# Data Economy for Prosumers in a Smart Grid Ecosystem

arXiv: https://arxiv.org/abs/1911.05488 · HTML: https://mlsanity.com/paper/1911.05488/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- First posted on arXiv 30 Oct 2019.

## Built on by (most cited first, 1 of 1)

- [Empowering Prosumer Communities in Smart Grid with Wireless Communications and Federated Edge Learning](https://mlsanity.com/paper/2104.03169/) (2021)

## Abstract (arXiv)

Smart grids technologies are enablers of new business models for domestic consumers with local flexibility (generation, loads, storage) and where access to data is a key requirement in the value stream. However, legislation on personal data privacy and protection imposes the need to develop local models for flexibility modeling and forecasting and exchange models instead of personal data. This paper describes the functional architecture of an home energy management system (HEMS) and its optimization functions. A set of data-driven models, embedded in the HEMS, are discussed for improving renewable energy forecasting skill and modeling multi-period flexibility of distributed energy resources.