IoT Enabled Smart Grid

Due to availability of internet and evolution of embedded devices, Internet of things can be useful to contribute in energy domain. The Internet of Things (IoT) will deliver a smarter grid to enable more information and connectivity throughout the infrastructure and to homes. Through the IoT, consumers, manufacturers and utility providers will come across new ways to manage devices and ultimately conserve resources and save money by using smart meters, home gateways, smart plugs and connected appliances. The future smart home, various devices will be able to measure and share their energy consumption, and actively participate in house-wide or building wide energy management systems. This paper discusses the different approaches being taken worldwide to connect the smart grid. Full system solutions can be developed by combining hardware and software to address some of the challenges in building a smarter and more connected smart grid.