Utility pricing scheme.

<div><p>Demand response-based load scheduling in smart power grids is currently one of the most important topics in energy optimization. There are several benefits to utility companies and their customers from this strategy. The main goal of this work is to employ a load scheduling contr...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Hisham Alghamdi (20114096) (author)
مؤلفون آخرون: Lyu-Guang Hua (17811102) (author), Ghulam Hafeez (20114099) (author), Sadia Murawwat (20114102) (author), Imen Bouazzi (17811105) (author), Baheej Alghamdi (20114105) (author)
منشور في: 2024
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_version_ 1852025411430514688
author Hisham Alghamdi (20114096)
author2 Lyu-Guang Hua (17811102)
Ghulam Hafeez (20114099)
Sadia Murawwat (20114102)
Imen Bouazzi (17811105)
Baheej Alghamdi (20114105)
author2_role author
author
author
author
author
author_facet Hisham Alghamdi (20114096)
Lyu-Guang Hua (17811102)
Ghulam Hafeez (20114099)
Sadia Murawwat (20114102)
Imen Bouazzi (17811105)
Baheej Alghamdi (20114105)
author_role author
dc.creator.none.fl_str_mv Hisham Alghamdi (20114096)
Lyu-Guang Hua (17811102)
Ghulam Hafeez (20114099)
Sadia Murawwat (20114102)
Imen Bouazzi (17811105)
Baheej Alghamdi (20114105)
dc.date.none.fl_str_mv 2024-11-05T18:25:45Z
dc.identifier.none.fl_str_mv 10.1371/journal.pone.0307228.g002
dc.relation.none.fl_str_mv https://figshare.com/articles/figure/Utility_pricing_scheme_/27614789
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Pharmacology
Biotechnology
Ecology
Science Policy
Plant Biology
Biological Sciences not elsewhere classified
Mathematical Sciences not elsewhere classified
Information Systems not elsewhere classified
smart power grids
reducing power costs
primary problems faced
preserving customer satisfaction
inclined block tariff
every appliance runs
load scheduling simulation
load scheduling controller
based load scheduling
power price uncertainties
intermittent renewable energy
implementing demand response
home appliances based
average demand ratios
whale optimization algorithm
optimal adaptive wind
oawdo works better
fly optimization algorithm
varying price system
energy optimization
varying price
scheduling issue
price hours
oawdo algorithm
genetic algorithm
driven optimization
varying pricing
household appliances
appliances run
woa ),
utility companies
storage battery
several benefits
results indicate
rebound peaks
oawdo technique
minimize peak
manage supply
important topics
ideal schedule
grid constraints
ga ),
ffoa ),
electricity bills
currently one
could result
dc.title.none.fl_str_mv Utility pricing scheme.
dc.type.none.fl_str_mv Image
Figure
info:eu-repo/semantics/publishedVersion
image
description <div><p>Demand response-based load scheduling in smart power grids is currently one of the most important topics in energy optimization. There are several benefits to utility companies and their customers from this strategy. The main goal of this work is to employ a load scheduling controller (LSC) to model and solve the scheduling issue for household appliances. The LSC offers a solution to the primary problems faced during implementing demand response. The goal is to minimize peak-to-average demand ratios (PADR) and electricity bills while preserving customer satisfaction. Time-varying pricing, intermittent renewable energy, domestic appliance energy demand, storage battery, and grid constraints are all incorporated into the model. The optimal adaptive wind-driven optimization (OAWDO) method is a stochastic optimization technique designed to manage supply, demand, and power price uncertainties. LSC creates the ideal schedule for home appliance running periods using the OAWDO algorithm. This guarantees that every appliance runs as economically as possible on its own. Most appliances run the risk of functioning during low-price hours if just the real time-varying price system is used, which could result in rebound peaks. We combine an inclined block tariff with a real-time-varying price to alleviate this problem. MATLAB is used to do a load scheduling simulation for home appliances based on the OAWDO algorithm. By contrasting it with other algorithms, including the genetic algorithm (GA), the whale optimization algorithm (WOA), the fire-fly optimization algorithm (FFOA), and the wind-driven optimization (WDO) algorithms, the effectiveness of the OAWDO technique is supported. Results indicate that OAWDO works better than current algorithms in terms of reducing power costs, PADR, and rebound peak formation without sacrificing user comfort.</p></div>
eu_rights_str_mv openAccess
id Manara_d44dfc97798a5ddaf4e35f03bef31bf7
identifier_str_mv 10.1371/journal.pone.0307228.g002
network_acronym_str Manara
network_name_str ManaraRepo
oai_identifier_str oai:figshare.com:article/27614789
publishDate 2024
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
rights_invalid_str_mv CC BY 4.0
