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AI for Electricity Market Design

In: Handbook of Smart Energy Systems

Author

Listed:
  • Krishna Sathvik Mantripragada

    (University of North Texas, Information Technology and Computer Science)

  • Michel Fathi

    (Information Technology and Decision Sciences, University of North Texas)

Abstract

Artificial intelligence (AI) has begun to reveal itself at an unprecedented rate in recent years. AI can drastically alter our cities and society due to its advanced capabilities. Despite its expanding importance, AI’s urban and societal ramifications have received little attention. This chapter introduces the concept of an artificially intelligent city as a potential successor to the popular smart city brand – where a city’s smartness has become strongly associated with the use of viable technological solutions, including AI, to contribute to ongoing efforts to address this research gap. The research investigates whether creating artificially intelligent cities can protect humanity from natural disasters, pandemics, and other tragedies. This opinion is based on a detailed examination of the present state of AI literature, research, advances, trends, and applications.

Suggested Citation

  • Krishna Sathvik Mantripragada & Michel Fathi, 2023. "AI for Electricity Market Design," Springer Books, in: Michel Fathi & Enrico Zio & Panos M. Pardalos (ed.), Handbook of Smart Energy Systems, pages 2059-2074, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-97940-9_135
    DOI: 10.1007/978-3-030-97940-9_135
    as

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