The artificial intelligence in renewable energy industry is expanding at a CAGR of 27.9% from 2021 to 2030. The study shows that AI-related technologies may efficiently address problems connected to integrating renewable energy with power systems, such as forecasting solar and wind energy, controlling the frequency of the power system, and assessing transient stability.
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American virtual power plant (VPP) provider AutoGrid Systems (AutoGrid) has partnered with Canadian thermostat manufacturing startup Mysa to scale and launch VPP projects.
Increasing need to obtain operational efficiency to meet energy requirements are key factors driving global Artificial Intelligence in energy market growth.
Integrated virtual power plant driven by wide range of renewable energy systems such as solar, wind give flexibility to trade energy in different energy markets