2012
DOI: 10.1109/mce.2011.2172084
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Selling the Smart Grid—Part 1: Why Consumers Must Buy In for the Smart Grid to Succeed

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Cited by 11 publications
(7 citation statements)
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“…A smart grid consists of many different state-of-the art information and communication technology (ICT) and sensory devices and offers a wide range of advantages to both the utilities and the customers, which are, for example [29][30][31][32][33][34][35], Lowering the utility bills; Reduction of the peak demand; Economic and job growth; Integration of more renewable energy resources; Self-governing control, which increases the system reliability; Enhancing capacity and efficiency; Enhanced resilience against malicious attacks; Integration of different types of energy storages including plug-in electric vehicles; The communication between the service provider and customers is two-way; Improved market efficiency; Better power quality and reliability; Better utilization of facilities and deferring building of new power stations; Empower predictive maintenance and self-curing; Accommodate of decentralized power generations; Automated maintenance and operation; Reduce GHG emission; Several varieties for consumer; Providing opportunities for new services, products and markets. The features of the SG which individuates itself from conventional grids, are the sophisticated devices that it uses and the services that it provides in return which are unattainable in conventional grid systems [28].…”
Section: Features and Advantages Of Smart Gridmentioning
confidence: 99%
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“…A smart grid consists of many different state-of-the art information and communication technology (ICT) and sensory devices and offers a wide range of advantages to both the utilities and the customers, which are, for example [29][30][31][32][33][34][35], Lowering the utility bills; Reduction of the peak demand; Economic and job growth; Integration of more renewable energy resources; Self-governing control, which increases the system reliability; Enhancing capacity and efficiency; Enhanced resilience against malicious attacks; Integration of different types of energy storages including plug-in electric vehicles; The communication between the service provider and customers is two-way; Improved market efficiency; Better power quality and reliability; Better utilization of facilities and deferring building of new power stations; Empower predictive maintenance and self-curing; Accommodate of decentralized power generations; Automated maintenance and operation; Reduce GHG emission; Several varieties for consumer; Providing opportunities for new services, products and markets. The features of the SG which individuates itself from conventional grids, are the sophisticated devices that it uses and the services that it provides in return which are unattainable in conventional grid systems [28].…”
Section: Features and Advantages Of Smart Gridmentioning
confidence: 99%
“…The objectives of the smart management unit include efficiency improvement, operation cost reduction, balance between generation and load, and control the gas emissions. Several researchers have proposed different techniques based on optimization, machine learning, game theory, and auction theory in order to meet the objectives of the smart management unit [29].…”
Section: Smart Management Unitmentioning
confidence: 99%
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“…Developing an optimal model of a home energy management system (HEMS) has recently received many attentions in the literature. It is evident from past studies that consumers are interested in saving money through time-of-use pricing and price signals [6]. In response to this attention, demand response (DR) became a real option.…”
Section: B Literature Review and Backgroundmentioning
confidence: 99%
“…In (6), E Critical t represents the sum of critical loads that are non-controllable, and subsequently, it does not depend on the implemented DR strategies. E Control t denotes the amount of controllable load (continuously controllable and shiftable loads) participating in DR programs.…”
Section: ) System and Battery Related Constraintsmentioning
confidence: 99%