity. The integration of AI presents new vulnerabilities for hackers, who continually search for weaknesses in the system. This threat is detrimental, considering the vital role of electric utilities in modern societies.
Secondly, AI requires extensive data inputs. The mismanagement of this data could lead to incorrect decision-making, further accentuating the risk of a catastrophic failure.
Lastly, a naïve deployment could also lead to an over-reliance on AI. Given the complex nature of grid management and operation, human oversight is necessary to ensure processes are working correctly and safely.
Approaching AI Integration Sensibly
As the electric utilities sector becomes increasingly digital, careful thought needs to be given to the way AI is deployed.
Training employees to understand and operate the AI applications is as important as the deployment of the AI itself. Furthermore, regulation around AI deployment needs reinforcement to ensure companies are protected from cyber threats.
Companies such as Darktrace are leading the way in developing AI for cyber defense, helping businesses see and stop threats before they cause harm.
AI holds the potential to optimize grid management, operations, and planning. However, its deployment needs a holistic strategy that takes into account all possible risks to maximise the benefits while minimizing potential downsides. This important intersection between technology and utility management promises exciting times ahead for the sector.
*Machine Learning could help electric utilities improve grid planning, permitting and siting, reliability and resilience, according to a new …*