Definition
A smart meter records more than the energy to be invoiced. Voltage, current, outages, events and load say nothing about what the customer owes, but they say a great deal about the state of the grid. These are the values Norwegian practice calls nettnytte: the benefit the grid companyCompany that owns and operates electricity grids and is responsible for power supply to end users. gets from the meter beyond settlementTurning metering data into money. Consumption and production per metering point become what each party owes or is owed..
The uses are concrete. Voltage deviations that would otherwise surface when a customer calls can be seen in the data. Load on a circuit can be followed over time instead of estimated. Outages can be timed rather than reconstructed afterwards. This is also the basis that turns capacity planning into something other than an assumption.
The distinction from settlement values lies not in the data but in the purpose and the deadline. Settlement values have a deadline: yesterday must be with ElhubNational hub for metering data and market processes in the Norwegian electricity market. before 07:00. Grid utility data has no such clock over it.