First time real time incentive demand response program in smart grid with “i-Energy” management system with different resources

2018 ◽  
Vol 212 ◽  
pp. 607-621 ◽  
Author(s):  
M.M. Eissa
Author(s):  
Shibily Joseph ◽  
E. A. Jasmin

Aim of demand response (DR) programs are to change the usage pattern of electricity in such a way that, beneficial to the consumers as well as to the distributors by applying some methods or technology. This way additional cost to erect new energy sources can be postponed in power grid. Best method to implement demand response (DR) program is by influencing consumer through the implementation of real time pricing scheme. To harness the benefit of DR, automated home energy management system is essential. This paper presents a comprehensive demand response system with real time pricing. The real time price is determined after considering price elasticity of various classes of consumers and their load profiles. A real time clustering algorithm suitable for big data of smart grid is devised for the segmentation of consumers. This paper is novel in its design for real time pricing and modelling and automatic scheduling of appliances for home energy management. Simulation results showed that this new real time pricing method is suitable for DR programs to reduce the peak load of the system as well as reducing the energy expenditure of houses, while ensuring profit for the retailer.


Energies ◽  
2020 ◽  
Vol 13 (13) ◽  
pp. 3299 ◽  
Author(s):  
Mohammad Shakeri ◽  
Jagadeesh Pasupuleti ◽  
Nowshad Amin ◽  
Md. Rokonuzzaman ◽  
Foo Wah Low ◽  
...  

Electricity demand is increasing, as a result of increasing consumers in the electricity market. By growing smart technologies such as smart grid and smart energy management systems, customers were given a chance to actively participate in demand response programs (DRPs), and reduce their electricity bills as a result. This study overviews the DRPs and their practices, along with home energy management systems (HEMS) and load management techniques. The paper provides brief literature on HEMS technologies and challenges. The paper is organized in a way to provide some technical information about DRPs and HEMS to help the reader understand different concepts about the smart grid, and be able to compare the essential concerns about the smart grid. The article includes a brief discussion about DRPs and their importance for the future of energy management systems. It is followed by brief literature about smart grids and HEMS, and a home energy management system strategy is also discussed in detail. The literature shows that storage devices have a huge impact on the efficiency and performance of energy management system strategies.


Author(s):  
Sandeep Kakran ◽  
Saurabh Chanana

Abstract With the latest smart technologies in the electricity sector, the consumers of electricity got the opportunity to reduce their electricity consumption cost by participating in the demand response programs offered by the utility companies. In this paper, a model of energy management system is introduced for the energy scheduling at home. Residential automatic smart appliances of general use are selected for energy scheduling. The energy controlling device in the EMS model receives the real time electricity price signals from the utility company and schedule the appliances according to the user requirements in such a way so that the electricity consumption cost could be minimized. The appliances are scheduled under real time pricing combined with inclined block rate pricing scheme so that the peak to average ratio of power could be maintained in the satisfactory range. This helps the utility companies in maintaining the system reliability. For the solution of the scheduling problem, particle swarm optimization algorithm is used due to its effectiveness and easy implementation. Finally, the results have been compared and verified against the results achieved by genetic algorithm.


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