scholarly journals Governing AI in Electricity Systems: Reflections on the EU Artificial Intelligence Bill

2021 ◽  
Vol 4 ◽  
Author(s):  
Irene Niet ◽  
Rinie van Est ◽  
Frank Veraart
Keyword(s):  
Artificial Intelligence ◽  
European Union ◽  
Electricity Market ◽  
Asset Management ◽  
Electricity Sector ◽  
The European Union ◽  
Major Step ◽  
Price Manipulation ◽  
Market Dominance ◽  
Human Autonomy

The Proposal for an Artificial Intelligence Act, published by the European Commission in April 2021, marks a major step in the governance of artificial intelligence (AI). This paper examines the significance of this Act for the electricity sector, specifically investigating to what extent the current European Union Bill addresses the societal and governance challenges posed by the use of AI that affects the tasks of system operators. For this we identify various options for the use of AI by system operators, as well as associated risks. AI has the potential to facilitate grid management, flexibility asset management and electricity market activities. Associated risks include lack of transparency, decline of human autonomy, cybersecurity, market dominance, and price manipulation on the electricity market. We determine to what extent the current bill pays attention to these identified risks and how the European Union intends to govern these risks. The proposed AI Act addresses well the issue of transparency and clarifying responsibilities, but pays too little attention to risks related to human autonomy, cybersecurity, market dominance and price manipulation. We make some governance suggestions to address those gaps.

scholarly journals Key milestones of the negotiating process on the accession of Croatia to the EU in 2007 – 2008

2018 ◽  
pp. 8-27
Author(s):  
Serhii Horopakha
Keyword(s):  
European Union ◽  
Foreign Policy ◽  
Negotiation Process ◽  
The European Union ◽  
Major Step ◽  
Consolidation Process ◽  
The Republic ◽  
Key Events ◽  
The Eu

On 1st July 2013, the Republic of Croatia officially became the 28th member of the European Union. This event marked the fulfillment of a foreign policy goal, along with joining NATO in 2009, as a major step forward in the country’s long-term consolidation process. The article therefore analyzes the key events of the Croatia – EU relations in 2007-2008, which moved this Balkan country closer to implementing its Euro-integration course. Particular attention is paid to the peculiarities of the pre-accession negotiations with the European Union, as well as to internal and foreign policy factors that had a direct impact on the Euro-integration dialogue between Croatia and the European Union. In this context, emphasis is placed on problem issues that slowed down the dynamics of the negotiation process to a certain extent, in particular the unilateral application by Croatia of the Ecological and Fisheries Protection Zone, and measures taken by the Croatian authorities to settle them. Significant achievements of Croatia in the negotiation process with the European Union are highlighted, in particular, progress of the country in meeting the European Union criteria as well as a date determination the of pre-accession negotiations completion as an important political sign of the European Union readiness to accept a new member in future.

scholarly journals Artificial intelligence, Digital Single Market and the proposal of a right to fair and reasonable inferences: a legal issue between ethics and techniques

2019 ◽  
Vol 5 (2) ◽  
pp. 75-91
Author(s):  
Alexandre Veronese ◽  
Alessandra Silveira ◽  
Amanda Nunes Lopes Espiñeira Lemos
Keyword(s):  
Artificial Intelligence ◽  
European Union ◽  
Data Protection ◽  
Personal Data ◽  
Legal Framework ◽  
Single Market ◽  
Legal Issue ◽  
The European Union ◽  
European Union Law ◽  
General Data Protection Regulation

The article discusses the ethical and technical consequences of Artificial intelligence (hereinafter, A.I) applications and their usage of the European Union data protection legal framework to enable citizens to defend themselves against them. This goal is under the larger European Union Digital Single Market policy, which has concerns about how this subject correlates with personal data protection. The article has four sections. The first one introduces the main issue by describing the importance of AI applications in the contemporary world scenario. The second one describes some fundamental concepts about AI. The third section has an analysis of the ongoing policies for AI in the European Union and the Council of Europe proposal about ethics applicable to AI in the judicial systems. The fourth section is the conclusion, which debates the current legal mechanisms for citizens protection against fully automated decisions, based on European Union Law and in particular the General Data Protection Regulation. The conclusion will be that European Union Law is still under construction when it comes to providing effective protection to its citizens against automated inferences that are unfair or unreasonable.

The European Union Artificial Intelligence Act: Potential implications for Australia

2021 ◽  
pp. 1037969X2110523
Author(s):  
Dan Svantesson
Keyword(s):  
Artificial Intelligence ◽  
European Union ◽  
Early Stage ◽  
The European Union ◽  
Key Features ◽  
Proposed Regulation

The European Union (EU) published its proposed Regulation laying down harmonised rules for Artificial Intelligence (the Artificial Intelligence Act) on 21 April 2021. Once it comes into force, this Act will impact upon Australia. It is therefore important that Australians take note of the proposal at this relatively early stage. This article brings attention to the key features of the EU’s proposed Artificial Intelligence Act. However, the main aim is to highlight why it is important for Australia and to examine, in some detail, the rules that will determine when the Act applies to Australians.

