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Non-technical losses (NTL) in electricity distribution are caused by different reasons, such as poor equipment maintenance, broken meters or electricity theft. NTL occurs especially but not exclusively in emerging countries. Developed countries, even though usually in smaller amounts, have to deal with NTL issues as well. In these countries the estimated annual losses are up to six billion USD. These...
Artificial Intelligence (AI) is a fast developing area that is applied to many daily problems, replacing the tried and true heuristics used by society for a long time. This paper provides a framework to estimate the value added by different steps and components used to create and apply AI models. Such estimations are useful to decide if deploying AI models makes economical sense, reported to the specific...
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