Identifying the Economic Relevance of Smart Meter Reliability in Germany: A Cost-Benefit Analysis

Tobias Altenburg; Daniel Staegemann; Klaus Turowski

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Paper

Identifying the Economic Relevance of Smart Meter Reliability in Germany: A Cost-Benefit Analysis

Topics: Data Collection; Government; Sensor Networks and Software; Smart Cities

In Proceedings of the 20th International Conference on Smart Business Technologies ICSBT - Volume 1, 203-208, 2023 , Rome, Italy

Authors: Tobias Altenburg ; Daniel Staegemann and Klaus Turowski

Affiliation: Very Large Business Applications Lab, Faculty of Computer Science Otto-von-Guericke University Magdeburg, Germany

Keyword(s): Cost-Benefit Analysis, IoT, Internet of Things, Reliability, Smart Meter Architecture, Evaluation.

Abstract: The decarbonization and resulting energy transition has a lot of challenges for the future. Decentralized power generation and its stabilization of the power grid is a problem that can be solved by more accurate monitoring of power consumption using smart meters. The overall objective is to prevent blackouts. Therefore, the reliability of the used smart meter architecture is an important factor. In the present paper, a systematic cost-benefit analysis focused on Germany is performed to demonstrate the economic advantages of a reliability-optimised smart meter architecture.

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Paper citation in several formats:

Altenburg, T.; Staegemann, D. and Turowski, K. (2023). Identifying the Economic Relevance of Smart Meter Reliability in Germany: A Cost-Benefit Analysis. In Proceedings of the 20th International Conference on Smart Business Technologies - ICSBT; ISBN 978-989-758-667-5; ISSN 2184-772X, SciTePress, pages 203-208. DOI: 10.5220/0012124900003552

@conference{icsbt23,
author={Tobias Altenburg. and Daniel Staegemann. and Klaus Turowski.},
title={Identifying the Economic Relevance of Smart Meter Reliability in Germany: A Cost-Benefit Analysis},
booktitle={Proceedings of the 20th International Conference on Smart Business Technologies - ICSBT},
year={2023},
pages={203-208},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0012124900003552},
isbn={978-989-758-667-5},
issn={2184-772X},
}

TY - CONF

JO - Proceedings of the 20th International Conference on Smart Business Technologies - ICSBT
TI - Identifying the Economic Relevance of Smart Meter Reliability in Germany: A Cost-Benefit Analysis
SN - 978-989-758-667-5
IS - 2184-772X
AU - Altenburg, T.
AU - Staegemann, D.
AU - Turowski, K.
PY - 2023
SP - 203
EP - 208
DO - 10.5220/0012124900003552
PB - SciTePress