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

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  • Asuamah Yeboah, Samuel

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.

Suggested Citation

  • Asuamah Yeboah, Samuel, 2023. "Empowering Sustainable Consumption: Harnessing the Potential of Smart Grid Systems and Internet of Things for Environmental Conservation," MPRA Paper 117978, University Library of Munich, Germany, revised 29 May 2023.
    • Handle: RePEc:pra:mprapa:117978
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    File URL: https://mpra.ub.uni-muenchen.de/117978/1/Technology%20and%20Innovation%20AND%20SUSTAINABLE%20CONSUMPTION%20%20FINAL%20PAPER%20FOR%20MPRA.pdf
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    More about this item

    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.;
    All these keywords.

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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