Abstract
The growing demand for electricity runs counter to European-level goals, which include activities aimed at sustainable development and environmental protection. In this context, efficient consumption of electricity attracts much research interest nowadays. One environment friendly solution to meet increased demand lies in the deployment of Renewable Energy Sources (RES) in the network and in mobilizing the active participation of consumers in reducing the peak of demand, thus smoothing the overall load curve. This paper addresses the issue of efficient and economical use of electricity from the Demand Side Management (DSM) perspective and presents an implementation of a fully-parameterized and explicitly constrained incentive-based demand response program The program uses the Particle Swarm Optimization algorithm and demonstrates the potential advantages of integrating RES while supporting two-way communication between energy production and consumption and two-way power exchange between the main grid and the RES.
Highlights
IntroductionPublisher’s Note: MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations
It is noteworthy that the peak of demand appears between the hours 10 a.m.–7 p.m., which may be due to increased commercial needs the two consumers are required to cover during that time
Beyond the obvious benefits afforded by the replacement of conventional power produced with Renewable Energy Sources (RES), as illustrated by the implementation, the main contribution of this work to the broader area of Demand Side Management lies in the modelling, and in the constraints that are incorporated explicitly in the implementation
Summary
Publisher’s Note: MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations. Global electricity demand is constantly growing, and conventional power systems cannot meet production demands reliably. Global population growth, which results in higher energy consumption, and climate change, which calls for fossil fuel reduction, render conventional power systems incapable of responding to such demands. Their slow response due to mechanical switches, the one-way communication between electricity generation and demand, and the low level of information processing, are some of the disadvantages these conventional power systems present [1]
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
