Title
Market Value of Differentially-Private Smart Meter Data
Abstract
This paper proposes a framework to investigate the value of sharing privacy-protected smart meter data between domestic consumers and load serving entities. The framework consists of a discounted differential privacy model to ensure individuals cannot be identified from aggregated data, a ANN-based short-term load forecasting to quantify the impact of data availability and privacy protection on the forecasting error and an optimal procurement problem in day-ahead and balancing markets to assess the market value of the privacy-utility trade-off. The framework demonstrates that when the load profile of a consumer group differs from the system average, which is quantified using the Kullback-Leibler divergence, there is significant value in sharing smart meter data while retaining individual consumer privacy.
Year
DOI
Venue
2021
10.1109/ISGT49243.2021.9372228
2021 IEEE Power & Energy Society Innovative Smart Grid Technologies Conference (ISGT)
Keywords
DocType
ISSN
data markets,differential privacy,load forecasting,smart grid,smart meters
Conference
2167-9665
ISBN
Citations 
PageRank 
978-1-7281-8898-0
0
0.34
References 
Authors
0
2
Name
Order
Citations
PageRank
Saurab Chhachhi100.34
Fei Teng2106.45