Energy Magazine December 2022 | Page 34

IOT

Title

of the video The Digital Transformation of Shell
Building smart grids with artificial intelligence Whereas IoT can help energy suppliers increase the efficiency of their grid management , utilising artificial intelligence ( AI ) can build smart grids . The need for this comes from the decentralisation of the grid and the fact that it is becoming more difficult to manage large numbers of grid participants .
By constructing more smart grids with AI , the participants can be allocated and managed more easily and power usage can be spread across several grids , reducing the strain on suppliers ’ current infrastructure .
Grid stability is another important consideration , and one which AI can also support with power trading . By evaluating statistics such as weather data and historical data , predictions and forecasts will be improved which ,
34 December 2022