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Power demand control scenarios for smart grid applications with finite number of appliances

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  • Vardakas, John S.
  • Zorba, Nizar
  • Verikoukis, Christos V.

Abstract

In this paper we propose novel and more realistic analytical models for the determination of the peak demand under four power demand control scenarios. Each scenario considers a finite number of appliances installed in a residential area, with diverse power demands and different arrival rates of power requests. We develop recursive formulas for the efficient calculation of the peak demand under each scenario, which take into account the finite population of the appliances. Moreover, we associate each scenario with a proper real-time pricing process in order to derive the social welfare. The proposed analysis is validated through simulations. Moreover, the performance evaluation of the proposed formulas reveals that the absence of the assumption of finite number of appliances could lead to serious peak-demand over-estimations.

Suggested Citation

  • Vardakas, John S. & Zorba, Nizar & Verikoukis, Christos V., 2016. "Power demand control scenarios for smart grid applications with finite number of appliances," Applied Energy, Elsevier, vol. 162(C), pages 83-98.
  • Handle: RePEc:eee:appene:v:162:y:2016:i:c:p:83-98
    DOI: 10.1016/j.apenergy.2015.10.008
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    References listed on IDEAS

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    3. Nadeem Javaid & Fahim Ahmed & Ibrar Ullah & Samia Abid & Wadood Abdul & Atif Alamri & Ahmad S. Almogren, 2017. "Towards Cost and Comfort Based Hybrid Optimization for Residential Load Scheduling in a Smart Grid," Energies, MDPI, vol. 10(10), pages 1-27, October.
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    5. Urooj Asgher & Muhammad Babar Rasheed & Ameena Saad Al-Sumaiti & Atiq Ur-Rahman & Ihsan Ali & Amer Alzaidi & Abdullah Alamri, 2018. "Smart Energy Optimization Using Heuristic Algorithm in Smart Grid with Integration of Solar Energy Sources," Energies, MDPI, vol. 11(12), pages 1-26, December.
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