Smart Energy and the importance of Data

Effective operational management

Framework for good operational management decision making

Short/Medium term forcasting/analytical capabilities

BI/Big Data Infrastructure

Stored information

Logical data model

Design

Strategic and operational business needs

See reference

Opportunities

Other uses for information

Partnerships

Good technical practice

Regulatory requirements

Real-time data feeds

IoT devices

Consumer electronics

Consumer applications

See reference

Advanced metering infrastructure

Customers/Participants

Comms/Network infrastructure

Social data

Survey and research data

Hardware

Demand/Supply forecasting applications

Analytics software

Analytics capabilities

Mechanisms for actuation

Optimised portfolio of infrastructure assets

Good investment decisions

Framework for good investment decision making

Medium/Long term forecasting/analytical capabilities

See reference

Infrastructure investment options

Sweating existing assets

Inventory data

Asset condition data

Emerging technologies

Enabling technologies

Pilot success

Valid statistics/learnings

Adequate uptake

Demonstrated benefits

Socially shared learnings

Program satisfaction

Feedback

Existing technologies

Finance

Funding

Funding programs

Partnerships

Self-funding business models

Revenue stream

Mechanisms for capturing value

Platform

Partnerships

Currency

Service

Mechanisms for actuation

Consumer side

...

Utility side

...

Decisions

Mechanisms for triggering decision making

Real time pricing/benefit data

Option impact information

Active

Consumer applications

Consumer electronics

Passive

Mechanisms for automated decision making

Mechanisms for capturing, storing and sharing opt in/out choices

Customers/Participants

Awareness of program

Advertising

Social network referrals

Mechanism to utilise social networks

Confidence in program

Maintained or improved service quality

Cost implications

Privacy and security

Drivers

Financial

Social

Personal values and interests

Regulatory requirements

...