Trends and challenges in smart metering analytics

With strong policy support globally, it is expected that the total amount of smart energy meters installed worldwide will reach 780 million by 2020, including 200 million in the EU and 30 Million in the UK alone. Smart metering can improve grid operation and maintenance of distribution networks through load forecasting, improve demand response measures, and enhance end-user experience through accurate billing and appliance-level energy feedback via Non-Intrusive Load Monitoring (NILM). In this paper, we review trends of smart metering applications and challenges in large-scale adoption, and provide case studies to demonstrate application of NILM for meaningful energy feedback