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Data Analytics for Smart Grids Applications to Improve Performance, Optimize Energy Consumption, and Gain Insights

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Data Analytics for Smart Grids Applications—A Key to Smart City Development

Part of the book series: Intelligent Systems Reference Library ((ISRL,volume 247))

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Abstract

In recent years, there has been a growing trend towards integrating data analytics into smart grids as a method of providing increased performance, optimised energy use, and deeper insights into network operations. The term “data analytics” refers to the process of collecting and analysing data from a wide variety of sources, including “smart metres,” “distribution grids,” and “industrial plants.” This information is then put to use in the development of models and algorithms that can assist in recognising and predicting patterns and trends in energy consumption. This may help to improve customer service while also lowering operational expenses and optimising energy efficiency. In addition, data analytics can be used to detect and prevent energy theft, minimise energy waste, detect system failures, and indicate areas in which improvements could be made. Smart grids have the potential to become energy networks that are more intelligent, efficient, and reliable if data analytics are utilised.

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Correspondence to Praveen Kumar Malik .

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Malik, P.K., Alkhayyat, A.H. (2023). Data Analytics for Smart Grids Applications to Improve Performance, Optimize Energy Consumption, and Gain Insights. In: Kumar Sharma, D., Sharma, R., Jeon, G., Kumar, R. (eds) Data Analytics for Smart Grids Applications—A Key to Smart City Development. Intelligent Systems Reference Library, vol 247. Springer, Cham. https://doi.org/10.1007/978-3-031-46092-0_13

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