Analysis of Demand-side Business Opportunities in Iran, as a Digital Transformation Perspective

Abstract

The digital transformation of electrical utilities has gained an ongoing attention in recent years; It means a tremendous change using disruptive technologies (including Internet of Things (IoT), Data Analytics, Artificial Intelligence, etc.) which leads to new data-driven business opportunities. On the other hand, various projects have been conducted in this field by the Joint Research Center (JRC) in the European Union (EU), mostly focused on the demand-side, and several commercial product and services have been developed. Iran is also moving through the way of transforming its grid digitally, which would lead to the appearance of several business opportunities. In this paper, after detailed review and classification of the commercial products developed or used in EU projects, the business opportunities of Iran electricity grid digital transformation, with emphasis on demand-side management, has been discussed.