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Peer Reviewed Chapter
Chapter Name : Internet of Energy IoE Frameworks Leveraging IoT and Advanced Analytics for Efficient Renewable Energy Utilization within Smart Grids

Author Name : Dr.S.Kanimozhi, Dr Prasad U Raikar

Copyright: © 2024 | Pages: 29

DOI: 10.71443/9788197933615-14

Received: 27/09/2024 Accepted: 28/11/2024 Published: 27/12/2024

Abstract

The integration of IoT technologies into renewable energy systems offers transformative potential for optimizing energy utilization, enhancing efficiency, and ensuring sustainability. This chapter explores the role of IoT in driving real-time energy optimization, predictive maintenance, and seamless integration of Distributed Energy Resources (DERs) within smart grids. Emphasis was placed on IoT-driven solutions for reducing energy wastage, improving system performance, and enabling efficient energy storage management in hybrid energy systems. The chapter highlights the importance of standardization and security protocols for IoT devices in renewable energy applications, ensuring interoperability and safeguarding critical infrastructure. With the rapid expansion of IoT in the energy sector, addressing challenges related to scalability, security, and data integration becomes crucial for achieving long-term sustainability. This work provides a comprehensive overview of IoT frameworks and analytics that optimize renewable energy generation, storage, and distribution in modern smart grid systems.

Introduction

The global transition toward renewable energy was becoming increasingly urgent as nations seek to reduce their dependence on fossil fuels and address climate change [1]. Renewable energy sources such as solar, wind, and biomass are at the forefront of this transition, offering clean, sustainable alternatives to traditional power generation methods [2-4]. Renewable energy sources present unique challenges related to intermittency, efficiency, and integration into existing power grids [5]. The emergence of the IoT as a key enabler in modernizing the energy sector offers a viable solution to these challenges [6]. By utilizing connected devices and sensors, IoT allows for real-time monitoring and management of renewable energy systems, ensuring optimal performance and the efficient use of energy resources [7,8]. This chapter explores the pivotal role of IoT in transforming renewable energy systems, enhancing their performance, and facilitating their integration within smart grid infrastructures [9]. The integration of IoT in renewable energy systems facilitates real-time data collection and analytics, enabling precise control over energy generation, storage, and consumption. Sensors embedded within renewable energy assets, such as solar panels, wind turbines, and batteries, provide a continuous stream of performance data [10-12]. This data was transmitted to centralized platforms where advanced analytics algorithms process it to identify inefficiencies, predict maintenance needs, and optimize energy flows [13,14]. The ability to monitor renewable energy systems in real-time allows operators to make immediate adjustments, ensuring that energy production was maximized while minimizing wastage [15]. Additionally, IoT solutions enable dynamic responses to fluctuating energy demand by intelligently balancing the output from renewable sources with stored or grid-supplied energy [16]. Such optimization capabilities are critical to overcoming the challenges posed by renewable energy’s intermittency, making energy systems more reliable and responsive to changing conditions [17].