Artificial Intelligence in the Control Cabinet
The range of services offered by the technologies includes the derivation, adaptation and implementation of the algorithms through to the selection and integration of hardware and software in the control cabinet. Predictive maintenance, i.e. reducing downtimes and maximizing the availability of systems through machine learning, plays a major role here. The Fraunhofer ITWM has developed an AI for this purpose that uses smart sensor data and digital twins to help avoid downtimes and keep them to a minimum, plan maintenance at optimum cost and reduce energy and production costs while maintaining optimum quality. At E-world, the researchers will use a demonstrator to show how this AI can be installed in the control cabinet of machines and systems.
Flexible Loads on the Energy Market
The department »Financial Mathematics« of the Fraunhofer ITWM will also be there to present some of its projects. In energy research, their focus is on the German electricity markets, especially on the flexibility of loads on the energy market. As an example, they investigated a virtual battery with flexible charging and discharging times in order to optimize its bidding strategy across various short-term markets. This led to the creation of an optimal battery schedule.
The department's research also extends to long-term markets. It is currently working with a municipal energy supplier to optimize its long-term procurement strategy. It is also marketing a simulation-based risk manager for electricity, gas and CO2, which has been in use in industry for several years.