Empowering Energy Security and Efficiency through AI-Driven Product Management in Modern Energy Grid
Omoikhefe Aienloshan *
Department of Business Analytics, Hult international Business School, San Francisco CA, California, US State.
*Author to whom correspondence should be addressed.
Abstract
This study aims to investigate the impact of artificial intelligence (AI) on energy efficiency and security, exploring the potential of predictive analytics and machine learning to optimize grid performance. Various factors have contributed to the transformation of the energy sector. The global consumption of energy is gradually rising as the global population increases, calls for reduced emission of carbon to the atmosphere are rising as issues to climate change gain more attention than before, and management of the grid that is involved in the supply of energy has become a complicated balloon. Artificial Intelligence (AI) stands at the vanguard of this revolution, with new approaches based on intelligent solutions which hold the potential not only to improve energy supplies but also to provide improvements in the efficiency of measures surrounding the product. Otherwise, AI-driven product management means the use of AI in the process of product development management within an energy system, which is aimed at optimizing the company’s processes, making the right decision at the right time, etc. With such networks becoming more interconnected, diverse and heterogeneous, especially due to a diversification of energy sources to renewables, such management with the help of AI can substantially contribute to energy security and efficiency. It will take the form of understanding how product management through the use of Artificial Intelligence energy systems can be made sustainable, resilient, and efficient thus the need for this paper.
Keywords: Artificial intelligence, energy efficiency, security, grid performance