Electricity cost comparison of dynamic pricing model based on load forecasting in home energy management system

Energy ◽  
2021 ◽  
Vol 229 ◽  
pp. 120538
Author(s):  
Xueyuan Zhao ◽  
Weijun Gao ◽  
Fanyue Qian ◽  
Jian Ge
2019 ◽  
Vol 11 (22) ◽  
pp. 6287 ◽  
Author(s):  
Aqib Jamil ◽  
Turki Ali Alghamdi ◽  
Zahoor Ali Khan ◽  
Sakeena Javaid ◽  
Abdul Haseeb ◽  
...  

The feature of bidirectional communication in a smart grid involves the interaction between consumer and utility for optimizing the energy consumption of the users. For optimal management of the energy at the end user, several demand side management techniques are implemented. This work proposes a home energy management system, where consumption of household appliances is optimized using a hybrid technique. This technique is developed from cuckoo search algorithm and earthworm algorithm. However, there is a problem in such home energy management systems, that is, an uncertain behavior of the user that can lead to force start or stop of an appliance, deteriorating the purpose of scheduling of appliances. In order to solve this issue, coordination among appliances for rescheduling is incorporated in home energy management system using game theory. The appliances of the home are categorized in three different groups and their electricity cost is computed through the real-time pricing signals. Optimization schemes are implemented and their performance is scrutinized with and without coordination among the appliances. Simulation outcomes display that our proposed technique has minimized the total electricity cost by 50.6% as compared to unscheduled cost. Moreover, coordination among appliances has helped in increasing the user comfort by reducing the waiting time of appliances. The Shapley value has outperformed the Nash equilibrium and zero sum by achieving the maximum reduction in waiting time of appliances.


Author(s):  
Sandeep Kakran ◽  
Saurabh Chanana

Abstract Demand response (DR) programs have become powerful tools of the smart grids, which provide opportunities for the end-use consumers to participate actively in the energy management programs. This paper investigates impact of different DR strategies in a home-energy management system having consumer with regular load, electric vehicle (EV) and battery-energy storage system (BESS) in the home. The EV is considered as a special type of load, which can also work as an electricity generation source by discharging the power in vehicle-to-home mode during high price time. BESS and a small renewable energy source in form of rooftop photovoltaic panels give a significant contribution in the energy management of the system. As the main contribution to the literature, a mixed integer linear programming based model of home energy management system is formulated to minimize the daily cost of electricity consumption under the effect of different DR programs; such as real time price based DR program, incentive based DR program and peak power limiting DR program. Finally, total electricity prices are analysed in the case studies by including different preferences of the household consumer under mentioned DR programs. A total of 26.93 % electricity cost reduction is noticed with respect to base case, without peak limiting DR and 19.93 % electricity cost reduction is noticed with respect to base case, with peak limiting DR.


Author(s):  
Yue Zhao ◽  
Yan Chen ◽  
Brian Keel

For a household microgrid with renewable photovoltaic (PV) panel and plug-in electric vehicles (PEVs), a home energy management system (HEMS) using model predictive control (MPC) is designed to achieve optimal PEV charging and energy flow scheduling. Soft electric loads and an energy storage system (ESS) are also considered in the optimization of PEV charging in the MPC framework. The MPC is solved through a mixed-integer linear programming (MILP) by considering the relationship of energy flows in the optimization problem. Through the simulation results, the performance of optimization results under various electricity price plans is evaluated. The influences of PV capacities on the optimization results of electricity cost are also discussed.


2015 ◽  
Vol 2015 ◽  
pp. 1-19 ◽  
Author(s):  
Yanyu Zhang ◽  
Peng Zeng ◽  
Shuhui Li ◽  
Chuanzhi Zang ◽  
Hepeng Li

Demand response (DR) is an effective method to lower peak-to-average ratio of demand, facilitate the integration of renewable resources (e.g., wind and solar) and plug-in hybrid electric vehicles, and strengthen the reliability of power system. In smart grid, implementing DR through home energy management system (HEMS) in residential sector has a great significance. However, an algorithm that only optimally controls parts of HEMS rather than the overall system cannot obtain the best results. In addition, single objective optimization algorithm that minimizes electricity cost cannot quantify user’s comfort level and cannot take a tradeoff between electricity cost and comfort level conveniently. To tackle these problems, this paper proposes a framework of HEMS that consists of grid, load, renewable resource (i.e., solar resource), and battery. In this framework, a user has the ability to sell electricity to utility grid for revenue. Different comfort level indicators are proposed for different home appliances according to their characteristics and user preferences. Based on these comfort level indicators, this paper proposes a multiobjective optimization algorithm for HEMS that minimizes electricity cost and maximizes user’s comfort level simultaneously. Simulation results indicate that the algorithm can reduce user’s electricity cost significantly, ensure user’s comfort level, and take a tradeoff between the cost and comfort level conveniently.


2012 ◽  
Vol 132 (10) ◽  
pp. 695-697 ◽  
Author(s):  
Hideki HAYASHI ◽  
Yukitoki TSUKAMOTO ◽  
Shouji MOCHIZUKI

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