The energy ecosphere is complex and far-reaching, covering a vast network of stakeholders, producers, distributors, governments, and end-users. With the increasing availability of data throughout the energy data lifecycle, we can create a more sustainable and cost-effective way of living. Grid data sharing is the key to unlocking this potential and transitioning to a clean energy economy with better service.
Most of the world has agreed to reduce carbon emissions in order to prevent future environmental catastrophe. The drive to reduce emissions can be affected by various factors, such as utilizing cleaner sources of energy, maximizing grid efficiency, and decreasing unnecessary energy utilization.
The EU’s GDPR and California’s CCPA have imposed stringent regulations on the collection, sharing, and utilization of data. In the case of grid data sharing, this is especially relevant as personally identifiable information like names and addresses of customers are prominent. Without checks in place, criminals could use supplementary information, such as energy usage or home occupancy patterns, to identify households to target if the data is not protected properly.