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Research on the Value and Implementation Path of “Power-Economy” Bidirectional Data-Driven Decision Support

In: Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023)

Author

Listed:
  • Shanshan Wu

    (State Grid Energy Research Institute Co. Ltd.)

  • Xiang Wang

    (State Grid Energy Research Institute Co. Ltd.)

Abstract

Data has become a fundamental strategic resource, and the power system is highly coupled with the economic system. The value of bidirectional data in the “power-economic” interaction remains to be further explored. This paper first defines the content of “power-economic” data, analyzes their coupling relationship, and constructs a bidirectional data-driven decision support value system for “power-economic” interaction. It then discusses the specific pathways to realize the value of decision support, providing practical guidance for the effective utilization of bidirectional data in the “power-economic” context.

Suggested Citation

  • Shanshan Wu & Xiang Wang, 2023. "Research on the Value and Implementation Path of “Power-Economy” Bidirectional Data-Driven Decision Support," Advances in Economics, Business and Management Research, in: Zhikai Wang & Qiujing Wu & Songsong Liu & Guoliang Wang & Jia Li (ed.), Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023), pages 116-123, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-344-3_16
    DOI: 10.2991/978-94-6463-344-3_16
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