The internet of things in the power sector opportunities in Asia and the Pacific.

ADB, through its Improving Public Expenditure Quality Program, has provided policy and technical In Asias power sector, grids are plagued with unreliable service and are struggling to upgrade power systems to keep up with high demand growth rates. The Internet of Things (IoT), billed as the next ind...

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Bibliographic Details
Resource Type: Electronic Resource
Language:English
Published: Metro Manila, Philippines Asian Development Bank 2017.
Series:Sustainable development working papers.
Subjects:
Online Access:https://www.adb.org/publications/internet-of-things-power-sector-opportunities
Description
Summary:ADB, through its Improving Public Expenditure Quality Program, has provided policy and technical In Asias power sector, grids are plagued with unreliable service and are struggling to upgrade power systems to keep up with high demand growth rates. The Internet of Things (IoT), billed as the next industrial revolution or Industry 4.0, has the potential to significantly transform the power sector by optimizing operations, managing asset performance, and engaging customers to lower energy cost. The power sector is already reaping benefits from early consumer-oriented IoT applications: smart meters and smart thermostats.
Physical Description:1 online resource