Intelligent energy management in IoT-enabled smart homes: Anomaly detection and consumption prediction for energy-efficient usage
Abstract
The increasing Internet of Things (IoT) device integration in smart home environments has increased the options available for intelligent energy management. In the context of smart homes, this paper provides a detailed analysis on the use of IoT data for energy consumption trend prediction and anomaly detection. We propose a novel approach that combines the advantages of the Autoregressive Integrated Moving Average (ARIMA) and Long Short-Term Memory (LSTM) models for accurate consumption forecasting. Real-world data from a smart home setting is utilised to evaluate the proposed models. Results will therefore show that our approach performs best in optimally utilizing resources, minimizing waste, and improving energy consumption. The current study contributes to the development of energy-efficient smart houses through providing a reliable method for consumption forecasting and anomaly detection. Results indicate that the LSTM model outperformed ARIMA in prediction accuracy, achieving a lower Mean Absolute Error (MAE) of 0.110 compared to ARIMA's 0.176. Furthermore, the LSTM model demonstrated superior performance in anomaly detection, with higher precision and recall scores.