|AGL Energy, one of Australia’s largest power retailers, is replacing its electromechanical meters with interactive smart meters in 2.2 million homes and 300,000 businesses throughout the state of Victoria, including its capital, Melbourne. This is nearly a 4,320-fold increase in daily data processing for electricity providers. It’s also the start of a “data tsunami,” swelling up from these 2.5 million smart meters and flowing into AGL Energy’s billing and operations systems.
AGL’s Business Requirements
- For wholesale energy: Improved settlement reporting
- For merchant energy portfolio management: Better load forecasting, accuracy and data analytics / segmentation with better reporting
- For analytics: Better forecasting and reporting