Smart Meter Data Insights solution
Transcript of Smart Meter Data Insights solution
Smart Meter Data Insights solutionExperience insights-backed intelligent grid operations
ABC CorporationID No.: 01511291
8th January 2021
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The adoption of smart meters is increasing, globally…Smart meters and Meter Data Management Systems (MDMS) rollouts are almost a decade old. With utilities
transitioning rapidly towards smarter, insights-led operations, nearly 67% of the 1.6 Bn meters distributed
between 2018 and 2025 are going to be smart meters – driven by large scale EU, MEA, ASEAN and APAC rollout
plans. The evolution of the smart grid is being driven by increased demands for consistent service uptimes and
energy sustainability goals of utilities organizations, resulting in a full blown transition to smart meters – resulting
in a 59% projected penetration of smart meters globally, by 2028. Real-time utilities asset health analytics and
consumption behavior tracking can enable organizations to optimize their grid repair, maintenance and
operations costs, as well as reducing usage through incentives that aim to optimize consumption patterns –
underlining the potential of the data derived from smart meters.
EU’s Third Energy Package target of 80% smart metering coverage by 2020
India’s smart metering program to replace 250Mn conventional meters with smart meters
Connected Homes worth 135.3 USD Bn by 2025 (p) – driving up the adoption of smart meters
Smart-metering data reveal key usage patterns that can then be lever-aged for better end customer experience
…but are utilities truly able to generate actionable insights from the data?
Typically, energy consumption data from smart
meter devices are collected and sent to customer
information systems (CIS) for billing and processing.
While this helps with higher visibility and accuracy in
consumption data – the true potential of MDMS
(Metering Data Management Systems) remains
unexplored. Decarbonization and decentralization
initiatives can benefit from unlocking hidden value in
metering data by enriching it with GIS, CIS and
weather data. Potentially, asset health monitoring,
theft and fraud detection, energy usage analyses,
detecting system anomalies and outages, are among
the many use cases that can be built on top of AI/ML
processed insights – ultimately holding the key to
ensuring consistency in service uptimes, end
customer satisfaction, and sustainable and
optimized operations and costs.
0 2 3 8 2 3
Meter consumption
Sources: Smart Energy, Smart Energy GB, ESI-Africa, Markets and Markets,
Key drivers that necessitate insights from smart metering data:
Key Stakeholders
Interval Meter data can provide rich insights on consumption and grip operations
Global smart grid market (est. USD 28.8 Bn p2021) is estimated to grow at 25% (2024p)
Planning new ‘behind the meter’ initiatives EVs, Roof top PVs, Solar batteries & dispatchable generation
Globally, the big data analytics market is estim-ated to grow 4.5 times, garnering revenue of 68.09 USD Bn (2025 p)
Increasing tamper detec-tion costs when false alarms on site require field visits & ops costs
Distribution System Operations Head
Customer Experience and Operations Head
Grid ModernizationHead
Customer Care Heads
Digital Transformation Head
T&D Operations Head
Analytics/Big Data Head
Asset & Equipment Head
Power distribution utility customers and power sector research organizations
Organizations
Sources: PRNewswire, businesswire
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About the solutionSmart Meter Data Insights (SMDI) solution by IoT WoRKSTM leverages our partner
Onesait’s Meter Data Analytics (MDA) capabilities to extract contextual and key
smart meter data from MDMSes – including OT data from SCADA/GIS/DMSes
in order to analyze and provide a comprehensive list of powerful, detailed
dashboards for real-time tracking of usage patterns, cluster analyses,
load analyses and theft detection, among others – decoding
consumption behavior, enabling better management of
utilities assets and driving transformation of grid operations.
SMDI solution utilizes open source tools and centralized semantic
models to create a logical data acquisition layer. Raw and
processed data is stored in various open-source stores –
it leverages AI/ML models, data mining, web-based notebooks
and cognitive libraries to process and produce rich,
powerful and actionable meter data insights. These insights
are then made available on a series of dashboards
displaying load analyses, demand forecasting, cluster
analyses, anomaly detection and other information.
