This can be achieved by matching supply and demand of energy and making use of extra space on the grid when it is available. Additionally, optimizing usage of grid capacity can reduce the cost of grid reinforcements, which are expected to reach up to 102 billion by 2050 in the Netherlands alone [PwC, 2021].
AIFES
To effectively match supply and demand, it is important to proactively gain insight into the expected generation and consumption. This can be done by having AI algorithms analyse data from various sources, such as weather forecasts, energy production and patterns of energy consumption. This allows the AI algorithm to learn and predict variations in generation and consumption so that it can respond proactively. This allows network operators, together with market parties, to better manage the flows on the grid. This reduces costs and increases the stability and reliability of the grid. AI is crucial to make better use of the electricity grid and enable the energy transition.
Grid operators, knowledge institutions and market parties have joined forces for this and have started the AI for the Future Energy System project (AIFES) with the help of AINed. In the first phase from April to September 2023, a Proof-of-Concept (POC) is realized, in which market parties, regional and national grid operators show for a concrete case how the grid can be optimally balanced and transport capacity can be optimally made available to the market parties using state-of-the-art AI technologies. Experts in energy data exchange help achieve this in a standard way, while experts from knowledge institutions ensure that the POC uses and is in line with the academic state-of-the-art.
Participating parties are Alliander, Tennet, CWI, TUD, HvA, SIA Partners, MFFBAS and Giga Storage. The project is partly funded by AINed.