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| Content Provider | IET Digital Library |
|---|---|
| Author | Ismael, Islam Saeed, Mohammed Kaddah, Sahar Abdelkader, Sobhy |
| Abstract | This study presents a novel algorithm for reshaping the load demand profile of smart grid via modifying the price signal based on demand response principle. This modification in price is performed in a way that encourages customers to change their consumption pattern in order to achieve maximum saving. The proposed algorithm takes into consideration the customer willingness to participate in demand response, demand elasticity, price change limit, and comfort level of customers by determining a price signal, which maximises their saving when shifting their flexible load for certain limited hours and satisfying the daily energy consumption. The proposed method is formulated in a way, which avoids the problem of load synchronisation in which the maximum demand point is shifted to the point of lowest price. The proposed algorithm is applied to a typical benchmark of smart grid with residential, commercial, and industrial loads. The simulation results prove the success of the proposed algorithm for maximising customer saving and achieving the objective of energy management via a new consumption pattern. |
| Starting Page | 877 |
| Ending Page | 886 |
| Page Count | 10 |
| ISSN | 17521416 |
| Volume Number | 13 |
| e-ISSN | 17521424 |
| Issue Number | Issue 6, Apr (2019) |
| Alternate Webpage(s) | https://digital-library.theiet.org/content/journals/iet-rpg/13/6 |
| Alternate Webpage(s) | https://digital-library.theiet.org/content/journals/10.1049/iet-rpg.2018.5575 |
| Journal | IET Renewable Power Generation |
| Publisher Date | 2018-11-22 |
| Access Restriction | Open |
| Rights Holder | © The Institution of Engineering and Technology |
| Subject Keyword | Control of Electric Power System Customer Saving Daily Energy Consumption Demand Elasticity Demand Response Principle Demand Side Management Energy Consumption Energy Management Energy Management System Indirect Load Control Load Demand Profile Reshaping Load Regulation Load Synchronisation Maximum Demand Point Power System Control Power System Economics Power System Managemen Power System Operation Price Change Limit Price Modification Algorithm Price Signal Modification Pricing Smart Grid Smart Power Grid Synchronisation |
| Content Type | Text |
| Resource Type | Article |
| Subject | Renewable Energy, Sustainability and the Environment |
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