Artificial intelligence (AI) has been making waves in the energy industry, particularly in the area of smart grid demand response. Demand response is the process of managing energy consumption during peak demand periods, where energy usage is at its highest. By utilizing AI in demand response, energy providers can optimize energy consumption, reduce costs, and improve overall grid efficiency.
One of the main benefits of AI in smart grid demand response is its ability to predict energy demand. AI algorithms can analyze historical data, weather patterns, and other factors to accurately predict when peak demand periods will occur.