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Designing a price and incentive-based mathematical model for load management in smart residential buildings
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Hossein Talebi   , Aliyeh Kazemi * , Hamed Shakouri G. |
| University of Tehran |
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Abstract: (2911 Views) |
One of the major issues faced by both developed and developing nations is rising energy consumption. Consumers can be motivated to consume energy more efficiently through the management of demand, which involves using incentives and price restrictions. One of the solutions that can be applied in the residential sector for consumption management is the use of new technologies and the creation of smart buildings. In this research, by examining the existing theoretical foundations in the field of demand-side management (DSM) and smart buildings, a new model has been developed to help the consumer and the producer of electric energy to the desired goals, including reducing the cost of electricity, reducing peak consumption, and increasing consumers' welfare. The designed model is a multi-objective mathematical model, and one of its features compared to previously proposed models is the combination of incentive-based programs (emergency demand response program) and price-based programs (time-of-use) of load response programs simultaneously. The results show that with the implementation of the proposed model, 34% of the peak electric load and approximately 20% of the consumers’ costs will be reduced. |
Article number: 2 |
| Keywords: Demand side management, Load management, Smart building, Emergency demand response program, Time of use |
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Full-Text [PDF 1902 kb]
(120 Downloads)
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Type of Study: Research |
Subject:
Special
Received: 2021/01/15 | Accepted: 2021/07/16 | Published: 2022/10/29
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