spelling Utility pricing scheme.Hisham Alghamdi (20114096)Lyu-Guang Hua (17811102)Ghulam Hafeez (20114099)Sadia Murawwat (20114102)Imen Bouazzi (17811105)Baheej Alghamdi (20114105)PharmacologyBiotechnologyEcologyScience PolicyPlant BiologyBiological Sciences not elsewhere classifiedMathematical Sciences not elsewhere classifiedInformation Systems not elsewhere classifiedsmart power gridsreducing power costsprimary problems facedpreserving customer satisfactioninclined block tariffevery appliance runsload scheduling simulationload scheduling controllerbased load schedulingpower price uncertaintiesintermittent renewable energyimplementing demand responsehome appliances basedaverage demand ratioswhale optimization algorithmoptimal adaptive windoawdo works betterfly optimization algorithmvarying price systemenergy optimizationvarying pricescheduling issueprice hoursoawdo algorithmgenetic algorithmdriven optimizationvarying pricinghousehold appliancesappliances runwoa ),utility companiesstorage batteryseveral benefitsresults indicaterebound peaksoawdo techniqueminimize peakmanage supplyimportant topicsideal schedulegrid constraintsga ),ffoa ),electricity billscurrently onecould result<div><p>Demand response-based load scheduling in smart power grids is currently one of the most important topics in energy optimization. There are several benefits to utility companies and their customers from this strategy. The main goal of this work is to employ a load scheduling controller (LSC) to model and solve the scheduling issue for household appliances. The LSC offers a solution to the primary problems faced during implementing demand response. The goal is to minimize peak-to-average demand ratios (PADR) and electricity bills while preserving customer satisfaction. Time-varying pricing, intermittent renewable energy, domestic appliance energy demand, storage battery, and grid constraints are all incorporated into the model. The optimal adaptive wind-driven optimization (OAWDO) method is a stochastic optimization technique designed to manage supply, demand, and power price uncertainties. LSC creates the ideal schedule for home appliance running periods using the OAWDO algorithm. This guarantees that every appliance runs as economically as possible on its own. Most appliances run the risk of functioning during low-price hours if just the real time-varying price system is used, which could result in rebound peaks. We combine an inclined block tariff with a real-time-varying price to alleviate this problem. MATLAB is used to do a load scheduling simulation for home appliances based on the OAWDO algorithm. By contrasting it with other algorithms, including the genetic algorithm (GA), the whale optimization algorithm (WOA), the fire-fly optimization algorithm (FFOA), and the wind-driven optimization (WDO) algorithms, the effectiveness of the OAWDO technique is supported. Results indicate that OAWDO works better than current algorithms in terms of reducing power costs, PADR, and rebound peak formation without sacrificing user comfort.</p></div>2024-11-05T18:25:45ZImageFigureinfo:eu-repo/semantics/publishedVersionimage10.1371/journal.pone.0307228.g002https://figshare.com/articles/figure/Utility_pricing_scheme_/27614789CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/276147892024-11-05T18:25:45Z
spellingShingle Utility pricing scheme.
Hisham Alghamdi (20114096)
Pharmacology
Biotechnology
Ecology
Science Policy
Plant Biology
Biological Sciences not elsewhere classified
Mathematical Sciences not elsewhere classified
Information Systems not elsewhere classified
smart power grids
reducing power costs
primary problems faced
preserving customer satisfaction
inclined block tariff
every appliance runs
load scheduling simulation
load scheduling controller
based load scheduling
power price uncertainties
intermittent renewable energy
implementing demand response
home appliances based
average demand ratios
whale optimization algorithm
optimal adaptive wind
oawdo works better
fly optimization algorithm
varying price system
energy optimization
varying price
scheduling issue
price hours
oawdo algorithm
genetic algorithm
driven optimization
varying pricing
household appliances
appliances run
woa ),
utility companies
storage battery
several benefits
results indicate
rebound peaks
oawdo technique
minimize peak
manage supply
important topics
ideal schedule
grid constraints
ga ),
ffoa ),
electricity bills
currently one
could result
status_str publishedVersion
title Utility pricing scheme.
title_full Utility pricing scheme.
title_fullStr Utility pricing scheme.
title_full_unstemmed Utility pricing scheme.
title_short Utility pricing scheme.
title_sort Utility pricing scheme.
topic Pharmacology
Biotechnology
Ecology
Science Policy
Plant Biology
Biological Sciences not elsewhere classified
Mathematical Sciences not elsewhere classified
Information Systems not elsewhere classified
smart power grids
reducing power costs
primary problems faced
preserving customer satisfaction
inclined block tariff
every appliance runs
load scheduling simulation
load scheduling controller
based load scheduling
power price uncertainties
intermittent renewable energy
implementing demand response
home appliances based
average demand ratios
whale optimization algorithm
optimal adaptive wind
oawdo works better
fly optimization algorithm
varying price system
energy optimization
varying price
scheduling issue
price hours
oawdo algorithm
genetic algorithm
driven optimization
varying pricing
household appliances
appliances run
woa ),
utility companies
storage battery
several benefits
results indicate
rebound peaks
oawdo technique
minimize peak
manage supply
important topics
ideal schedule
grid constraints
ga ),
ffoa ),
electricity bills
currently one
could result