ABSTRACT
Energy efficiency is one of the most interesting IoT scenarios. In these scenario, sensors, actuators, and smart devices interact to generate a large volume of data associated with energy consumption. The Smart Grid is the emerging energy system wherein the application of information technology, tools, and techniques makes the grid run more efficiently. It possesses demand response capacity to help balance electrical consumption with supply. Smart Grid is important as it will take us towards energy independence and environmentally sustainable economic growth. Smart meter is a next-generation meter that is highly efficient and user friendly and provides a great way to save and control the usage of energy. The smart meter is wirelessly connected to users by the means of IoT. The challenges and opportunities of emerging and future Smart Grids can be addressed by cloud computing. In recent years, the terms “Smart Energy” and “Smart Energy Systems” have been used to express an approach that reaches broader than the term “Smart grid”. Where Smart Grids focus primarily on the electricity sector, Smart Energy Systems take an integrated holistic focus on the inclusion of more sectors (electricity, heating, cooling, industry, buildings, and transportation) and allows for the identification of more achievable and affordable solutions to the transformation into future renewable and sustainable energy solutions. At the end, every bit of information and data contributes to generate a large chunk of data in unstructured format as well as in structured format because the data is present in large volumes and in different formats this collected data is known as Big Data.
