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Security Challenges in IoT enabled Smart Grid: Taxonomy of Novel Techniques and Algorithm

The traditional power system network is under a process of evolution to Smart Grids (SGs) to take care of the issues like uni-directional communication, energy wastage, information flow, security and resource sharing. Smart grid is an electrical grid which provides energy to the end users with effectiveness & efficiency. Smart grid offer bi-directional information flow between service providers and consumers, including power generation, transmission, consumption, distribution and its use frameworks. Due to its vast usage and huge network electronic power conditioning, power distribution, control of the production of energy and its distribution becomes difficult. To overcome such problems Internet of Things will provide the necessary support to smart grid so that easy transmission and power distribution will take place with much needed convenient system to operate. Smart grid is also using the internet facility for exchange of data which makes the system more vulnerable and prone to cyber-attack. In this paper, there has been a constant effort to analyse the different methods to solve the above problems by employing different strategies & algorithms.