1. A method for adaptive sampling of smart meter data, the method comprising: retrieving one or more balancing constraints associated with one or more smart meter sensors; retrieving meter sensor data from the one or more smart meter sensors according to the one or more balancing constraints; determining a subsample of the meter sensor data; and transmitting the subsample of the meter sensor data to an optimization engine for use in solving an optimization problem; wherein the steps are carried out by one or more computer processors.