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tag-internet-of-things tag-iot" role="article" itemscope itemtype="http://schema.org/BlogPosting" data-title="How smart grids are changing energy management" data-url="/news/how-smart-grids-are-changing-energy-management/"> <header class="article-header"> <h1 class="entry-title single-title" itemprop="headline">How smart grids are changing energy management</h1> </header> <section class="entry-content" itemprop="text"> <div class="grid-x grid-margin-x margin-top-2"> <div class="cell small-12 medium-12 large-12 margin-bottom-1"> <img width="1440" height="960" src="https://iottechnews.com/wp-content/uploads/2024/11/How-smart-grids-are-changing-energy-management-e1732257965560.jpg" class="attachment-full size-full wp-post-image" alt="How smart grids are changing energy management" decoding="async" /> </div> <div class="cell small-12 medium-12 large-12 margin-bottom-1"> <div class="author"> <div class="byline" style="text-align:right;padding-right:10px;"> <h3 style="float:left;">About the Author</h3> <span class="by">By <a href="https://iottechnews.com/news/author/muhammadzulhusni/" title="Posts by Muhammad Zulhusni" rel="author" itemprop="author" itemscope="itemscope" itemtype="https://schema.org/Person">Muhammad Zulhusni</a></span> | <time class="entry-date published" datetime="2024-11-22T12:07:27+00:00">22nd November 2024</time> <div class=""> Categories: <a href="https://iottechnews.com/categories/iot-ai/" title="Internet of Things AI News. Read the latest on IoT AI news, trends and insights here at IoT Tech News.">AI</a>, <a href="https://iottechnews.com/categories/iot-applications/" title="IoT Applications News. Read the latest on IoT Applications news, trends and insights here at IoT Tech News.">Applications</a>, <a href="https://iottechnews.com/categories/iot/" title="IoT News. Read the latest on IoT news, trends and insights here at IoT Tech News.">IoT</a>, </div> </div> <div class="avatar-left" style="width:100%;"> <p style="text-align:justify;display:inline-block;"> <img src="https://iottechnews.com/wp-content/uploads/2024/07/muhammadprof2.jpeg" alt="How smart grids are changing energy management" title="How smart grids are changing energy management" width="100" style="width:100px;float:left;margin-right:20px;" /> <span class="emg_author_description">As a tech journalist, Zul focuses on topics including cloud computing, cybersecurity, and disruptive technology in the enterprise industry. 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style='clear:both'></div> <p>Smart grids are changing the way electricity is managed, delivered, and consumed.</p> <p>Unlike traditional power grids, smart grides use advanced technologies like AI and <a href="https://iottechnews.com/news/oracle-and-vodafone-enhance-global-iot-connectivity/" target="_blank" rel="noreferrer noopener">IoT</a> to improve energy distribution efficiency, sustainability, and reliability. Grids adapt dynamically to shifting energy demands, reduce waste, and feature renewable energy sources, while providing consumers with real-time information about their electricity consumption.</p> <p>At their core, smart grids rely on a network of sensors, smart meters, and automation tools to optimise energy flow. Real-time monitoring tracks electricity consumption and grid conditions, while AI-powered analytics identify trends and possible problems before they worsen. The systems also balance energy from several sources, such as solar and wind, ensuring that renewable electricity is absorbed into the grid.</p> <p>Smart grids also exhibit self-healing capabilities. For example, after a power outage, they can automatically re-route electricity to minimise disruptions and prevent widespread blackouts. The proactive approach increases grid resilience and lowers maintenance costs.</p> <h3 class="wp-block-heading">Why are smart grids important?</h3> <p>Smart grids benefit consumers and energy providers. Systems enable real-time energy tracking, allowing users to make smarter choices about consumption, which can reduce costs and lower strain on the grid during peak hours. Smart grids increase operational efficiency and allow for improved resource allocation, resulting in less waste and fewer outages.</p> <p>Another major advantage is smart grids’ compatibility with renewable energy. They stabilise energy supply and contribute to a cleaner, more sustainable future by managing the variable nature of solar and wind power. They also empower consumers to become producers, feeding excess energy back into the grid and contributing to a decentralised energy system.</p> <p>Despite their promise, the implementation of smart grids isn’t without its hurdles. High upfront costs, including installing smart meters and sensors, can deter smaller utilities especially in budget-constrained regions. Government incentives, phased rollouts, and public-private partnerships can help address the financial barriers.