Smart energy grid is the energy management system of the progressive new era. The development of new cities accentuates the need of using smart energy grids. A smart grid is a system by which monitoring and management of the whole system can be done from a single point. Smart Grid and Internet of Things are two technologies that have become vastly developed recently. In the perspective of energy saving, smart grid is an outstanding solution to optimize the energy consumption and Internet of Things can be a key that offers consumers the ease of having a real-time technique to systematize and manage energy usage. It is like a non-stop communication between the customer and the electricity board. Present day energy grids are outdated and hence less efficient. Theft of electricity, a very common occurrence in the present-day grid system ultimately decreases the efficiency and loss of revenue and energy takes place. In today’s world, we can’t afford loss of energy specifically, with the rapid rate of mitigating resources. To alleviate these problems, smart grids come as a respite. In this paper the authors propose the development of smart grid system design based on Internet of Things for smart power supply through grid and beside that smart energy meter is also developed which provides notification of meter tampering and energy consumption. The system also provides alert on electricity theft detection. The planning of the proposed protocols to be used, the working of the system, and the problems in the system design are analyzed so that the proposed design can develop the optimization of the system Smart grid.
Keywords : Smart grid; Internet of Things; energy meter; theft management