Business Impact Analysis of AMM Data: A Case Study

Abstract

The issue of Automated Meter Management (AMM), an integral part of modern energy smart grid systems, has become a hot topic in recent years. With the current energy crisis, and given the new approaches to smart energy and its regulation, implemented at the level of the European Union, the gradual introduction of AMM as a standard for the regulation and management of the distribution system is an absolute necessity. Modern smart grids incorporate elements of smart regulation that rely heavily on the availability and quality of the data generated or used during AMM as part of the smart grid. In this paper, based on an analytical view of AMM as a whole and guided interviews with the sponsors of each service and owners of each dataset, criteria are proposed and a Business Impact Analysis (BIA) is implemented, the results of which are used to determine security measures for the safe and reliable running of the AMM system. This paper offers a unique view of the AMM system as an integral part of modern smart grid networks from a data-driven perspective that enables the subsequent implementation and fulfillment of security requirements by ISO/IEC 27001 and national security standards, as the AMM system is also a critical information system under the EU directive regarding the cybersecurity of network and information systems, which are subject to newly defined security requirements in the field of cybersecurity.