</p> <p>Cybersecurity is another major fear. Smart grids’ reliance on real-time data exchange renders them vulnerable to cyberattacks. To protect systems, utilities must implement strong cybersecurity frameworks and comply with strict regulatory standards.</p> <p>Additionally, smart grids require greater consumer awareness. Many people are unaware of the benefits and are cautious about adopting new energy practices. Educational campaigns and incentive programs, such as off-peak energy use, can boost wider acceptance and participation.</p> <p>Smart grids have already had an impact around the world. In Amsterdam, projects such as <a target="_blank" href="https://eurocities.eu/latest/city-zen-new-urban-energy-learn-from-the-past-and-shape-the-future/" rel="noreferrer noopener">City-Zen</a> have retrofitted buildings with energy-efficient technologies, while Flexpower optimises electric vehicle charging. The <a target="_blank" href="https://www.pecanstreet.org/2014/07/smart-grid-project-saves-money-and-energy-in-texas/" rel="noreferrer noopener">Pecan Street Project in Austin</a>, Texas, allows homeowners to track their energy use, set budgets, and even sell surplus electricity back to the grid. Meanwhile, California’s Independent System Operator (CAISO) employs automated systems to balance renewable energy with real-time demand, ensuring a stable and efficient power supply.</p> <h3 class="wp-block-heading">The journey ahead</h3> <p>The future of smart grids holds even greater potential. AI and IoT technologies will further automate grid operations, enabling quicker responses to demand fluctuations and reducing outages. Blockchain technology may introduce secure peer-to-peer energy trading, hence promoting local energy markets. Strengthened cybersecurity protocols will protect increasingly complex systems from emerging threats, ensuring their reliability.</p> <p>Consumers are also expected to play a more active role in the energy ecosystem. With greater access to real-time data, individuals can adjust their consumption habits, contributing to grid stability and efficiency and lower their energy bills.</p> <p>Smart grids are redefining energy management by integrating technology and sustainability to create a more efficient and resilient future. As adoption grows, they offer a compelling vision of a smarter, greener energy economy that benefits everyone.</p> <p><em>(Image by <a href="https://pixabay.com//?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=3920905">Pixabay)</a></em></p> <p><strong>See also: <a target="_blank" href="https://iottechnews.com/news/samsung-tackles-grid-stability-smart-home-energy-system/" rel="noreferrer noopener">Samsung tackles grid stability with smart home energy system</a></strong></p> <figure class="wp-block-image size-full"><a href="https://www.iottechexpo.com/"><img decoding="async" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://iottechnews.com/wp-content/uploads/2023/02/iot-tech-expo-world-728x-90-01.png" alt="" class="wp-image-24482 lazyload"/><noscript><img decoding="async" width="728" height="90" src="https://iottechnews.com/wp-content/uploads/2023/02/iot-tech-expo-world-728x-90-01.png" alt="" class="wp-image-24482 lazyload" srcset="https://iottechnews.com/wp-content/uploads/2023/02/iot-tech-expo-world-728x-90-01.png 728w, https://iottechnews.com/wp-content/uploads/2023/02/iot-tech-expo-world-728x-90-01-300x37.png 300w, https://iottechnews.com/wp-content/uploads/2023/02/iot-tech-expo-world-728x-90-01-380x47.png 380w, https://iottechnews.com/wp-content/uploads/2023/02/iot-tech-expo-world-728x-90-01-350x43.png 350w, https://iottechnews.com/wp-content/uploads/2023/02/iot-tech-expo-world-728x-90-01-100x12.png 100w, https://iottechnews.com/wp-content/uploads/2023/02/iot-tech-expo-world-728x-90-01-60x7.png 60w" sizes="(max-width: 728px) 100vw, 728px" /></noscript></a></figure> <p><strong>Want to learn about the IoT from industry leaders?</strong> Check out <a target="_blank" href="https://www.iottechexpo.com/" rel="noreferrer noopener">IoT Tech Expo</a> taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including <a target="_blank" href="https://www.cybersecuritycloudexpo.com/" rel="noreferrer noopener">Cyber Security & Cloud Expo</a>, <a target="_blank" href="https://www.ai-expo.net/" rel="noreferrer noopener">AI & Big Data Expo</a>, <a target="_blank" href="https://intelligentautomation-conference.com/northamerica/" rel="noreferrer noopener">Intelligent Automation Conference</a>, <a target="_blank" href="https://edgecomputing-expo.com/" rel="noreferrer noopener">Edge Computing Expo</a>, and <a target="_blank" href="https://digitaltransformation-week.com/" rel="noreferrer noopener">Digital Transformation Week</a>.</p> <p>Explore other upcoming enterprise technology events and webinars powered by TechForge <a target="_blank" href="https://techforge.pub/events/" rel="noreferrer noopener">here</a>.