ABSTRACT
Energy management has assumed a critical role in our pursuit of sustainable development. During the past ten years, increasing productivity trends are visible in the industry sector and, at a macro level, the energy intensity of industry is decreasing as well. However, technical and non-technical barriers continue to inhibit the adoption of many long-term energy-efficient options that are economically and environmentally sustainable. These options need to be harnessed rapidly to enhance competitiveness and profitability, energy security, and environmental quality. This requires developing a new framework for energy efficiency in process or operation. With the growing energy demand, network complexity has also increased. In a sustainable grid scenario, the energy efficiency performance can be analyzed through a passive energy booster (PEB) and active energy booster (AEB). In modern power and energy systems, the AEBs and PEBs are realized through smart systems, and therefore, it needs to develop a new framework of the Internet of Energy (IoE). An IoE is the merging of two techniques, namely the Internet of Things (IoT) and energy efficiency. Under frequent changes in the operating conditions, the IoE allows monitoring, analyzing, and implementing the new techniques through internet sources. Conversely, in the traditional automation system, instantaneous monitoring is not possible rather these systems operate more or less when the contingency has occurred. The online monitoring and the subsequent analysis tend to improve the system performance with no extra cost and IoE provides an extraordinary platform for energy efficiency in the process and or operation. This chapter presented the new framework of the IoE for the coordinated operation of power distribution systems.
