Linear triangular optimization technique and pricing scheme in residential energy management systems

This paper presents a new linear optimization algorithm for power scheduling of electric appliances. The proposed system is applied in a smart home community, in which community controller acts as a virtual distribution company for the end consumers. We also present a pricing scheme between communit...

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Bibliographic Details
Main Authors: Amir Anees, Iqtadar Hussain, Ali Hussain AlKhaldi, Muhammad Aslam
Format: Article
Language:English
Published: Elsevier 2018-06-01
Series:Results in Physics
Online Access:http://www.sciencedirect.com/science/article/pii/S2211379718302948
Description
Summary:This paper presents a new linear optimization algorithm for power scheduling of electric appliances. The proposed system is applied in a smart home community, in which community controller acts as a virtual distribution company for the end consumers. We also present a pricing scheme between community controller and its residential users based on real-time pricing and likely block rates. The results of the proposed optimization algorithm demonstrate that by applying the anticipated technique, not only end users can minimise the consumption cost, but it can also reduce the power peak to an average ratio which will be beneficial for the utilities as well. Keywords: Smart home community, Power scheduler, Real time pricing, Linear optimization
ISSN:2211-3797