Exploring the Convergence of IoT Technology and Hybrid Renewable Energy Systems: A review

Abstract

The Internet of Things (IoT) has indeed revolutionized the way we interact with our surroundings by connecting physical objects through sensors, software, and other technologies. The interconnectedness enables seamless communication between people, processes, and things, transforming the way we interact with the physical world. Key technologies enabling IoT include low-cost sensor technology, various network protocols for connectivity, cloud computing platforms, machine learning, and conversational artificial intelligence. These advancements have made IoT devices more affordable and appealing for home use. In industrial settings, Industrial IoT (IIoT) applications like smart manufacturing, connected assets, smart power grids, smart cities, and connected logistics have enhanced operational efficiency and business value. Oracle offers intelligent applications leveraging IoT technology to enhance operational efficiency, boost productivity, improve customer experiences, and capitalize on new business opportunities. The convergence of IoT technology with various sectors like manufacturing, automotive, transportation, logistics, retail, public sector, and healthcare has transformative effects on businesses and industries. Integrating IoT technology with hybrid renewable energy systems offers several advantages, including efficient monitoring and control of energy generation and consumption, optimized energy management, improved performance and maintenance of renewable energy assets, and better grid management. The convergence of IoT technology and hybrid renewable energy systems contributes to intelligent energy management by collecting and analyzing real-time data to optimize energy generation and distribution. Some examples of IoT applications in the context of hybrid renewable energy systems include smart grid management, predictive maintenance, energy consumption optimization, and demand response management. While there are challenges associated with integrating IoT technology and hybrid renewable energy systems, such as security concerns, interoperability, scalability, and data management, the potential for sustainable energy management and a greener future is immense.