When Predictive Analytics Meets Smart Grid From Big Data To Modern Forecasting Methodologies Duration: 30 minutes Abstract Prior to the massive deployment of smart grid technologies, most utilities’ forecasting practice were on the load or billing series with monthly interval at the corporate level. In today's world, many utilities are collecting hourly or sub-hourly data from millions of smart meters, a factor which introduces high granularity on both temporal and spatial dimensions. Through two case studies, this presentation will answer a challenging question: How can we take advantage of big data and modern forecasting methodologies to maximize the value of smart grid investment? This talk has been presented at the following event: IEEE Spectrum Webinar, Oct 18th, 2012. |