Smart Grids and Demand Responses Stratergies for Efficient Energy Management in IoT Based Urban Environments

The exponential rise in the demand for electrical energy brought about by the world's population growth will result in a shortage of electricity in the future. As the internet-of-things (IoT) expands, more intelligent gadgets will be added to residential structures. Through demand response (DR) programs, these smart cities actively participate in the electrical market, enabling them to better manage energy and meet the growing demand for energy. Because of this incentive, a price-based demand response (DR) scheme was created to control energy in residential buildings equipped with Internet of Things technology. Demand side management requires a smart energy management system in order to detect trends in consumer energy consumption, meet energy requirements while cutting expenses, and react to algorithms and commands that save energy. The Internet of Things is one cutting-edge technology that can be used to effectively control energy use in the residential, commercial, and industrial sectors in a smart environment. This study provides a smart energy management system for smart settings that combines the Energy Controller and IoT middleware module to enable efficient demand side control.