Policy frameworks for integrating machine learning in smart grid energy optimization
Year: 2024
Type: article
Abstract: The integration of machine learning (ML) into smart grid energy systems represents a transformative approach to optimizing energy management and distribution. As smart grids evolve to accommodate renewable energy sources and fluctuating demand patterns, machine learning algorithms enable real-time data analysis, predictive maintenance, and dynamic load balancing, ensuring grid efficiency and reliability. This review explores the development of policy frameworks that support the integration of machine learning technologies within smart grids. These frameworks aim to address challenges such as data privacy, cybersecurity, and the need for standardization while fostering innovation and scalability. By examining existing policies and proposing new strategies, this study highlights the critical role of government and regulatory bodies in shaping a conducive environment for ML integration. Key policy recommendations include incentivizing research and development, establishing industry standards for data sharing and interoperability, and promoting cross-sector collaboration between energy providers, technology firms, and policymakers. The potential impact of these policy initiatives is profound, offering enhanced grid resilience, reduced operational costs, and accelerated transition to sustainable energy systems. Ultimately, the proposed policy frameworks seek to create a supportive ecosystem that maximizes the benefits of machine learning in smart grid energy optimization, contributing to a more efficient, secure, and sustainable energy future. Keywords: Machine Learning, Smart Grid, Energy Optimization, Policy Framework, Data Privacy, Cybersecurity, Renewable Energy, Load Balancing, Grid Resilience, Sustainable Energy Systems.
Institution: Redeemer's University
Language: English
Topic: Smart Grid and Power Systems
Subfield: Electrical and Electronic Engineering
Field: Engineering
Domain: Physical Sciences
Open Access status: diamond
OpenAlex ID: W4402283374