Optimised Residential Loads Scheduling Based on Dynamic Pricing of Electricity : A Simulation Study

This paper presents a simulation study which addresses Demand Side Management (DSM) via scheduling and optimization of a set of residential smart appliances under day-ahead variable pricing with the aim of minimizing the customer’s energy bill. The appliances’ operation and the overall model are subject to the manufacturer and user specific constraints formulated as a constrained linear programming problem. The overall model is simulated using MATLAB and SIMULINK / SimPowerSystems basic blocks. The results comparing Real Time Pricing (RTP) and the Fixed Time Tariff (FTT) demonstrate that optimal scheduling of the residential smart appliances can potentially result in energy cost savings. The extension of the model to incorporate renewable energy resources and storage system is also discussedNon peer reviewedFinal Accepted Versio

Network-constrained models of liberalized electricity markets: the devil is in the details

Numerical models for electricity markets are frequently used to inform and support decisions. How robust are the results? Three research groups used the same, realistic data set for generators, demand and transmission network as input for their numerical models. The results coincide when predicting competitive market results. In the strategic case in which large generators can exercise market power, the predicted prices differed significantly. The results are highly sensitive to assumptions about market design, timing of the market and assumptions about constraints on the rationality of generators. Given the same assumptions the results coincide. We provide a checklist for users to understand the implications of different modelling assumptions

Intelligent Energy Optimization for User Intelligible Goals in Smart Home Environments

Intelligent management of energy consumption is one of the key issues for future energy distribution systems, smart buildings, and consumer appliances. The problem can be tackled both from the point of view of the utility provider, with the intelligence embedded in the smart grid, or from the point of view of the consumer, thanks to suitable local energy management systems (EMS). Conserving energy, however, should respect the user requirements regarding the desired state of the environment, therefore an EMS should constantly and intelligently find the balance between user requirements and energy saving. The paper proposes a solution to this problem, based on explicit high-level modeling of user intentions and automatic control of device states through the solution and optimization of a constrained Boolean satisfiability problem. The proposed approach has been integrated into a smart environment framework, and promising preliminary results are reporte