Abstract
This article deals with the deployment of an Internet of Things (IoT) technology within the energy industry (energy distribution) in the Czech Republic. The first part of the article is devoted to an assessment of the perspectives for developing IoT applications and implementing them within the economy, and then examines how the principles of multi-criteria decision-making are used to select IoT technologies for deployment in the energy industry. The selection of technology is also followed by the selection of the specific application with the highest potential benefit for the company using such a method to select the technology. The selection solution is demonstrated and further discussed from the technological and financial standpoints and illustrated via the example of choosing among two alternatives for a real-world application, very high voltage (VHV) frosting (in electric power transmission engineering, which is usually considered as any voltage between 52,000 and 300,000 V). The application solution is analyzed by how it relates to the direct vs indirect measurement of glaze ice. The result of this technical and financial analysis was that the direct glaze ice measurement variant is clearly the more advantageous one. The direct-measurement variant has a three-year payoff period, compared to six years for indirect measurement. Further, the benefits from the direct-measurement variant are 2.25 times larger than the other variant, and the five-year net profit value amounts to a profit for the direct-measurement variant while it results in a financial loss for the indirect-measurement variant. The recommended variant is to measure the icing of VHV lines directly.
Highlights
IntroductionThe Internet of Things is a newly arising and very dynamically developing information technology
The Internet of Things is a newly arising and very dynamically developing information technology.It is expected to provide new and very special applications and services that will interweave practically all areas of human activity, from industry through logistics, sales, and entertainment including our leisure-time activities
One of the first examples of an Internet of Things is from the early 1980s, and was a Coca Cola machine located at the Carnegie
Summary
The Internet of Things is a newly arising and very dynamically developing information technology. It is expected to provide new and very special applications and services that will interweave practically all areas of human activity, from industry through logistics, sales, and entertainment including our leisure-time activities. The term “IoT” is nothing new; on the contrary, it is a fairly old one, with the first mention of it dating back to 1980, even though at that time it did not bear its current name, the Internet of Things. The Internet of Things, as a concept, was not officially named until 1999. One of the first examples of an Internet of Things is from the early 1980s, and was a Coca Cola machine located at the Carnegie
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