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Empowering Sustainable Consumption: Harnessing the Potential of Smart Grid Systems and Internet of Things for Environmental Conservation

Samuel Yeboah

MPRA Paper from University Library of Munich, Germany

Abstract: This systematic review explores the role of smart grid systems (SGS) and the Internet of Things (IoT) in environmental conservation. Smart grid systems, incorporating advanced technologies such as sensors, data analytics, and renewable energy sources, enable efficient electricity distribution, load management, and grid stability. The IoT, through real-time monitoring and data collection of environmental parameters, facilitates proactive environmental management and resource allocation. By analysing existing research and case studies, this review provides a comprehensive analysis of the benefits and challenges associated with these technologies. The findings highlight their potential in promoting energy conservation, informed decision-making, and environmental sustainability.

Keywords: smart grid systems; Internet of Things (IoT); environmental conservation; energy conservation; load management; grid stability; real-time monitoring; proactive environmental management; resource allocation; sustainability. (search for similar items in EconPapers)
JEL-codes: L94 Q50 Q55 (search for similar items in EconPapers)
Date: 2023-04-25, Revised 2023-05-29
New Economics Papers: this item is included in nep-ene and nep-env
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