**3.3 Demand response**

IoT can implement demand response programs, incentivizing consumers to reduce energy usage during peak demand periods. This can help reduce strain on the energy grid and prevent blackouts while reducing consumer costs.

**Figure 3.** *Benefits of IoT for energy management [5].*

## **3.4 Energy storage**

IoT-enabled energy storage systems can store excess energy generated by renewable sources, such as solar or wind power, for later use [8]. This can help reduce reliance on fossil fuels and promote renewable energy sources.
