Smart Energy Management for Unlocking Demand Response in the Residential Sector
This paper presents a smart energy management system for unlocking demand response in the UK residential sector. The approach comprises the estimation of one-hour energy demand and PV generation (supply) for scheduling the 24-h ahead demand profiles by shifting potential flexible loads. Real-time el...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2018-08-01
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Series: | Proceedings |
Subjects: | |
Online Access: | http://www.mdpi.com/2504-3900/2/15/1136 |
Summary: | This paper presents a smart energy management system for unlocking demand response in the UK residential sector. The approach comprises the estimation of one-hour energy demand and PV generation (supply) for scheduling the 24-h ahead demand profiles by shifting potential flexible loads. Real-time electrical demand is met by combining power supplies from PV, grid and batteries while minimizing consumer’s cost of energy. The results show that the peak-to-average ratio is reduced by 22.9% with the cost saving of 34.6% for the selected day. |
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ISSN: | 2504-3900 |