The power is on: How IoT technology is driving energy innovation

"Technology, particularly Internet of Things (IoT) applications, offers a range of possibilities for how electric utilities can move forward. IoT can improve the efficiency and performance of the power grid in three phases: first, by gathering data from sensors to improve the resilience of the grid; then through enablement, where utilities use that data to actively manage resources; and finally, optimization, where all stakeholders are able to make informed decisions about power usage and generation. Through these three phases, IoT offers some indications of how utilities can not only survive, but thrive, in this new competitive environment." Read more

Rob Young, John McCue, & Christian Grant Deloitte University Press 21 Jan 2016