Let’s take a look at how the IoT fits into the smart grid—how it works, its applications, and its potential benefits.
The energy sector loses billions of dollarsin value due to fraud each year, resulting in higher prices for consumers and increased taxes for taxpayers supporting government energy subsidies. It’s been estimated that as much as $100 billion is lostdue to energy theft and other non-technical.
As the name suggests, preventative maintenanceis about addressing issues before they happen with proactive monitoring and fixes. Every time.
Power generation is the second-leading cause of greenhouse gas emissions, behind only the transportation sector. In a sector aching for innovation,.
Remote shut-off features find a natural application in combating energy theft, as they allow utilities to automatically restrict access to energy and even cut off services in the event of a delinquent account. But the practical uses for remote control IoT functionsapply to much.
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