Social Network of Smart-Metered Homes and SMEs for Grid-based Renewable Energy Exchange

This paper proposes a revolutionary approach to
Smart Energy Grids which empowers communities of consumers
as first-class citizens with a novel role in the management of their
electricity by sharing excess electricity and therefore becoming
energy producers (prosumers). The approach makes innovations
on smart technologies and processes by building a demandresponse
decision support system on top of smart metering and
social web technologies. This is achieved using a framework to
connect dynamic, context-aware, heterogeneous virtual and real
entities on the Internet of Smart Meters (IoSM) and by studying
the behavior of communities on it. The smart electricity meters
are transformed into fully-fledged intelligent computers on the
IoSM, enabled to (i) securely collect data from heterogeneous
meters and sensors and actuators, (ii) detect smart meters with
similar goals, (iii) exchange and aggregate data from multiple
autonomous physical or virtual meters, and (iv) manage the
actual energy demand and ensure the achievement of demand
response for the community involved. The approach is centered
on the community and its respective DSOs, where each prosumer
is represented as a node on the IoSM through their electricity
meters, sensors and actuators. This allows for rational energy
exchange between technical and non-technical participants by
expressing their goals in a standardized language through hybrid
ontologies.