Active consumer participation is seen as an integral part of the emerging smart grid. Examples include demandside management programs, incorporation of consumer-owned energy storage or renewable energy units, and active energy trading. However, despite the foreseen technological benefits of such consumer-centric grid features, to date, their widespread adoption in practice remains modest. To sh...

The automotive industry is witnessing a revolution with the advent of advanced vehicular technologies, smart vehicle options, and fuel alternatives. However, there is very limited research on consumer preferences for such advanced vehicular technologies. The deployment and penetration of advanced vehicular technologies in the marketplace, and planning for possible market adoption scenarios, cal...

3 Conclusion 1.Smart metering projects are at risk of consumer rejection, and investment failure. 2.We have identified ways to reduce consumer’s privacy and choice concerns about data that is extracted and transmitted from a smart meter. 3.We have proposed a Smart Metering System Architecture and abstract data flow model that identifies security and privacy requirements to ensure consumer secur...

Understanding the stakeholder’s needs, particularly the end-user’s need is important when designing and developing a critical infrastructure like power grid. Smart metering systems are considered as a vital element in grid modernisation projects. It provides the utility with a range of opportunities to improve their business. The benefits to other market parties are also clear. But the resident...

I welcome the readers to fourth issue of year 2023, July/August IEEE Consumer Electronics Magazine (MCE).

The role of Demand Side Management (DSM) with Distributed Energy Storage (DES) has been gaining attention in recent studies due to the impact of the latter on energy management in the smart grid. In this work, an Energy Scheduling and Distributed Storage (ESDS) algorithm is proposed to be installed into the smart meters of Time-of-Use (TOU) pricing consumers possessing in-home energy storage de...

The smart grid is an electronically controlled electrical grid that connects power generation, transmission, distribution, and consumers using information communication technologies. One of the key characteristics of the smart grid is its support for bi-directional information flow between the consumer of electricity and the utility provider. This two-way interaction allows electricity to be ge...

the current youth market is characterized as tech-savvy, variety seekers who has been active in using digital technology in unprecedented ways. the market segment defined here comprises of youth adults between the ages 20 to 30, who are more comfortable with purchasing the smartphones than previous generation. there is fierce competition in smartphone market, due to the large selection of devic...

Large commercial and industrial loads known as large energy consumers are always seeking to reduce their energy costs and consequently they are utilizing renewable and non-renewable energy sources in procurement of their required energy. Use of renewable energy sources (RESs) and plug-in electric vehicles (PHEVs) parking lot without proper planning will make technical and economic problems for ...