The Big Data, Artificial Intelligence, and Blockchain in True Cost Accounting for Energy Transition in Europe

Gusc, Joanna; Bosma, Peter; Jarka, Sławomir; Biernat-Jarka, Agnieszka

doi:10.3390/en15031089

Cited by 18 publications

(6 citation statements)

References 84 publications

(110 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Amsterdam, Netherlands: Amsterdam has implemented an artificial intelligence-powered energy management system that utilizes data collected via smart meters and building sensors to optimize energy use while simultaneously decreasing greenhouse gas emissions. AI algorithms use analysis results in energysaving actions like changing building temperatures or lighting levels resulting in reduced costs and greater sustainability [29,31].…”

Section: Case Studies: Ai In European Smart Citiesmentioning

confidence: 99%

AI-enabled transition to smart European cities

Marji,

Kohout,

Chen

et al. 2024

APP

View full text Add to dashboard Cite

Smart cities continue to be discussed throughout Europe as a result of the continent’s rising urbanization and the need for sustainable development. Artificial intelligence (AI) has the potential to significantly promote this shift by assisting cities in becoming more effective, sustainable, and receptive to the requirements of their residents. The goal of this study is to examine the potential and difficulties of AI in urban development and present a framework for incorporating AI into city planning and management in European cities. This is done by analyzing case study examples from European cities and examining primary and secondary data sources, with the aim of providing a comprehensive framework for the sustainable integration of AI systems. This study presents a set of ethical and inclusive AI criteria, such as transparency, inclusion, and accountability, to enable responsible AI research and implementation. It continues by emphasizing the need for efficient AI integration in smart cities and pushing for a holistic AI-enabled transition to inclusive and sustainable smart cities.

show abstract

Section: Case Studies: Ai In European Smart Citiesmentioning

confidence: 99%

AI-enabled transition to smart European cities

Marji,

Kohout,

Chen

et al. 2024

APP

View full text Add to dashboard Cite

show abstract

“…Existing energy models, primarily based on traditional fossil fuels, face significant limitations in addressing environmental, social, and economic externalities. Gusc et al (2022) discuss the challenges in energy transition decision-making and how big data, AI, and blockchain could contribute to more sustainable energy production [11]. The study highlights the need for True Cost Accounting (TCA) in the energy sector, emphasizing the role of technology in facilitating this transition.…”

Section: Literature Review Existing Energy Models and Their Limitationsmentioning

confidence: 99%

Empowering Prosumers in the Energy Sector: Integrating AI and Blockchain for Enhanced Photovoltaic and Battery Systems

Bodemer

2024

Preprint

View full text Add to dashboard Cite

show abstract

Section: Literature Review Existing Energy Models and Their Limitationsmentioning

confidence: 99%

Empowering Prosumers in The Energy Sector: Integrating Ai And Blockchain For Enhanced Photovoltaic and Battery Systems

2024

Eng OA

View full text Add to dashboard Cite

In a world where energy is as precious as the finest diamonds, and the quest for sustainable living is akin to a high-stakes spy game, a new era of energy prosumers emerges from the shadows. This tale unfolds in the quiet corners of ordinary neighborhoods, where unsuspecting homeowners hold the key to a revolution in the energy sector. Our protagonists are private clients, each equipped differently in this energy escapade: some with no photovoltaics (PV) or stationary batteries, others with either PV or batteries, and a few with both, harnessing the sun’s power and the might of modern storage. Like a mastermind plotting in a secret lair, Artificial Intelligence (AI) enters the scene. It’s the unseen hero, working tirelessly to analyze, predict, and optimize. AI, with its intricate web of algorithms, becomes the brain behind the operation, determining the most efficient use of energy, managing storage, and turning every joule of electricity into a strategic asset. But what’s a thriller without a twist? Enter blockchain, the enigmatic and unbreakable technology, ensuring every energy transaction is secure, transparent, and immutable. In this world, blockchain isn’t just a ledger; it’s the trusty sidekick, the keeper of secrets, ensuring that every peer-to-peer energy exchange is a discreet affair, away from prying eyes. Our narrative takes a deeper dive in the ’Implementation’ chapter, a dossier of technical know-how and cunning strategies. Here, the AI and blockchain technologies are not just concepts but active agents in a grander scheme, integrated with PV systems and batteries. They’re not just tools; they’re characters in this play, each with a role, each with a purpose. As the plot thickens, we see the dance of electrons, the exchange of watts and volts, in a marketplace that’s as dynamic as the stock exchange. Homeowners, once mere spectators, are now key players in this game of energy and power. This paper isn’t just a collection of data and theories. It’s a narrative of change, a story of a future where every home is a powerhouse, every homeowner a prosumer. It’s a tale of technology and humanity converging to rewrite the script of energy consumption and production. So, dear reader, brace yourself for a journey into the heart of the energy sector, where AI and blockchain are not just the heroes but the harbingers of a new era. Welcome to the thrilling world of sustainable energy, where every decision, every watt, every battery, tells a story

show abstract

The Big Data, Artificial Intelligence, and Blockchain in True Cost Accounting for Energy Transition in Europe

Cited by 18 publications

References 84 publications

AI-enabled transition to smart European cities

AI-enabled transition to smart European cities

Empowering Prosumers in the Energy Sector: Integrating AI and Blockchain for Enhanced Photovoltaic and Battery Systems

Empowering Prosumers in The Energy Sector: Integrating Ai And Blockchain For Enhanced Photovoltaic and Battery Systems

Contact Info

Product

Resources

About