Introducing AI-Driven IoT Energy Management Framework

Abstract: Power consumption has become a critical aspect of modern life due to the consistent reliance on technological advancements. Reducing power consumption or following power usage predictions can lead to lower monthly costs and improved electrical reliability. The proposal of a holistic framework to establish a foundation for IoT systems with a focus on contextual decision making, proactive adaptation, and scalable structure. A structured process for IoT systems with accuracy and interconnected development would support reducing power consumption and support grid stability. This study presents the feasibility of this proposal through the application of each aspect of the framework. This system would have long term forecasting, short term forecasting, anomaly detection, and consideration of qualitative data with any energy management decisions taken. Performance was evaluated on Power Consumption Time Series data to display the direct application of the framework.