As the environmental protection policies become increasingly strict, hazardous waste disposal is a noteworthy issue for power grid companies to achieve clean production. Based on the radio frequency identification devices (RFID) and internet of things (IoT) technology, a virtual warehouse theory, and informatization management system was introduced in this article, which consists of waste identification and tracking, full-chain of IoT, trade matching, production forecast, and visual display. This study offers a new thought for grid companies to develop other management methods to promote environmental protection and management works.