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BUILDING THE SMART GRID: WHY IOT SHOULD POWER TOMORROW’S CITIES
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10/28/2019 Building the Smart Grid: IoT in Energy Management and Monitoring
The Internet of Things (IoT) has the power to reshape the way we think about cities across
the world. IoT connects people and governments to smart city solutions with the invention of
Smart Grid technology, designed to improve upon and replace the older architecture.
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10/28/2019 Building the Smart Grid: IoT in Energy Management and Monitoring
more sustainable solutions. Optimized wind turbines, solar cells, microgrid technologies,
and feeder automation systems have the potential to benefit all levels of the distribution
chain.
3. Lower Costs
According to the Department of Energy, (https://www.techrepublic.com/article/10-facts-
about-the-smart-grid-its-role-in-unlocking-clean-energy/) today’s electrical system power
outages and interruptions cost Americans at least $150 billion each year, putting the price
tag at about $500 per person. As the world’s population continues to rise, the older grids
won’t be able to keep up with the increasing demands. Smart Grids are designed to lower
costs through smart energy IoT monitoring and source rerouting the instant a power failure
is detected.
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10/28/2019 Building the Smart Grid: IoT in Energy Management and Monitoring
These are just a few of the many benefits that IoT-enabled smart grid solutions can provide.
Once fully integrated, smart grid technologies can change the way we work, play, and
interact with the world around us.
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