48,278 research outputs found
Demand-Response Based Energy Advisor for Household Energy Management
Home energy management systems (HEMS) are set to play a key role in the future smart grid (SG). HEMS concept enables residential customers to actively participate in demand response programs (DR) to control their energy usage, reduce peak demand and therefore contribute to improve the performance and reliability of the grid. The aim of this paper is to propose an energy management strategy for residential end-consumers. In this framework, a demand response strategy is developed to reduce home energy consumption. The proposed algorithm seeks to minimise peak demand by scheduling household appliances operation and shifting controllable loads during peak hours, when electricity prices are high, to off-peak periods, when electricity prices are lower without affecting the customer’s preferences. The overall system is simulated using MATLAB/Simulink and the results demonstrate the effectiveness of the proposed control strategy in managing the daily household energy consumption.Peer reviewe
Demand Response Strategy Based on Reinforcement Learning and Fuzzy Reasoning for Home Energy Management
As energy demand continues to increase, demand response (DR) programs in the electricity distribution grid are gaining momentum and their adoption is set to grow gradually over the years ahead. Demand response schemes seek to incentivise consumers to use green energy and reduce their electricity usage during peak periods which helps support grid balancing of supply-demand and generate revenue by selling surplus of energy back to the grid. This paper proposes an effective energy management system for residential demand response using Reinforcement Learning (RL) and Fuzzy Reasoning (FR). RL is considered as a model-free control strategy which learns from the interaction with its environment by performing actions and evaluating the results. The proposed algorithm considers human preference by directly integrating user feedback into its control logic using fuzzy reasoning as reward functions. Q-learning, a RL strategy based on a reward mechanism, is used to make optimal decisions to schedule the operation of smart home appliances by shifting controllable appliances from peak periods, when electricity prices are high, to off-peak hours, when electricity prices are lower without affecting the customer’s preferences. The proposed approach works with a single agent to control 14 household appliances and uses a reduced number of state-action pairs and fuzzy logic for rewards functions to evaluate an action taken for a certain state. The simulation results show that the proposed appliances scheduling approach can smooth the power consumption profile and minimise the electricity cost while considering user’s preferences, user’s feedbacks on each action taken and his/her preference settings. A user-interface is developed in MATLAB/Simulink for the Home Energy Management System (HEMS) to demonstrate the proposed DR scheme. The simulation tool includes features such as smart appliances, electricity pricing signals, smart meters, solar photovoltaic generation, battery energy storage, electric vehicle and grid supply.Peer reviewe
A novel incentive-based demand response model for Cournot competition in electricity markets
This paper presents an analysis of competition between generators when
incentive-based demand response is employed in an electricity market. Thermal
and hydropower generation are considered in the model. A smooth inverse demand
function is designed using a sigmoid and two linear functions for modeling the
consumer preferences under incentive-based demand response program. Generators
compete to sell energy bilaterally to consumers and system operator provides
transmission and arbitrage services. The profit of each agent is posed as an
optimization problem, then the competition result is found by solving
simultaneously Karush-Kuhn-Tucker conditions for all generators. A Nash-Cournot
equilibrium is found when the system operates normally and at peak demand times
when DR is required. Under this model, results show that DR diminishes the
energy consumption at peak periods, shifts the power requirement to off-peak
times and improves the net consumer surplus due to incentives received for
participating in DR program. However, the generators decrease their profit due
to the reduction of traded energy and market prices
Transforming Energy Networks via Peer to Peer Energy Trading: Potential of Game Theoretic Approaches
Peer-to-peer (P2P) energy trading has emerged as a next-generation energy
management mechanism for the smart grid that enables each prosumer of the
network to participate in energy trading with one another and the grid. This
poses a significant challenge in terms of modeling the decision-making process
of each participant with conflicting interest and motivating prosumers to
participate in energy trading and to cooperate, if necessary, for achieving
different energy management goals. Therefore, such decision-making process
needs to be built on solid mathematical and signal processing tools that can
ensure an efficient operation of the smart grid. This paper provides an
overview of the use of game theoretic approaches for P2P energy trading as a
feasible and effective means of energy management. As such, we discuss various
games and auction theoretic approaches by following a systematic classification
to provide information on the importance of game theory for smart energy
research. Then, the paper focuses on the P2P energy trading describing its key
features and giving an introduction to an existing P2P testbed. Further, the
paper zooms into the detail of some specific game and auction theoretic models
that have recently been used in P2P energy trading and discusses some important
finding of these schemes.Comment: 38 pages, single column, double spac
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