An energy management approach for smart-grids using intelligent storage systems

Abstract

The growing necessity of renewable energy use and the need to reduce toxic gas emissions have led to the evolution of the traditional electric power grid toward smart-grid. Information and Communication Technologies (ICTs) are key enablers for the smart-grid, they permit interactions among the computational and the physical elements of the smart-grid. ICTs provide energy management algorithms and allow renewable energy integration and energy price minimization. Given the importance of renewable energy, we propose in this article a novel agent-based energy management algorithm for smart-grids. We believe that the use of storage systems reduces the access to the grid and the consumers' bills. Simulation results show that our proposal minimizes the energy cost and reduces conventional energy utilization.