Abstract
A smart grid is a new concept that provides a two-way information and electricity connection that has prepared an opportunity to involve customers for awareness of load profile, the participation of distributed generation, demand management, cost optimization, and variety in customer services. With the emergence of newer technologies in the fifth-generation (5G) and beyond, like the internet of things (IoT), devices tend to be always online. IoT provides the necessary platform for the exchange of information. Running demand-side management (DSM) needs technologies such as advanced metering infrastructure (AMI) on the consumption side. On the other hand, new devices can connect to the Internet. By sending a signal from the utility and receiving it by the AMI, a shiftable home appliance can run-in low-price time without human activity. This chapter focuses on providing an overview of the smart grid and the application of IoT in smart grids by focusing on DSM. Accordingly, well-known IoT algorithms based on DSM used in smart homes has been reviewed and investigated in this chapter. Accordingly, the basics of IoT and DSM and their application to the smart grids are investigated and reported in this study.
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