Artificial Intelligence in Energy Management: A Comprehensive Literature Review on Methods, Applications, and Challenges
Authors:-Jayendra Jadhav, Aashirwad Mehare, Aditya Wandhekar, Sanyukta Pawar, Pranjal Chavan, Vedant Nigade
Abstract-:The mounting pressure for efficient and sustainable energy solutions has driven the adoption of Artificial Intelligence (AI) in contemporary energy systems. This literature review consolidates evidence from more than 20 recent studies on AI-based approaches for renewable energy and smart grid management. It discusses AI methods like machine learning, deep learning, reinforcement learning, and optimization techniques applied in energy forecasting, load management, fault detection, and demand response. The review emphasizes AI’s application in improving energy efficiency, lowering costs, and facilitating decentralized energy systems. It also touches on the most important hardware devices involved, e.g., photovoltaic panels, smart meters, IoT devices, and battery storage systems. Although it has the potential to transform, the use of AI in energy systems is confronted with various challenges such as high infrastructure expenditure, data needs, system integration problems, and regulatory issues. This paper concludes by establishing research gaps and outlining future directions for the complete utilization of AI to achieve a sustainable and intelligent energy ecosystem.