Dynamic Dashboards: Web-based dashboards displaying
smart metering KPIs leveraging real-time and historical data –
can trigger alerts in case of deviations from defined conditions
Powerful Toolsets: Rich set of applications covering
data ingestion, storage, transformation, analysis and
output visualization
Pre-build AI/ML models: Pre-built algorithms to build meter
analytics solutions such as voltage analysis, theft detection and
clustering analysis among others
Integrated Governance: Enables integrated governance of
elements that make up the platform - integration with
enterprise systems such as DMS, GIS, Work Management etc.
to leverage value
Solution Features
Real-time Convergence: IT/OT based on logical models (Ontology)
for semantic integration. The metering data model describes the
meaning of entities, relationships, and data
's
Theft Detection: Allows determination of customers that have energized
themselves, were mistakenly energized or do not have proper order for
energization, including if power is being sourced illegally
Site usage analysis – Provides analytics and AMI data to
identify material changes in a site's electricity usage. Provision
to apply thresholds against month on month consumption,
sequential or prior year, to identify outliers
Proactive identification of operational issues – Enables analysis of AMI interval
data (load, voltage), momentary interruption data, measured and calculated
data from ADMS to locate potential faults that if not corrected would lead to
sustained outages - including loose connectors, neutral faults, high-impedance
faults, intermittent vegetation contact
Key use cases
Load Profile Analysis
Transformer Analysis
Cluster Analysis
Forecast Analysis
Forecast Deviation Analysis
Provides load forecast devia-tion analysis and checks robust-ness of predic-tions at the feeder and circuit level
ESurplus/Storage, error history, deviation comparison, error distribution
Provides insight into the load forecast time series (24 hours forecast) at feeder and circuit levels
Historic & forecast, correlation variable, historic consumption
Provides insight into load time series patterns and groups points into clusters that have a similar hourly load curve
Cluster compari-son and profile
Allows reviewing of transformer overloading and performance statistics via aggregation of power entities captured at downstream customer meters
Anomaly distribution, quantity, historic & forecast percentage
Provides insights into load time series. The analysis is provided at the transformer, feeder and circuit levels. The dashboards cover various KPIs for in-depth analysis of load profiles.
Peak and o�-peak energy consumption & temperature etc.
Solution Benefits
Utilize analytical,
operational and process
intelligence to accelerate
smart metering analytics
use cases using prebuilt
solutions, reduce time
to market
Generate Intelligence-based Value
Based on CaaS
technologies and
containers, introduce
operational simplicity
under unified console.
Balance compute capacity
and storage across Cloud
and devices
Monitor asset health
and predict downtimes,
cascade older, less used
assets to highly loaded
areas to improve reliability
and minimize outages
Enhance Flexibility Improve Service Reliability
Leverage insights and
KPIs based on
AI/ML-driven models to
optimize operations,
improve e�ciencies and
bring in cost savings,
introduce interoperability
and self-discovery
Streamline Operations
Scale rapidly, enable
development of solutions
securely. “Think Big, Start
Small”. Bring agility in
the application of latest
technologies in a
cohesive way
Built on an open-source platform which makes the most of the capabilities of any vendor,
avoiding "vendor lock-in“
Provides multi-platform support include public cloud, private cloud and on-premise platforms
Flexible pricing depending on needs: on-premise, as a cloud service, by module, with or without
infrastructure, with support and without risk
Introduce Robustness, Scalability
Solution Differentiators
Creating value through integration with Microsoft Azure, AWS & Dell
Analyst Recognitions
IoT WoRKSTM is a dedicated IoT business unit of
HCL Technologies. Our award winning,
best-in-class, customer and industry specific,
deployment ready solutions co-created with
customers, enable them to maximize e�ectiveness
and returns on their asset investments.
Rated as a global leader in IoT consulting & services
by top analysts, our solutions, enable IoT-led business
transformation through creation of more e�cient
business processes, new revenue streams and
business models that deliver measurable
business outcomes.
At HCL we believe that the transformative impact of IoT is realized
by IoTizing the ‘things’, connecting the assets to a data platform.
Who we are
LEADER
IDC Marketscape, IoT Consulting and Systems
Integration Services, 2020
IDC
LEADER
Zinnov Zones for Connected
Assets & ConnectedLogistics, 2019
Zinnov
LEADER
ISG Provider LensTM for IoT managed
services, USA 2019
ISG
LEADER
ISG Provider LensTM for IoT consulting and services, USA
2019
ISG
LEADER
ISG Provider LensTM
for IoT in Manufacturing,
USA 2019
ISG
[email protected] hcltech.com/IoT IoT WoRKSTM showcase