NDLI: Energy cost management of domestic customers in real-time electricity pricing environments

Content Provider	IEEE Xplore Digital Library
Author	Sadat Kiaee, S.M. Abyaneh, H.A. Hosseinian, S.H. Abedi, M.
Copyright Year	2013
Description	Author affiliation: Dept. of Electr. Eng., Amirkabir Univ. of Technol. (Tehran Polytech.), Tehran, Iran (Sadat Kiaee, S.M.; Abyaneh, H.A.; Hosseinian, S.H.; Abedi, M.)
Abstract	This paper addresses the problem of electricity and thermal cost management for a domestic customer who installed a combined heat and power (CHP) in his/her house. Real-time electricity prices provide consumers the opportunity to respond to the price changes and hence, reduce their electricity bills. CHP systems also provide home owners the opportunity to reduce their total energy costs. Automatic home load control systems by responding to real-time electricity prices and by controlling CHP units can help consumers to simply manage their usage profile more efficiently. This paper proposes an optimization problem for automatic home load controllers to schedule the operation period of various home appliances and to control the production of their CHP unit such that the expected energy payment is minimized. The proposed formulation is of a mixed integer linear programming (MILP) format which can be easily solved via commercially available software packages. Effectiveness of the developed formulation is demonstrated by applying to a typical house.
Starting Page	201
Ending Page	206
File Size	733759
Page Count	6
File Format	PDF
e-ISBN	9781479928033
DOI	10.1109/EEEIC-2.2013.6737908
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2013-11-01
Publisher Place	Poland
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Home appliances Real-time electricity pricing Cogeneration Electricity Home load management Load management Real-time systems Fuels Risk management
Content Type	Text
Resource Type	Article

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4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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