9. Maastricht and Amsterdam (the Late 1980s to the Late 1990s)

2020 ◽  
pp. 154-171
Author(s):  
Simon Bulmer ◽  
Owen Parker ◽  
Ian Bache ◽  
Stephen George ◽  
Charlotte Burns
Keyword(s):  
European Union ◽  
Monetary Union ◽  
The European Union ◽  
Major Step ◽  
The Road ◽  
European Citizenship ◽  
History Of ◽  
On The Road ◽  
Commission President ◽  
Treaty Of Amsterdam

This chapter examines two important developments in the history of the European Union (EU): the signing of the Maastricht and Amsterdam Treaties. In June 1989, the European Council agreed to European Commission President Jacques Delors’s three-stage plan for monetary union by 1999, despite British opposition. In 1991, intergovernmental conferences (IGCs) were held on both monetary union and political union. The proposals of these IGCs were incorporated into the Treaty on European Union (TEU), agreed at Maastricht in December 1991. The TEU marked a major step on the road to European integration. It committed most of the member states to adopting a single currency and introduced the concept of European citizenship, among others. This chapter considers the events leading up to the signing of the TEU, from the Maastricht negotiations to the issue of enlargement, the 1996 IGC, and the Treaty of Amsterdam.

scholarly journals Triangulation Applied to the Intra-European Union Tomato Market

Complexity ◽  
2020 ◽  
Vol 2020 ◽  
pp. 1-10
Author(s):  
Jaime De Pablo Valenciano ◽  
José Antonio Torres Arriaza ◽  
Juan Uribe-Toril ◽  
José Luis Ruiz-Real
Keyword(s):  
Artificial Intelligence ◽  
European Union ◽  
Foreign Trade ◽  
Trade Flows ◽  
Strong Impact ◽  
The European Union ◽  
Input Output ◽  
Specific Product ◽  
Fresh Tomato ◽  
Interdependent Relationships

An understanding of the intracommunity trade is essential for the agents involved in the fresh tomato market (farmers, entrepreneurs, public administrations, and consumers). The purpose of this paper is to analyze the interdependent relationships between exporting and importing countries within the European Union for a specific product such as fresh tomatoes and thus understand which have been the key countries in three specific years (2002–2007–2017). The methodology used to study the interrelationships of trade flows in the countries of the European Union (EU) is that of triangulation by means of the Leontief input-output model. Artificial intelligence techniques are used to process and triangulate the data based on pathfinding techniques using a cost function. The triangulation results have created a hierarchy of countries (suppliers and customers). This type of methodology has not been applied to the field of foreign trade. The results show that Netherlands and Spain are key countries in intracommunity trade as they have a strong impact both with regard to their exports and their imports and are fundamental when analyzing the growth of specific sectors and how they are able to stimulate the economies of other countries.

scholarly journals Neural Networks Usage in the Evaluation of European Union Cofinanced Projects

2010 ◽  
Vol 2 (1) ◽  
pp. 7-20 ◽  
Author(s):  
Tadeusz Grzeszczyk
Keyword(s):  
Artificial Intelligence ◽  
Neural Networks ◽  
European Union ◽  
Evaluation Methods ◽  
The European Union ◽  
Crucial Element ◽  
Computing Technologies ◽  
Modern Computing

Neural Networks Usage in the Evaluation of European Union Cofinanced Projects Research concerns the implementation of modern computing technologies in the evaluation of projects cofinanced by the European Union. Crucial element of this research is the enrichment of currently used evaluation methods with modern mechanisms basing on artificial intelligence. The article deals with the possibility analysis of neural networks usage in such applications.

PONZI FINANCE AND THE HEDGE FUND INDUSTRY

2012 ◽  
Vol 15 (supp02) ◽  
pp. 1250037
Author(s):  
WILLI SEMMLER ◽  
RAPHAELE CHAPPE
Keyword(s):  
European Union ◽  
Dynamic Model ◽  
Asset Management ◽  
Hedge Funds ◽  
Hedge Fund ◽  
Stochastic Dynamic ◽  
The European Union ◽  
Obama Administration ◽  
Regulatory Frameworks ◽  
Fund Industry

This paper presents a stochastic dynamic model that can be used to describe situations in asset management where hedge funds may inadvertently find themselves running a Ponzi financing scheme. Greater transparency is necessary to reduce such opportunities, such as audited financials, and disclosure of valuation methodologies. In that respect, new regulatory frameworks enacted by the Obama administration and the European Union are welcome developments.

scholarly journals Mākslīgais intelekts un nākotnes regulējuma dilemma

2021 ◽  
pp. 174-182
Author(s):  
Ritvars Purmalis ◽  
Keyword(s):  
Artificial Intelligence ◽  
European Union ◽  
Daily Life ◽  
Civil Liability ◽  
Industrial Sector ◽  
The European Union ◽  
Further Development ◽  
Insight Into ◽  
Artificial Intelligence Systems ◽  
Operational Capacity

Digital innovations such as artificial intelligence systems, although limited in their current operational capacity, can be considered to be part of our daily life. Various ways in which these systems are implemented into day-to-day aspects directly affect not only the further development of the industrial sector but the society as a whole. The purpose of this article is to provide a brief insight into the current situation and the various initiatives of the European Union institutions in relation to the methodology for the application of civil liability in the case of damage caused by artificial intelligence systems, as well as to assess the content of future regulatory framework that has been published by the European Parliament, with whom it is intended to establish a common methodology throughout the European Union for the application of civil liability regime, if the damage is caused by artificial intelligence systems.

Sign in / Sign up

Export Citation Format

Share Document