</p> <p class="tags"><span class="tags-title">Tags:</span> <a href="https://iottechnews.com/news/tag/ai/" rel="tag">ai</a>, <a href="https://iottechnews.com/news/tag/electricity/" rel="tag">electricity</a>, <a href="https://iottechnews.com/news/tag/internet-of-things/" rel="tag">internet of things</a>, <a href="https://iottechnews.com/news/tag/iot/" rel="tag">IoT</a></p> </div> </div> </section> <section class="comments-section"> <div class="grid-x grid-margin-x margin-top-2"> <div class="cell small-12 medium-4 large-4 large-offset-4"> <div class="button btn full-width view-comments">View Comments</div> </div> <div class="cell small-12 medium-4 large-4"> <div class="button invert btn full-width leave-comment">Leave a comment</div> </div> <div class="cell small-12 medium-8 large-8 large-offset-4"> <div id="comments" class="comments-area"> <div id="respond" class="comment-respond"> <h3 id="reply-title" class="comment-reply-title">Leave a Reply <small><a rel="nofollow" id="cancel-comment-reply-link" href="/news/how-smart-grids-are-changing-energy-management/#respond" style="display:none;">Cancel 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class="gfield_required"><span class="gfield_required gfield_required_asterisk">*</span></span></label><div class='ginput_container ginput_container_text'><input name='input_11' id='input_11_11' type='text' value='' class='large' aria-required="true" aria-invalid="false" /></div></div><div id="field_11_26" class="gfield gfield--type-select job_type populate company gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_11_26" ><label class='gfield_label gform-field-label' for='input_11_26'>Job Type<span class="gfield_required"><span class="gfield_required gfield_required_asterisk">*</span></span></label><div class='ginput_container ginput_container_select'><select name='input_26' id='input_11_26' class='large gfield_select' aria-required="true" aria-invalid="false" ><option value='' selected='selected' class='gf_placeholder'>Job Type</option><option value='founder-partner' 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company_type gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_11_15" ><label class='gfield_label gform-field-label' for='input_11_15'>Company Type<span class="gfield_required"><span class="gfield_required gfield_required_asterisk">*</span></span></label><div class='ginput_container ginput_container_select'><select name='input_15' id='input_11_15' class='large gfield_select' aria-required="true" aria-invalid="false" ><option value='' selected='selected' class='gf_placeholder'>Company Type</option><option value='consultancy-advisor-research' >Consultancy / Advisor / Research</option><option value='enterprise-sme' >Enterprise / SME</option><option value='investor-vc' >Investor / VC</option><option value='press-media' >Press / Media</option><option value='public-sector' >Public Sector</option><option value='service-provider' >Service Provider</option><option value='startup' 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Environment (Inc Real Estate, Construction, Facilities and Cities)</option><option value='business-functions' >Business Functions (Inc Marketing, HR)</option><option value='communications' >Communications (Inc Telcos, 5G)</option><option value='consultancy-advisor-research' >Consultancy / Advisor / Research</option><option value='consumer-goods-retail' >Consumer Goods / Retail</option><option value='financial-services' >Financial services (Inc Banking, Insurance)</option><option value='healthcare' >Healthcare (Inc Pharma)</option><option value='it-services' >IT Services</option><option value='manufacturing-supplychain' >Manufacturing / Supply Chain</option><option value='media-pr' >Media / PR (Inc Government, NfP, Education, Defence)</option><option value='platforms' >Platforms (inc Software, Hardware, Web, Cloud)</option><option value='public-sector' >Public Sector (Inc Government, NfP, Education, Defence)</option><option value='regulation-compliance-law' >Regulation / Compliance / Law</option><option value='utilities-energy' >Utilities / Energy</option></select></div></div><div id="field_11_19" class="gfield gfield--type-section gsection account field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_11_19" ><h3 class="gsection_title">Account Details</h3></div><div id="field_11_13" class="gfield gfield--type-email account gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_11_13" ><label class='gfield_label gform-field-label' for='input_11_13'>Email<span class="gfield_required"><span class="gfield_required gfield_required_asterisk">*</span></span></label><div class='ginput_container ginput_container_email'> <input name='input_13' id='input_11_13' type='email' value='' class='large' aria-required="true" aria-invalid="false" /> </div></div><div id="field_11_14" class="gfield