Supply chain intelligence for electricity markets: A smart grid perspective

Abstract

Smart grid technologies are bringing innovations in electrical power industries, affecting all parts of the electricity supply chain, and leading to changes in market structure, business models and services. In this paper we introduce a model of business intelligence for a smart grid supply chain. The model is developed in order to provide electricity markets with the necessary data flows and information important for the decision making process. The proposed model offers a way to efficiently leverage the new metering architecture and the new capabilities of the grid to reap immediate business value from the huge amounts of disparate data in emerging smart grids. The model was evaluated for the Serbian electricity market in the electric power transmission company Public Enterprise "ElektromreA 3/4a Srbije". The results show that business intelligence solutions can contribute to a more effective management of smart grids, in order to ensure that companies achieve sustainability in the increasingly competitive electricity markets, while still providing the high quality services to end users.