OPTIMISATION OF ENERGY MARKET BY ARTIFICIAL INTELLIGENCE
Project dates: 01. Nov 2020 - 31. Jan 2022
Objective
Sensing & Control (S&C) has a customer energy management product, enControl™ that can be complemented with new Smart Grid functionalities that are expected to be developed in this proposal. The Smart Grids category covers solutions for the smart control and management of power networks and installations. The use of Artificial Intelligence techniques will enable to develop decision-making approaches based on multi-source information fusion, data predictive analytics, and to create a marketplace capable of joining and smart managing both energy supply and demand.
Our objective through OPENAI is to contribute to the increase of energy efficiency with a specific focus on the Smart Grid functionalities. The European Union requires each Member State to deliver a fixed amount of end-use energy savings over the next 2021-2030 obligation period. Our main interest in this project is not only strategic considering our current product roadmap but also is a social objective since we can contribute to the climate solution. The transition to a low carbon economy, the digitalization of Power Grids and the decentralization of Power Generation are business innovation opportunities for S&C. Also, since 2019, S&C is part of the larger AMPER group which gives us access to clients from the Energy sector, in particular from the generation and distribution side.
For the new functionalities within Smart Grid, the specialized skills / knowledge we are looking for in the Innovation Associate (IA) are the following with requirement to have a PhD in a combination with expertise in deep practical knowledge in sharing economy by using artificial intelligence, understanding of energy generation and distribution control systems, and experience in developing decision-making approaches and forecasting algorithms.