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Big data analytics in smart grids: state-of-the-art, challenges, opportunities, and future directions
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Big data analytics in smart grids: state-of-the-art, challenges, opportunities, and future directions
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Journal Article
Big data analytics in smart grids: state-of-the-art, challenges, opportunities, and future directions
2019
Overview
Big data has a potential to unlock novel groundbreaking opportunities in the power grid sector that enhances a multitude of technical, social, and economic gains. The currently untapped potential of applying the science of big data for better planning and operation of the power grid is a very challenging task and needs significant efforts all-around. As power grid technologies evolve in conjunction with measurement and communication technologies, this results in unprecedented amount of heterogeneous big data sets from diverse sources. In particular, computational complexity, data security, and operational integration of big data into utility decision frameworks are the key challenges to transform the heterogeneous large dataset into actionable outcomes. Moreover, due to the complex nature of power grids along with the need to balance power in real time, seamless integration of big data into utility operations is very critical. In this context, big data analytics combined with grid visualization can lead to better situational awareness and predictive decisions. This paper presents a comprehensive state-of-the-art review of big data analytics and its applications in power grids, and also identifies challenges and opportunities from utility, industry, and research perspectives. The paper analyzes research gaps and presents insights on future research directions to integrate big data analytics into electric utility decision framework. Detailed information for utilities looking to apply big data analytics and details insights on how utilities can enhance revenue streams and bring disruptive innovation in the industry are discussed. More importantly, general guidelines for utilities to make the right investment in the adoption of big data analytics by unveiling interdependencies among critical infrastructures and operations are also provided.
Publisher
The Institution of Engineering and Technology
