Proceedings of the 5th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2023, December 8–10, 2023, Guangzhou, China

Research Article

Application of Data Mining Technology in Precise Investment Analysis of Distribution Networks

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  • @INPROCEEDINGS{10.4108/eai.8-12-2023.2344735,
        author={Wei  Han and Yunfei  Song and Ye  Wan and Kai  Song},
        title={Application of Data Mining Technology in Precise Investment Analysis of Distribution Networks},
        proceedings={Proceedings of the 5th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2023, December 8--10, 2023, Guangzhou, China},
        publisher={EAI},
        proceedings_a={MSIEID},
        year={2024},
        month={4},
        keywords={data mining; power grid; precision investment},
        doi={10.4108/eai.8-12-2023.2344735}
    }
    
  • Wei Han
    Yunfei Song
    Ye Wan
    Kai Song
    Year: 2024
    Application of Data Mining Technology in Precise Investment Analysis of Distribution Networks
    MSIEID
    EAI
    DOI: 10.4108/eai.8-12-2023.2344735
Wei Han1,*, Yunfei Song1, Ye Wan1, Kai Song1
  • 1: STATE GRID HUAIAN POWER SUPPLY COMPANY
*Contact email: 18762549920@139.com

Abstract

In order to understand the economic benefits of precise investment in distribution networks in enterprises, an application research of data mining technology in precise investment analysis of distribution networks has been proposed. Firstly, using data mining and analysis methods, establish a precise investment strategy for the distribution network through decision-making evaluation and goal achievement of project investment, improvement of power grid operation level, and economic benefit evaluation. Secondly, in the application of data mining technology to precise investment strategies in distribution networks, data mining is used to identify the economic value contained in the distribution network data of power enterprises. By evaluating project investment and achieving goals, we ensure the use of data mining technology to improve precision investment in distribution networks, maximize the benefits of power enterprise power grid systems, avoid decision-making errors in distribution network economic projects, and provide guarantees for the healthy development of China's power industry.