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Julia Stockdale- Otarola Alana Rodrigo Jesselynn White Cyrus Jadun Ram Narayanan Jon Keesecker. Big Data & the Smart Grid. Big Data Will Drive Policy. Energy Policy Priorities: Markets: Supply & Affordability Security Sustainability Why Smart Grid?
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Julia Stockdale-Otarola Alana Rodrigo Jesselynn White Cyrus Jadun Ram Narayanan Jon Keesecker Big Data & the Smart Grid
Big Data Will Drive Policy • Energy Policy Priorities: • Markets: Supply & Affordability • Security • Sustainability • Why Smart Grid? • World energy consumption is expected to increase by 25% from 2010 to 2040 • Outages/power quality issues cost American business $100 billion/year
Challenges in the Energy Sector Siloed Systems Systems Integration Unstructured Data Platform Capacity
Option 1: Consumers • Privacy: a minimal concern • Building Energy Management • Remote Control • Behavioral Analytics • Affordability • Recommendation: Detailed Reports
Option 2: Enterprises • Potential • Real-Time Analytics • Complete Situational Awareness • Business Intelligence • Challenges • Personnel, Integration, Computing, Budget • Recommendation: collaboration, innovation, and investment in storage capacity
Option 3: Grid Operations • Grid Optimization & Operational Intelligence • Crisis Management • Asset Management • Detection & Correction • Energy Theft • Weather Implications • Recommendation: investment into operations management
Recommendation: A Phased Approach Grid Operations Consumers Enterprises