First time real time incentive demand response program in smart grid with “i-Energy” management system with different resources

Abstract

Integration of different energy resources at the customers’ premises in recent years, advances in Information and Communication Technologies (ICTs), and Advanced Metering Infrastructure (AMI) systems are becoming attractive tools for developing new real time demand response at the supplier side and the management of energy resources at the customers’ side. The management programs can be classified as; smart grid management from the supplier side and intelligent Energy, ‘‘i-Energy”, from the consumer energy management side. There are two types of programs; (i) time based program like real time pricing and (ii) incentive based demand response. A combination of these two programs is proposed in this paper with the merged program to be real time with incentive demand response. The time based demand response programs can be improved by using smart metering infrastructure and different resources. The incentive demand comes from the feasibility of providing new concept known as ‘i-energy’ at the customers’ sides. To achieve this, Smart Meters (SMs) and different resources at the customers’ premises using this concept are applied. By integrating different resources at the customers’ premises, using the i-energy concept, can change the limitation given in the time based program. The first developed program at the supplier side depends on purchasing MW from the customers who participate in the program. The second contribution is the ‘‘i-Energy” management technique at the customers’ side that is based on congestion and potential games through strategy of load control using different resources. Revenue for different participants in the program from the commercial and industrial sectors, at different levels of reduction and different usage of different resources, is discussed.