gfield--type-username account gfield_contains_required field_sublabel_below gfield--has-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_11_14" ><label class='gfield_label gform-field-label' for='input_11_14'>Username<span class="gfield_required"><span class="gfield_required gfield_required_asterisk">*</span></span></label><div class='ginput_container ginput_container_text'><input name='input_14' id='input_11_14' type='text' value='' class='large' aria-describedby="input_11_14_desc gfield_description_11_14" aria-required="true" aria-invalid="false" /></div><div class='gfield_description' id='gfield_description_11_14'>This must be a combination of letters and numbers</div></div><fieldset id="field_11_3" class="gfield gfield--type-password account set-password gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_11_3" ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Password<span class="gfield_required"><span class="gfield_required gfield_required_asterisk">*</span></span></legend><div class='ginput_complex ginput_container ginput_container_password gform-grid-row' id='input_11_3_container'> <span id='input_11_3_1_container' class='ginput_password ginput_left gform-grid-col gform-grid-col--size-auto'> <span class='password_input_container'> <input autocomplete='new-password' type='password' name='input_3' id='input_11_3' value='' aria-required="true" aria-invalid="false" /> <button autocomplete='new-password' type='button' class='gform_show_password gform-theme-button gform-theme-button--simple' onclick='javascript:gformToggleShowPassword("input_11_3");' aria-live='polite' aria-label='Show Password' data-label-show='Show Password' data-label-hide='Hide Password'><span class='dashicons dashicons-hidden' aria-hidden='true'></span></button> 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class="gfield gfield--type-consent gfield--type-choice account gfield_contains_required field_sublabel_below gfield--has-description field_description_below hidden_label field_validation_below gfield_visibility_visible" data-js-reload="field_11_22" ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Consent<span class="gfield_required"><span class="gfield_required gfield_required_asterisk">*</span></span></legend><div class='ginput_container ginput_container_consent'><input name='input_22.1' id='input_11_22_1' type='checkbox' value='1' aria-describedby="gfield_consent_description_11_22" aria-required="true" aria-invalid="false" /> <label class="gform-field-label gform-field-label--type-inline gfield_consent_label" for='input_11_22_1' >I agree to the <a target="blank" href="/privacy-policy/">privacy policy</a>.<span class="gfield_required gfield_required_asterisk">*</span></label><input type='hidden' name='input_22.2' value='I agree to the <a target="blank" 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We do this to improve browsing experience and to show personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.</div>  <div class="cmplz-categories"> <details class="cmplz-category cmplz-functional" > <summary> <span class="cmplz-category-header"> <span class="cmplz-category-title">Functional</span> <span class='cmplz-always-active'> <span class="cmplz-banner-checkbox"> <input type="checkbox" id="cmplz-functional-optin" data-category="cmplz_functional" class="cmplz-consent-checkbox cmplz-functional" size="40" value="1"/> <label class="cmplz-label" for="cmplz-functional-optin" tabindex="0"><span class="screen-reader-text">Functional</span></label> </span> Always active </span> <span class="cmplz-icon cmplz-open"> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" height="18" ><path d="M224 416c-8.188 0-16.38-3.125-22.62-9.375l-192-192c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L224 338.8l169.4-169.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-192 192C240.4 412.9 232.2 416 224 416z"/></svg> </span> </span> </summary> <div class="cmplz-description"> <span class="cmplz-description-functional">The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.</span> </div> </details> <details class="cmplz-category cmplz-preferences" > <summary> <span class="cmplz-category-header"> <span class="cmplz-category-title">Preferences</span> <span class="cmplz-banner-checkbox"> <input type="checkbox" id="cmplz-preferences-optin" data-category="cmplz_preferences" class="cmplz-consent-checkbox cmplz-preferences" size="40" value="1"/> <label class="cmplz-label" for="cmplz-preferences-optin" tabindex="0"><span class="screen-reader-text">Preferences</span></label> </span> <span class="cmplz-icon cmplz-open"> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" height="18" ><path d="M224 416c-8.188 0-16.38-3.125-22.62-9.375l-192-192c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L224 338.8l169.4-169.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-192 192C240.4 412.9 232.2 416 224 416z"/></svg> </span> </span> </summary> <div class="cmplz-description"> <span class="cmplz-description-preferences">The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.