The objective of Internet of Energy (IoE) is to develop hardware, software and middleware for seamless, secure connectivity and interoperability achieved by connecting the Internet with the energy grids. The application of the IoE will be the infrastructure for the electric mobility. The underlying architecture is of distributed Embedded Systems (ESs), combining power electronics, integrated circuits, sensors, processing units, storage technologies, algorithms, and software. The IoE will implement the real time interface between the power network/grid and the Internet. The grid will increasingly rely on smaller, locally distributed electricity generators and storage systems that are based on plug & play principles. Power network devices and loads at the edge (such as electrical vehicles, buildings, electric devices, and home appliances) can be charged or connected on any source of energy being solar, wind, or hydroelectric. Reference designs and ESs architectures for high efficiency innovative smart network systems will be addressed with regard to requirements of compatibility, networking, security, robustness, diagnosis, maintenance, integrated resource management, and self-organization. The future smart grid will converge with the Internet based on standard interfaces, and a physical infrastructure to support electric mobility and the efficient distribution of power and information. IoE will provide a robust, accessible and programmable platform that creates applications and services facilitating an increased use of renewable energy sources as fast as is feasible in a cost effective manner. The project will enable the creation of value added services using both wired and wireless devices with access to the Internet by managing key topics: such as demand response, modelling/simulation, energy efficiency and conservation, usage monitoring, real time energy balance and billing. The project considers vertical integration and horizontal cooperation among energy utilities, OEMs, and hardware/software/silicon providers.TA update approved on 30/04/2013