Abstract

We proposed the concept of Energy on Demand (EoD) system as novel smart demand-side energy management scheme to realize efficient and versatile control of e-power flows among decentralized energy generation, storage devices and appliances in homes, offices, factories, and neighboring communities. This paper proposes a real-time power supply and demand meditation algorithm based on EoD system. The novelty of our proposed method rests in (i) power allocation based on appliance dynamic priority model (ii) power supply from multiple power sources based on their capacity limitations i.e., load factor profile (iii) multi agent real-time mediation algorithm for efficient management of power.

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