KAUST helps slash SEC profit losses using ML
KAUST ·
KAUST and the Saudi Electricity Company (SEC) collaborated to reduce non-technical losses in the Saudi power sector using machine learning. KAUST Visualization Core Lab (KVL) developed models using five years of SEC billing data from the Riyadh area to predict electricity usage and detect anomalous billing transactions. SEC estimates it could recover at least 73,000,000 SAR in lost revenue by correcting anomalies identified by KAUST models. Why it matters: This partnership demonstrates the potential of AI to address inefficiencies and fraud in critical infrastructure sectors in Saudi Arabia.