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Electricity Systems: Difference between revisions

=== Enabling low-carbon electricity ===
 
*'''[[Electricity Supply Forecasting|Supply]] and, [[Energy Demand Forecasting|demand]] and [[Energy Price Forecasting|price]] forecasting''': The supply and demand of power must both be forecast ahead of time to inform electricity planning and scheduling. In more volatile energy systems, also forecasting of prices becomes relevant to utilize flexibility effectively. ML can help make these forecasts more accurate, improve temporal and spatial resolution, and quantify uncertainty.
*'''Improving [[Power System Optimization|power system optimization]]''': Scheduling algorithms on the power grid have trouble handling large quantities of solar, wind, and other time-varying electricity sources. ML can help improve electricity scheduling algorithms, control storage and flexible demand, and design real-time electricity prices that reduce CO<sub>2</sub> emissions.
*'''Improving [[Power System Planning|system planning]]''': Algorithms for planning new low-carbon energy infrastructure are often large and slow. ML can help speed up or provide proxies for these algorithms.
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