NDLI: An Incentive-Based Implementation of Demand Side Management in Power Systems

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An Incentive-Based Implementation of Demand Side Management in Power Systems

Content Provider	MDPI
Author	Laitsos, Vasileios M. Bargiotas, Dimitrios Daskalopulu, Aspassia Arvanitidis, Athanasios Ioannis Tsoukalas, Lefteri H.
Copyright Year	2021
Description	The growing demand for electricity runs counter to European-level goals, which include activities aimed at sustainable development and environmental protection. In this context, efficient consumption of electricity attracts much research interest nowadays. One environment friendly solution to meet increased demand lies in the deployment of Renewable Energy Sources (RES) in the network and in mobilizing the active participation of consumers in reducing the peak of demand, thus smoothing the overall load curve. This paper addresses the issue of efficient and economical use of electricity from the Demand Side Management (DSM) perspective and presents an implementation of a fully-parameterized and explicitly constrained incentive-based demand response program The program uses the Particle Swarm Optimization algorithm and demonstrates the potential advantages of integrating RES while supporting two-way communication between energy production and consumption and two-way power exchange between the main grid and the RES.
Starting Page	7994
e-ISSN	19961073
DOI	10.3390/en14237994
Journal	Energies
Issue Number	23
Volume Number	14
Language	English
Publisher	MDPI
Publisher Date	2021-11-30
Access Restriction	Open
Subject Keyword	Energies Industrial Engineering Information and Library Science Demand Side Management Demand Response Smart Grid Energy System Particle Swarm Optimization Energy Efficiency
Content Type	Text
Resource Type	Article

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