2014 IEEE Symposium on Computational Intelligence Applications in Smart Grid (CIASG) 2014
DOI: 10.1109/ciasg.2014.7011561
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An evolutionary approach for the demand side management optimization in smart grid

Abstract: An important function of a Smart Grid (SG) is the Demand Side Management (DSM), which consists on controlling loads at customers side, aiming to operate the system with major efficiency and sustainability. The main advantages of this technique are (i) the decrease of demand curve's peak, that results on smoother load profile and (ii) the reduction of both operational costs and the requirement of new investments in the system. The customer can save money by using loads on schedules with lower taxes instead of s… Show more

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Cited by 30 publications
(15 citation statements)
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References 13 publications
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“…Maximizes the consumers' payoff by improving the economic efficiency of the residential consumption [77] Maximizes the welfare of consumers [89] Maximizes consumers profit [93] PAPR reduces [95] Minimizes the operation cost [98] Reduces the consumers' electricity expenses [112] Cost and PAPR reduction Minimizes consumers' bills by up to 25% [76] Electricity bill reduction Minimizes the waiting time of the appliances [113] Minimizes consumers' electricity consumption [81] The total generation cost is minimized at the Nash equilibrium point [86] Reduces the bills by up to 22% [91] Minimizes the cost of energy [87] Electricity cost reduction Minimizes the total average cost of electricity of all consumers [114] Electricity cost reduction and stabilization of the load profile Minimizes electricity consumption of all consumers [115] Generation cost and PAPR minimization Minimizes the consumers' energy costs [62] Maximization of the overall utility Satisfies the budget limits [80] Maximization of the welfare of consumers Minimizes transmission losses [96] Maximization of the generation Maximizes the generation capacity [116] Maximization of the social welfare Minimizes the electricity costs which, in turn, maximizes the welfare [117] Maximization of the consumer profit Minimizes the consumers' electricity bills [118] Minimization of the generation cost Reduces the generation cost and demand during peak hours which flattens the demanded load profile [92] Minimization of the generation cost and demand during peak hours…”
Section: Refmentioning
confidence: 99%
See 1 more Smart Citation
“…Maximizes the consumers' payoff by improving the economic efficiency of the residential consumption [77] Maximizes the welfare of consumers [89] Maximizes consumers profit [93] PAPR reduces [95] Minimizes the operation cost [98] Reduces the consumers' electricity expenses [112] Cost and PAPR reduction Minimizes consumers' bills by up to 25% [76] Electricity bill reduction Minimizes the waiting time of the appliances [113] Minimizes consumers' electricity consumption [81] The total generation cost is minimized at the Nash equilibrium point [86] Reduces the bills by up to 22% [91] Minimizes the cost of energy [87] Electricity cost reduction Minimizes the total average cost of electricity of all consumers [114] Electricity cost reduction and stabilization of the load profile Minimizes electricity consumption of all consumers [115] Generation cost and PAPR minimization Minimizes the consumers' energy costs [62] Maximization of the overall utility Satisfies the budget limits [80] Maximization of the welfare of consumers Minimizes transmission losses [96] Maximization of the generation Maximizes the generation capacity [116] Maximization of the social welfare Minimizes the electricity costs which, in turn, maximizes the welfare [117] Maximization of the consumer profit Minimizes the consumers' electricity bills [118] Minimization of the generation cost Reduces the generation cost and demand during peak hours which flattens the demanded load profile [92] Minimization of the generation cost and demand during peak hours…”
Section: Refmentioning
confidence: 99%
“…If the consumers agree with the schedular contracts, then they are rewarded in two different ways, i.e., either the aggregator will serve the consumers with electricity consumption at a lower price or they will be awarded an extra amount of energy during off-peak hours. An evolutionary algorithm based on day ahead DSM was proposed by the author of [118]. The objective of the proposed framework is to shave the demand during peak hours and to minimize the generation cost.…”
Section: Cost Minimization Using the Game Theoretic Approachmentioning
confidence: 99%
“…The target curve has been designed in (3) such that it is inversely proportional to the electricity market prices so that utility bill may be reduced [27] Targetfalse(tfalse)=)(CmCmax×)(1Cfalse(tfalse)×t=1N=24Forecasted(t). Here, Cm is the average of the prices during the period, Cmax is the maximum price of the period and Forecastedfalse(tfalse) is the forecasted load consumption at time t . The data for hourly forecasted load and wholesale price are given in Table 1.…”
Section: Mathematical Formulationmentioning
confidence: 99%
“…Los siguientes artículos revisados utilizan métodos metaheurísticos: 1) En Vidal et al (2014) se optó por un algoritmo evolutivo al tener que trabajar con varios tipos de cargas de características de consumo diferentes propagadas a través del tiempo. Debido a la naturaleza de las cargas los autores consideraron que la programación lineal o la dinámica no eran apropiadas, además el algoritmo evolutivo permite cierta flexibilidad en el modelo y la priorización de cargas.…”
Section: Introductionunclassified