The “grid” in grid data sharing encompasses tens or hundreds of thousands of data points, including IoT devices, electrical transformers, power plants, and home users. When taking so much data into account, the interoperability of it all becomes an issue. One of the major challenges facing successful data sharing is how to use grid technology to bring data and usage information in various formats into a cohesive image of the energy grid that others can easily tap into and use.

Collecting and sharing grid data adds considerably to an organization’s risk profile. This can be because of the threat of regulatory fines, loss of consumer trust, or becoming party to data operations with inferior levels of security and access controls.

Since all data is queried in secure execution containers, different organizations don’t have to worry about data leakage and theft by competitors. Grid data can be shared securely, and access and capabilities of different users can be pre-determined by stakeholder agreement.