Abstract

In this paper, two intelligent strategies for energy management unit for a home integrated with smart grid are proposed. The strategies are based on classical Boolean and genetic algorithm (GA). The objective is to optimize the cost saving for the end consumer. The price of energy varies by the hour depending on the load on the grid. The two strategies predict when and by how much the storage unit installed in the house should charge and release for 24 h of the day, satisfying the constraint that the load demand of the house at any particular hour should always be met. The strategies were tested by real time data collected by the Department of Energy for a typical house in the Chicago, Illinois region for the year 2013. Both the strategies achieve cost savings; however, it has been found that GA-based strategy results in higher cost saving. The impact of the capacity of the energy storage unit (ESU) on the cost saving has been analyzed for a GA strategy and cost saving obtained when the capacity of ESU is 1.5 times and 2 times the house hold load at any given hour is presented.

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