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Day Ahead Real Time Pricing and Critical Peak Pricing Based Power Scheduling for Smart Homes with Different Duty Cycles

Author

Listed:
  • Nadeem Javaid

    (Department of Computer Science, COMSATS University Islamabad, Islamabad 44000, Pakistan)

  • Adnan Ahmed

    (Department of Computer Science, COMSATS University Islamabad, Islamabad 44000, Pakistan)

  • Sohail Iqbal

    (School of Electrical Engineering and Computer Science, National University of Sciences and Technology, Islamabad 44000, Pakistan)

  • Mahmood Ashraf

    (Department of Computer Science, Federal Urdu University of Arts, Science and Technology, Islamabad 44000, Pakistan)

Abstract

In this paper, we propose a demand side management (DSM) scheme in the residential area for electricity cost and peak to average ratio (PAR) alleviation with maximum users’ satisfaction. For this purpose, we implement state-of-the-art algorithms: enhanced differential evolution (EDE) and teacher learning-based optimization (TLBO). Furthermore, we propose a hybrid technique (HT) having the best features of both aforementioned algorithms. We consider a system model for single smart home as well as for a community (multiple homes) and each home consists of multiple appliances with different priorities. The priority is assigned (to each appliance) by electricity consumers and then the proposed scheme finds an optimal solution according to the assigned priorities. Day-ahead real time pricing (DA-RTP) and critical peak pricing (CPP) are used for electricity cost calculation. To validate our proposed scheme, simulations are carried out and results show that our proposed scheme efficiently achieves the aforementioned objectives. However, when we perform a comparison with existing schemes, HT outperforms other state-of-the-art schemes (TLBO and EDE) in terms of electricity cost and PAR reduction while minimizing the average waiting time.

Suggested Citation

  • Nadeem Javaid & Adnan Ahmed & Sohail Iqbal & Mahmood Ashraf, 2018. "Day Ahead Real Time Pricing and Critical Peak Pricing Based Power Scheduling for Smart Homes with Different Duty Cycles," Energies, MDPI, vol. 11(6), pages 1-28, June.
    • Handle: RePEc:gam:jeners:v:11:y:2018:i:6:p:1464-:d:150881
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    References listed on IDEAS

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    Cited by:

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    2. Khuram Shahzad & Sohail Iqbal & Hamid Mukhtar, 2021. "Optimal Fuzzy Energy Trading System in a Fog-Enabled Smart Grid," Energies, MDPI, vol. 14(4), pages 1-16, February.
    3. Ibrahim Alotaibi & Mohammed A. Abido & Muhammad Khalid & Andrey V. Savkin, 2020. "A Comprehensive Review of Recent Advances in Smart Grids: A Sustainable Future with Renewable Energy Resources," Energies, MDPI, vol. 13(23), pages 1-41, November.
    4. Waqas Ahmad & Nasir Ayub & Tariq Ali & Muhammad Irfan & Muhammad Awais & Muhammad Shiraz & Adam Glowacz, 2020. "Towards Short Term Electricity Load Forecasting Using Improved Support Vector Machine and Extreme Learning Machine," Energies, MDPI, vol. 13(11), pages 1-17, June.
    5. Herie Park, 2020. "Human Comfort-Based-Home Energy Management for Demand Response Participation," Energies, MDPI, vol. 13(10), pages 1-15, May.
    6. Muhammad Saidu Aliero & Muhammad Asif & Imran Ghani & Muhammad Fermi Pasha & Seung Ryul Jeong, 2022. "Systematic Review Analysis on Smart Building: Challenges and Opportunities," Sustainability, MDPI, vol. 14(5), pages 1-28, March.
    7. Gržanić, M. & Capuder, T. & Zhang, N. & Huang, W., 2022. "Prosumers as active market participants: A systematic review of evolution of opportunities, models and challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 154(C).
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