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Data and Electric Power – From Deterministic Machines to Probabilistic Systems
- Caveman_Coder 9y ago"In this O’Reilly report, Sean Patrick Murphy, Chief Data Scientist at PingThings, describes how data science is helping electric utilities make sense of a stochastic world filled with increasing uncertainty—including fundamental changes to the energy market and random phenomena such as weather and solar activity."
- im_down_w_otp 9y agoThere's a weird conceit being displayed here. Which thing is Structural Engineering? Deterministic or Probabilistic?
- Caveman_Coder 9y ago"In our work at PingThings, we have seen the original, deterministic models of the electric power industry not getting replaced, but subsumed by a stochastic world filled with increasing uncertainty. Many such industries built by engineering are undergo‐ing this fundamental change—evolving from a deterministic machine to a larger, more unpredictable entity that exists in a world filled with randomness—a probabilistic system." My interpretation of his main point is that we now have the tools to account for system variability in real-time, as opposed to previous times when some variability had to be accounted for beforehand.