Privacy and customer segmentation in the smart grid

Lillian J. Ratliff; Roy Dong; Henrik Ohlsson; Alvaro A. Cardenas; S. Shankar Sastry

doi:10.1109/CDC.2014.7039714

Privacy and customer segmentation in the smart grid

Lillian J. Ratliff, Roy Dong, Henrik Ohlsson, Alvaro A. Cardenas, S. Shankar Sastry

Research output: Contribution to journal › Conference article › peer-review

Abstract

In the electricity grid, networked sensors which record and transmit increasingly high-granularity data are being deployed. In such a setting, privacy concerns are a natural consideration. In order to obtain the consumer's valuation of privacy, we design a screening mechanism consisting of a menu of contracts offered to the energy consumer with varying guarantees of privacy. The screening process is a means to segment customers. Finally, we design insurance contracts using the probability of a privacy breach to be offered by third-party insurance companies.

Original language	English (US)
Article number	7039714
Pages (from-to)	2136-2141
Number of pages	6
Journal	Proceedings of the IEEE Conference on Decision and Control
Volume	2015-February
Issue number	February
DOIs	https://doi.org/10.1109/CDC.2014.7039714
State	Published - 2014
Externally published	Yes
Event	2014 53rd IEEE Annual Conference on Decision and Control, CDC 2014 - Los Angeles, United States Duration: Dec 15 2014 → Dec 17 2014

ASJC Scopus subject areas

Control and Systems Engineering
Modeling and Simulation
Control and Optimization

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AU - Cardenas, Alvaro A.

AU - Sastry, S. Shankar

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Privacy and customer segmentation in the smart grid

Abstract

ASJC Scopus subject areas

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