Review of Smart Meter Data Analytics
Review of Smart Meter Data Analytics
Analytics:
Applications, Methodologies
and Challenges
Introduction
Problem Statement
Since the early 2000s number of smart meters have been growing rapidly
This data can be used for a number of things like load forecasting, outage
detection, energy theft detection etc.
Several research initiatives have been created to analyse this data in order to
improve forecasting and identify money-saving opportunities
A search of key terms related to smart meter data analytics was done on the
Web of Science database
In total 200 research papers were published between 2010 and 2017,
increasing from only 5 in 2010 to 60 in 2017
A number of review articles have been written on Smart meter data analytics
some focusing on Non Intrusive Load Monitoring (NILM) some focusing solely
on load forecasting or Non Technical Losses (NTL)
Methods like optimum weight averaging (OWA), low rank matrix methods and
neural networks have been used to detect bad data.
Methods like clustering and windowing have also been utilised to remove bad
data in real time from the data stream
Energy Theft Detection
Energy theft is also a form of bad data but appears over a longer time period.
Supervised and Unsupervised learning methods have been used to detect theft
Indirect Techniques like feature extraction and PCA have also been used
For individual customers weather is by far the biggest factor affecting loads.
The hierarchy of the power grid has also been used for forecasting starting
from the root node with child nodes forecasted proportionally
Forecasting with Smart Meter Data
High-resolution smart meter data along with weather data allows for very
accurate short and long term forecasts.
Techniques like SVM and neural networks have been used to generate
accurate forecasts at the consumer level.
Consumers have also been clustered into groups with similar load profiles and
different forecasting models have been made for different groups
Deep learning methods like convolutional neural networks have worked very
well on multi-dimensional data
Demand Response
Various clustering methods have been used to identify whether and how
customers can reduce consumption to match the generation
Miscellaneous Applications
Techniques like data aggregation and PCA can be used to mask individual user
load profiles while still providing valuable insights for energy planning
Mining and storage of this sensitive data by the utility is also in question as it
can always be hacked by malicious actors
Load analysis, forecasting and demand response are the most important
applications of smart meter data analytics