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Impact of COVID-19 Related Shutdowns on Utility-Scale Electric Demand and Forecasting: An Indian Metropolitan Area Case Study

Posted by Dr. Mostafa Farrokhabadi on Jun 23, 2020 1:53:51 PM

The ongoing COVID-19 related shutdowns has had a profound impact on the electric demand profiles worldwide, as governments put strict mitigation and/or suppression measures in place. The global electrical demand has plummeted around the planet in the last few weeks, with countries such as Spain and Italy experiencing more than 20% decrease in their usual electric consumption. In view of such massive electric demand changes, electricity network operators are facing unprecedented challenges in scheduling energy resources, as short-term energy forecasting systems struggle to provide an accurate demand prediction. In fact, power systems operational reliability highly depends on an accurate projection of the future demand and scheduling an appropriate mixture of generation resources accordingly. In particular, short-term forecasts such as day-ahead are critical in managing the market operation uncertainty. Thus, recent changes expose operators to severe technical and financial risks caused by the demand imbalance, further reinforcing the adverse economic impacts of the pandemic.


The current paper presents and analyzes the impacts of the COVID-19 related measures on electric demand of an Indian metropolitan area, referred to here as the City. The paper investigates the most recent data to provide a systematic analysis of the change in the electric demand. In addition, it proposes strategies to mitigate the impact on forecasting performance.

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Topics: AI, Global Governance, COVID-19

Important Announcement: Intelligent Health AI is moving online

Posted by Intelligent Health on Jun 17, 2020 5:21:46 PM

The InspiredMinds approach to COVID-19 is with empathy, kindness and collaboration with our community – without borders.

 

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Topics: AI, Medicine, Digital Health, HealthTech, COVID-19, Online Summit

Webinar: The role of AI in assisting LMICs in the fight against COVID-19

Posted by Intelligent Health on Jun 2, 2020 11:29:02 AM

Join Intelligent Health on Wednesday 3rd June at 1pm BST as we reveal the 5th episode of our Going Viral webinar series. Key experts will share insights on the priority health needs, where AI-driven solutions can assist low and middle-income countries in the fight against COVID-19.

 

Coronavirus Disease 2019 has spread rapidly around the world with devastating consequences on patients, healthcare workers, health systems, and economies. Those who live and work in low- and middle-income countries (LMICs) held their collective breath as the single red dot on the world map morphed into red dots in almost every country in the world.

 

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Topics: AI, Medicine, Digital Health, HealthTech, MedTech, COVID-19

How patients are adapting to technology driven healthcare

Posted by Intelligent Health on May 22, 2020 2:58:26 PM

The past 12 weeks have seen a rapid increase in discussions around how patients are adapting to technology driven healthcare. The up-scaling and accelerated adoption of new technologies has been a challenge for global clinicians, but how do patients feel? And of course HOW can we predict and prevent future viruses and pandemics?

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Topics: AI, Medicine, Digital Health, HealthTech, MedTech

The ethics around AI and patient data

Posted by Intelligent Health on May 22, 2020 2:49:39 PM

The issue of ethics around AI and patient data isn’t new, but COVID-19 has even more voices asking the same questions – is this technology ethical? Am I using the right levels of consent? What is the impact and potential harm of capturing, processing and storing this information?

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Topics: AI, Medicine, Digital Health, HealthTech, MedTech

Interview with Tuomas Kannas, Co-Founder and Senior Vice President, TrueMed

Posted by Intelligent Health AI on May 20, 2020 3:55:08 PM

We spoke to Tuomas Kannas, Co-Founder and Senior Vice President at TrueMed. Tuomas gave us his thoughts on AI in medicine ahead of his presentation at Intelligent Health Inspired (25 – 27 May 2020), the world's largest online summit dedicated to AI in medicine.

 

Q: What excites you most about the application of AI in healthcare?

 

Interdisciplinary possibilities, better health results, faster diagnostic outputs.

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Topics: AI, Medicine, HealthTech, MedTech

Interview with Max Welling, Vice President Technologies, Qualcomm & Research Chair, Machine Learning, University of Amsterdam

Posted by Intelligent Health AI on May 20, 2020 3:46:02 PM

We spoke to Max Welling, Vice President Technologies, Qualcomm & Research Chair, Machine Learning, University of Amsterdam. Max gave us his thoughts on AI in medicine ahead of his presentation on Deep learning for health data at Intelligent Health Inspired (25 – 27 May 2020), the world's largest online summit dedicated to AI in medicine.

 

Q: What excites you most about the application of AI in healthcare?

 

The enormous potential to improve healthcare services.

 

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Topics: AI, Medicine, HealthTech, MedTech

Interview with Tim Whittleson, Urologist at North Bristol NHS Trust

Posted by Intelligent Health AI on May 19, 2020 12:58:19 PM

We spoke to Tim Whittleson, Urologist at North Bristol NHS Trust. Tim gave us his thoughts on AI in medicine ahead of his presentation (AI – the legacy of COVID-19?) at Intelligent Health Inspired (25 – 27 May 2020), the world's largest online summit dedicated to AI in medicine.

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Topics: AI, Medicine, HealthTech, MedTech

An interview with Sujeeth Bharadwaj, AI Research Lead/Principal Engineer at Microsoft

Posted by Intelligent Health AI on May 19, 2020 12:46:40 PM

We spoke to Sujeeth Bharadwaj, AI Research Lead/Principal Engineer at Microsoft. Sujeeth gave us his thoughts on AI in medicine ahead of his presentation  (Use Case 1 – Training CXR classification models an order-of-magnitude faster using IPUs on Microsoft Azure) at Intelligent Health Inspired (25 – 27 May 2020), the world's largest online summit dedicated to AI in medicine.

 

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Topics: AI, Medicine, HealthTech, MedTech

An Interview with Srini Venkatramanan, Research Scientist - NSSAC Division at the Biocomplexity Institute & Initiative, University of Virginia

Posted by Intelligent Health AI on May 19, 2020 10:44:39 AM

We spoke to Srinivasan Venkatramanan, Research Scientist - NSSAC Division at the Biocomplexity Institute & Initiative, University of Virginia. Srini gave us his thoughts on AI in medicine ahead of his presentation (Computational modeling and data strategies for predicting and responding to pandemics) at Intelligent Health Inspired (25 – 27 May 2020), the world's largest online summit dedicated to AI in medicine.

 

Q: What excites you most about the application of AI in healthcare?

 

We have seen healthcare transform into a data-intensive discipline over the past decade with the increased use of EHRs, wearable sensors, etc. I am excited to see the synergy of domain knowledge and machine intelligence in improving overall human health.

 

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Topics: AI, Medicine, HealthTech, MedTech