MIT Lab Gets Funding for AI-Driven Smart Grid Project

MIT Lab Gets Funding for AI-Driven Smart Grid Project

MIT’s Laboratory for Information and Decision Systems (LIDS) received $1.36M from ARC to develop AI-driven models for smart grid data. The models will generate realistic data, aiding in planning scenarios beyond existing data capabilities. This will benefit energy tech startups and rural electric utilities by mitigating risks associated with deploying new technologies. The project signifies the transformative potential of generative AI in the energy sector, fostering a more sustainable future.