Artificial intelligence Part 3: Real Grid-Operations Benefits Aclara Blog
In Part 3 of our series on how utilities are using artificial intelligence, we look at how AI amplifies analytics for grid operations. Duke Energy saved some $130 million in avoided costs by using predictive data analytics to identify problems before they caused equipment failures. A utility in Brazil estimates savings in the range of $420,000 USD each month through better, analytics-based theft detection. Because, as an article published by Forbes notes, "Machine learning is a continuation of the concepts around predictive analytics, with one key difference: The AI system is able to make assumptions, test and learn autonomously." With these enhancements, data science will become more powerful than ever, and utilities stand to gain.
Feb-27-2020, 17:38:04 GMT