Visible to the public Data Economy for Prosumers in a Smart Grid Ecosystem

TitleData Economy for Prosumers in a Smart Grid Ecosystem
Publication TypeConference Paper
Year of Publication2018
AuthorsBessa, Ricardo J., Rua, David, Abreu, Cláudia, Machado, Paulo, Andrade, José R., Pinto, Rui, Gonçalves, Carla, Reis, Marisa
Conference NameProceedings of the Ninth International Conference on Future Energy Systems
Conference LocationNew York, NY, USA
ISBN Number978-1-4503-5767-8
Keywordsdata analytics, demand response, Energy management, Flexibility, Human Behavior, Metrics, policy-based governance, pubcrawl, Resiliency, Smart Grid Consumeer Privacy, smart grid consumer privacy, Smart grids

Smart grids technologies are enablers of new business models for domestic consumers with local flexibility (generation, loads, storage) and where access to data is a key requirement in the value stream. However, legislation on personal data privacy and protection imposes the need to develop local models for flexibility modeling and forecasting and exchange models instead of personal data. This paper describes the functional architecture of an home energy management system (HEMS) and its optimization functions. A set of data-driven models, embedded in the HEMS, are discussed for improving renewable energy forecasting skill and modeling multi-period flexibility of distributed energy resources.

Citation Keybessa_data_2018