Artificial intelligence – a factor that drives the development of the energy security of Bulgaria Cover Image

Изкуственият интелект – фактор за развитието на енергийната сигурност на България
Artificial intelligence – a factor that drives the development of the energy security of Bulgaria

Author(s): Ivelina Dimitrova Dimitrova
Subject(s): Politics / Political Sciences, Politics, Economy, Essay|Book Review |Scientific Life, Energy and Environmental Studies, Environmental and Energy policy, Security and defense, Conference Report, ICT Information and Communications Technologies
Published by: Висше училище по сигурност и икономика (ВУСИ)
Keywords: energy security; artificial intelligence; circular economy; digitalization; automatization; linear economy; renewable energy; energy risks; smart systems; energy self-sufficiency; energy resources
Summary/Abstract: Artificial intelligence has decisive role for the economic development, for the transition from linear to circular economy and for the improvement of the well-being of people worldwide. Artificial intelligence is also closely connected to digitalization, automatization, smart systems, etc. Being everywhere around us, artificial intelligence enters in all sectors of the economy, including the energy sector. It improves economic performance, helps in forecasting and prevention, provides timely information and saves costs. In this sense, artificial intelligence is a valuable instrument also for the development and ensuring of the energy security in Bulgaria. It can be applied in all levels of the energy cycle – the upstream, midstream and downstream stages of production of energy resources, in the energy transport infrastructure, in the energy storage and also in the energy consumption. As a conclusion, it can be said that the timely application of artificial intelligence can reduce energy losses, optimize energy consumption, decrease energy expenses and give accurate and timely information for planning and forecasting.