The document discusses an IoT-based smart energy grid system. It describes how IoT technologies can transform conventional power systems into smarter energy grids by enabling two-way communication between energy providers and consumers. This allows for more efficient, reliable and secure management of energy supply and demand. However, integrating IoT also introduces new security vulnerabilities that must be addressed, such as potential cyberattacks. Advanced technologies like blockchain, machine learning and AI could help secure IoT-enabled energy systems.