Ai-Powered Energy Management: Insights from Tata Power’s Innovations
*Dr. R. Jolly Rosalind Silva
**Dr.A.Morarji
* Associate Professor, Department of Commerce, Nanjil Catholic College of Arts and Science, Kaliyakkavilai, Kanyakumari District, TamilNadu, India silva.jolly@gmail.com Mob: 9487115859
** Professor, Department of Corporate Secretaryship, School of Management, Alagappa University, Karaikudi Tamilnadu, India, Email a.morarji@gmail.com Mob: 8072473113
Abstract
The energy sector faces growing challenges, including surging demand, resource limitations, and the urgent need for sustainability. Traditional energy management systems struggle to meet these challenges, especially with the increasing adoption of renewable energy sources and the need for stable and reliable grid operations. Artificial Intelligence (AI) has emerged as a transformative solution, offering advanced capabilities in demand forecasting, energy optimization, and real-time grid management. This paper explores the role of AI in addressing the complexities of modern energy management, using Tata Power's AI-based energy management system as a case study. Tata Power's innovative approach leverages AI algorithms and data-driven insights to optimize energy efficiency, reduce wastage, and integrate renewable energy sources seamlessly. The system also enhances grid stability through predictive analytics and automated decision-making, setting a benchmark for the industry.
The study delves into the challenges that prompted Tata Power to adopt AI and examines the conceptual framework of its implementation. By presenting the benefits and scalability of AI-driven energy solutions, this paper provides a roadmap for other energy providers to achieve efficiency and sustainability. The findings underline the critical role of AI in shaping the future of energy management and its potential to revolutionize the power sector on a global scale.
Key words: Artificial Intelligence (AI), Energy management, Tata Power, Renewable energy
