Smart Energy Management for Unlocking Demand Response in the Residential Sector
Xiangping Chen, Kui Weng, Fanlin Meng, Monjur M. Mourshed
Abstract
Open-access reader
Xiangping Chen, Kui Weng, Fanlin Meng, Monjur M. Mourshed
Abstract
Open-access reader
This paper presents a smart energy management system for unlocking demand response in the UK residential sector. The approach comprises the estimation of one-hour energy demand and PV generation (supply) for scheduling the 24-h ahead demand profiles by shifting potential flexible loads. Real-time electrical demand is met by combining power supplies from PV, grid and batteries while minimizing consumer’s cost of energy. The results show that the peak-to-average ratio is reduced by 22.9% with the cost saving of 34.6% for the selected day.
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This paper presents a smart energy management system for unlocking demand response in the UK residential sector. The approach comprises the estimation of one-hour energy demand and PV generation (supply) for scheduling the 24-h ahead demand profiles by shifting potential flexible loads. Real-time electrical demand is met by combining power supplies from PV, grid and batteries while minimizing consumer’s cost of energy. The results show that the peak-to-average ratio is reduced by 22.9% with the cost saving of 34.6% for the selected day.
Key concepts: Demand response, Smart grid, Peak demand, Load management, Energy management, Load shifting, Environmental economics, Demand management