2021
DOI: 10.1002/er.6857
|View full text |Cite
|
Sign up to set email alerts
|

A generalized economic model for optimally selecting forecasted load profiles for measuring demand response in residential energy management system

Abstract: Summary To forecast the demand response of a residential customer, forecasted load profiles must first be calculated and the demand response produced by residential energy management devices determined. Finding an efficient method to select an optimal forecasted load profile to assess the demand response of these devices is a fundamental issue currently overlooked. Poorly forecasted load profiles can affect customer compensation for demand reduction, estimation of retail profits and allocation and reconciliati… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1

Citation Types

0
1
0

Year Published

2022
2022
2022
2022

Publication Types

Select...
1

Relationship

0
1

Authors

Journals

citations
Cited by 1 publication
(1 citation statement)
references
References 50 publications
0
1
0
Order By: Relevance
“…Residential load monitoring and providing real and direct feedback on the amount of electrical equipment consumption in buildings to consumers can have high potential in various beneficial applications such as awareness of energy consumption and conservation, controllable load quantitative assessment, providing accurate planning of energy consumption, and, finally, leading to minimizing the mismanagement of energy consumption [10,11]. This can also facilitate interactions between energy users and producers through load management programs, so that energy producers will be able to formulate energy saving policies for the use of individual appliances and consumers, based on the feedback from the producers, will be consciously able to do saving options [12,13]. A customer's awareness of the mean consumption of each of their household electrical appliances (HEAs) enables them to save on the use of inefficient appliances and be able to control their consumption at peak hours to avoid penalties.…”
Section: Introductionmentioning
confidence: 99%
“…Residential load monitoring and providing real and direct feedback on the amount of electrical equipment consumption in buildings to consumers can have high potential in various beneficial applications such as awareness of energy consumption and conservation, controllable load quantitative assessment, providing accurate planning of energy consumption, and, finally, leading to minimizing the mismanagement of energy consumption [10,11]. This can also facilitate interactions between energy users and producers through load management programs, so that energy producers will be able to formulate energy saving policies for the use of individual appliances and consumers, based on the feedback from the producers, will be consciously able to do saving options [12,13]. A customer's awareness of the mean consumption of each of their household electrical appliances (HEAs) enables them to save on the use of inefficient appliances and be able to control their consumption at peak hours to avoid penalties.…”
Section: Introductionmentioning
confidence: 99%