Smart Meter Data Analytics: Practical Use-Cases and Best Practices of Machine Learning Applications for Energy Data in the Residential Sector

To cope with climate change, the energy system is undergoing a massive transformation. With the electrification of all sectors, the power grid is facing high additional demand. As a result, the digitization of the grid is becoming more of a focus. The smart grid relies heavily on the increasing deployment of smart electricity meters around the world. The corresponding smart meter data is typically a time series of power or energy measurements with a resolution of 1s to 60 min. This data provides valuable insights and opportunities for monitoring and controlling activities in the power grid. In this tutorial, we therefore provide an overview of best practices for analyzing smart meter data. We focus on machine learning applications and low resolution (15-60 minutes) energy data in a residential setting. We only use real-world datasets and cover use-cases that are highly relevant for practical applications. Although this tutorial is specifically tailored to an audience from the energy domain, we believe that anyone from the data analytics and machine learning community can benefit from it, as many techniques are applicable to any time series data. Through our tutorial, we hope to foster new ideas, contribute to an interdisciplinary exchange between different research fields, and educate people about energy use.