ABSTRACT
In recent times artificial intelligence (AI) has gained relevance in various sectors. The term artificial intelligence is broad, and almost all sectors utilize this advanced technology. AI becomes more and more important in the energy sectors because the potential that AI holds is enormous, and the development that it can provide for the future design of the energy sector is astounding. The applications where AI can be utilized is almost infinite: smart grids, electricity trading, coupling, etc. The digitalization is here, and along with it the energy sector is moving into digitalization. AI is versatile and makes the energy industry very efficient and able to evaluate the data for better performance of energy-sector digitization. This chapter explains the various aspects of AI’s significance, advantages, and applications in the energy sector and how it will improve the life of people and the world together.
