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Internet-based Smart Energy Services
IoT-based smart grid systems are pivotal in transforming the energy sector, offering enhanced efficiency and reliability. Driving Smart Energy Services Forward - A report by the InEExS project, outlines two roadmaps to accelerate the deployment of smart energy services across Europe. The potential. The Internet of Things is an emerging technology that can be employed to effectively manage energy usage in industrial, commercial, and residential sectors in the smart environment. This shift is evidenced by impressive market growth: by 2030, the global smart grid market is projected to reach USD 173 billion, expanding at a CAGR of 16.