</span> </div> </details> <details class="cmplz-category cmplz-statistics" > <summary> <span class="cmplz-category-header"> <span class="cmplz-category-title">Statistics</span> <span class="cmplz-banner-checkbox"> <input type="checkbox" id="cmplz-statistics-optin" data-category="cmplz_statistics" class="cmplz-consent-checkbox cmplz-statistics" size="40" value="1"/> <label class="cmplz-label" for="cmplz-statistics-optin" tabindex="0"><span class="screen-reader-text">Statistics</span></label> </span> <span class="cmplz-icon cmplz-open"> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" height="18" ><path d="M224 416c-8.188 0-16.38-3.125-22.62-9.375l-192-192c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L224 338.8l169.4-169.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-192 192C240.4 412.9 232.2 416 224 416z"/></svg> </span> </span> </summary> <div class="cmplz-description"> <span class="cmplz-description-statistics">The technical storage or access that is used exclusively for statistical purposes.</span> <span class="cmplz-description-statistics-anonymous">The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.</span> </div> </details> <details class="cmplz-category cmplz-marketing" > <summary> <span class="cmplz-category-header"> <span class="cmplz-category-title">Marketing</span> <span class="cmplz-banner-checkbox"> <input type="checkbox" id="cmplz-marketing-optin" data-category="cmplz_marketing" class="cmplz-consent-checkbox cmplz-marketing" size="40" value="1"/> <label class="cmplz-label" for="cmplz-marketing-optin" tabindex="0"><span class="screen-reader-text">Marketing</span></label> </span> <span class="cmplz-icon cmplz-open"> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" height="18" ><path d="M224 416c-8.188 0-16.38-3.125-22.62-9.375l-192-192c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L224 338.8l169.4-169.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-192 192C240.4 412.9 232.2 416 224 416z"/></svg> </span> </span> </summary> <div class="cmplz-description"> <span class="cmplz-description-marketing">The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.</span> </div> </details> </div> </div> <div class="cmplz-links cmplz-information"> <a class="cmplz-link cmplz-manage-options cookie-statement" href="#" data-relative_url="#cmplz-manage-consent-container">Manage options</a> <a class="cmplz-link cmplz-manage-third-parties cookie-statement" href="#" data-relative_url="#cmplz-cookies-overview">Manage services</a> <a class="cmplz-link cmplz-manage-vendors tcf cookie-statement" href="#" data-relative_url="#cmplz-tcf-wrapper">Manage {vendor_count} vendors</a> <a class="cmplz-link cmplz-external cmplz-read-more-purposes tcf" target="_blank" rel="noopener noreferrer nofollow" href="https://cookiedatabase.org/tcf/purposes/">Read more about these purposes</a> </div> <div class="cmplz-divider cmplz-footer"></div> <div class="cmplz-buttons"> <button class="cmplz-btn cmplz-accept">Accept</button> <button class="cmplz-btn cmplz-deny">Deny</button> <button class="cmplz-btn cmplz-view-preferences">View preferences</button> <button class="cmplz-btn cmplz-save-preferences">Save preferences</button> <a class="cmplz-btn cmplz-manage-options tcf cookie-statement" href="#" data-relative_url="#cmplz-manage-consent-container">View preferences</a> </div> <div class="cmplz-links cmplz-documents"> <a class="cmplz-link cookie-statement" href="#" data-relative_url="">{title}</a> <a class="cmplz-link privacy-statement" href="#" data-relative_url="">{title}</a> <a class="cmplz-link impressum" href="#" data-relative_url="">{title}</a> </div> </div> </div> <div id="cmplz-manage-consent" data-nosnippet="true"><button class="cmplz-btn cmplz-hidden cmplz-manage-consent manage-consent-1">Manage consent</button> </div> <div id="fb-root"></div> <link rel='stylesheet' id='gform_basic-css' href='https://iottechnews.com/wp-content/plugins/gravityforms/assets/css/dist/basic.min.css?ver=2.9.0' type='text/css' media='all' /> <link rel='stylesheet' id='gform_theme_components-css' href='https://iottechnews.com/wp-content/plugins/gravityforms/assets/css/dist/theme-components.min.css?ver=2.9.0' type='text/css' media='all' /> <link rel='stylesheet' id='gform_theme-css' href='https://iottechnews.com/wp-content/plugins/gravityforms/assets/css/dist/theme.min.css?ver=2.9.0' type='text/css' media='all' /> <script type="text/javascript" src="https://iottechnews.com/wp-content/plugins/sg-cachepress/assets/js/lazysizes.min.js?ver=7.7.1" id="siteground-optimizer-lazy-sizes-js-js"></script> <script type="text/javascript" id="TechForge-js-extra"> /* <![CDATA[ */ var techforgeRequests = {"ajaxurl":"https:\/\/iottechnews.com\/wp-admin\/admin-ajax.php","_nonce":"0a073a2227"}; 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