Optimal Energy Consumption Scheduler Considering Real-Time Pricing Scheme for Energy Optimization in Smart Microgrid

Abstract

Energy consumption schedulers have been widely adopted for energy management in smart microgrids. Energy management aims to alleviate energy expenses and peak-to-average ratio (PAR) without compromising user comfort. This work proposes an energy consumption scheduler using heuristic optimization algorithms: Binary Particle Swarm Optimization (BPSO), Wind Driven Optimization (WDO), Genetic Algorithm (GA), Differential Evolution (DE), and Enhanced DE (EDE). The energy consumption scheduler based on these algorithms under a price-based demand response program creates a schedule of home appliances. Based on the energy consumption behavior, appliances within the home are classified as interruptible, noninterruptible, and hybrid loads, considered as scenario-I, scenario-II, and scenario-III, respectively. The developed model based on optimization algorithms is the more appropriate solution to achieve the desired objectives. Simulation results show that the expense and PAR of schedule power usage in each scenario are less compared to the without-scheduling case.