IoE – a Solution for Energy Management Challenges

Abstract

Efficient energy consumption is a key factor to World’s ambitious goals for sustainable development and activities related to air pollution and climate shifting. The increasing consumption of energy and the numerous barriers to its extraction, researchers and various consumers including businesses, industrial and home sectors are looking for new and optimal solutions to increase productivity and reduce the harmful effects of consumption. The need of developing countries to enhance their renewable energy applications will present economic opportunities for trading-based cities. Since the 70ies the technologies and Information Technology became able to change and improve the various energies, business, and even impact our lives. Besides this, they can change the global policy from fossil energy and coal to sustainable renewable energies. Internet of Energy (IoE) is a child of Internet of Things (IoT) and grandchild of cloud. IoT and the IoE as new methods in the world by equipping different environments for energy advanced sensors create smart environments. IoE will drive down the cost of energy to the point that it will be nearly given away. Also, using the capabilities of this technology based on sensors, the behavior of users is predicted and their behavioral patterns of energy consumption are identified and moderated. Among these obstacles are: completion of fossil resources and tendency towards renewable energies, environmental changes, and inclination to information systems network, increased energy prices and technology development. Moreover, in the paper, introduction of IoT as a new Internet-driven technology and related subjects like goals and tools of using IoT is performed. The results of this paper show that the available challenges in energy management to achieve use and generate energy in the most efficient way possible, and the development of a sustainable energy structure will present both opportunities and solutions for this kind of challenges with the help of IoE.