A Survey on Realtime Analytics Framework for Smart Grid Energy Management

Abstract

Smart grids are modernized electricity grids with information technology support. Smart Grids are the most promising development in the energy and utilities market.Smart grids are being installed in many countries and it is expected to have multi-fold benefits in efficient energy management. The Smart Grids receive real time meter data with high velocity and volume. In such scenario, near real time efficient analytics of streaming smart meter data and quick decision making is significant. In this paper, we survey the existing methodologies and means for real time energy data management in smart grids.