I. Introduction
Traditionally, the power distribution grids were passive by design and no real-time monitoring was required for their operation. However, the expansion of distributed energy resources (DER), especially of renewable sources (RES), together with significant changes in the power profiles of the loads, and expected increase of ad-hoc loads such as electric vehicles, are currently requesting for deployment of advanced metering infrastructure at this part of the grid [1]. Furthermore, enhanced situational awareness is needed for flexible and optimal operation of the current active distribution grids which might incorporate several types of actively controlled entities, such as energy communities [2], microgrids, large charging stations on top of the now classical flexible loads and DER [3]. Next generation smart meters (SM) [4] or micro phasor measurement units (PMUs) [5] are among the advanced metering technologies able to provide high resolution measurements needed for plethora of applications in active distribution grids and smart grids [6]. However, transmitting, processing and analysing these measurements in the raw format, in a central location might be costly, impractical as well as raising privacy concerns [2], [7].