Abstract
This paper proposes a real time price based optimal scheduling mechanism for centralized air conditioning load. In residential context, air conditioners are the main reason for peak load in summers. The proposed mechanism aims to determine optimal operation of air conditioner such that it results in reduction in consumer's electricity bills. Mixed Integer Programming technique is used for obtaining optimal schedule. The results obtained are compared with a previously established Linear Sequential Algorithm for evaluating the effectiveness of the scheme. The results show that Mixed Integer Programming technique provides higher reduction in electricity bill as compared to Linear Sequential technique.
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