ARTIFICIAL INTELLIGENCE AS A DRIVER OF ECONOMIC GROWTH AND ENERGY TRANSFORMATION OF THE WORLD ECONOMY

Abstract

The research discusses artificial intelligence, as a tool for energy management and driver for global economic growth. Applying ML into the entire energy chain starting from the generating process to power delivery to consumers ensures better parameters of flexibility, robustness, efficiency in the electric power system. We found and described principal directions of usage of artificial intelligence in the energy sphere such as management of smart grids, prediction of power load and balancing, and introduction of distributed generation, consumption optimization in industry, household, data centres, etc. We made a brief review over rising energy demand for training complicated ML models and meanwhile huge capabilities artificial intelligence to the economy of energy, and decrease of industrial CO2 emission.