Despite the large number of technology-intensive organisations, their corporate know-how and underlying workforce skill are not mature enough for a successful rollout of Artificial Intelligence (AI) services in the near-term. However, things have started to change, owing to the increased adoption of data democratisation processes, and the capability offered by emerging technologies for data sharing while respecting privacy, protection, and security, as well as appropriate learning-based modelling capabilities for non-expert end-users. This is particularly evident in the energy sector. In this context, the aim of this paper is to analyse AI and data democratisation, in order to explore the strengths and challenges in terms of data access problems and data sharing, algorithmic bias, AI transparency, privacy and other regulatory constraints for AI-based decisions, as well as novel applications in different domains, giving particular emphasis on the energy sector. A data democratisation framework for intelligent energy management is presented. In doing so, it highlights the need for the democratisation of data and analytics in the energy sector, toward making data available for the right people at the right time, allowing them to make the right decisions, and eventually facilitating the adoption of decentralised, decarbonised, and democratised energy business models.

Highlights A predictive model is proposed to analyse and forecast the COVID-19 pandemic. The Limited Failure Population (LFP) and Truncated Data (TD) concepts have been used. A Risk Index (RI) has been introduced to assess the future COVID-19 country risk.

No abstract

No abstract

Fuzzy cognitive maps (FCM) have recently gained ground in many engineering applications, mainly because they allow stakeholder engagement in reduced-form complex systems representation and modelling. They provide a pictorial form of systems, consisting of nodes (concepts) and node interconnections (weights), and perform system simulations for various input combinations. Due to their simplicity and quasi-quantitative nature, they can be easily used with and by non-experts. However, these features come with the price of ambiguity in output: recent literature indicates that changes in selected FCM parameters yield considerably different outcomes. Furthermore, it is not a priori known whether an FCM simulation would reach a fixed, unique final state (fixed point). There are cases where infinite, chaotic, or cyclic behaviour (non-convergence) hinders the inference process, and literature shows that the primary culprit lies in a parameter determining the steepness of the most common transfer functions, which determine the state vector of the system during FCM simulations. To address ambiguity in FCM outcomes, we propose a certain range for the value of this parameter, $${\uplambda }$$ λ , which is dependent on the FCM layout, for the case of the log-sigmoid and hyperbolic tangent transfer functions. The analysis of this paper is illustrated through a novel software application, In-Cognitive, which allows non-experts to define the FCM layout via a Graphical User Interface and then perform FCM simulations given various inputs. The proposed methodology and developed software are validated against a real-world energy policy-related problem in Greece, drawn from the literature.