From a Barrier to a Bridge: Data-Privacy in Deregulated Smart Grids

The introduction of so-called smart meters involves detailed consumption data. While this data plays a key role in integrating volatile renewable energy sources, a side effect is that it can reveal sensitive personal information. Concerns and protests led to a stopped smart meter rollout yet. In deregulated electricity markets, data-privacy is even more at risk: The UK, Texas and Ontario decided for a nation-wide communication intermediary in order to facilitate the exchange of the vast amount of smart meter data. However, this operational efficiency is achieved by the fact that an intermediary is a single point of failure. We present an approach based on encryption to secure the intermediary against privacy invasions and we can show that our prototypical implementation meets even restrictive requirements for large-scale data handling and processing. By aiming at customers’ confidence in smart metering, our solution might lay the ground for an ecosystem of energy services.