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http://bura.brunel.ac.uk/handle/2438/26260| Title: | A Comprehensive Demand Response Strategy Considering Household Comfort and Economy |
| Authors: | Sun, X Lai, CS Li, Z Yuan, H Lai, LL Li, Z |
| Keywords: | demand response;utility function;utility function;incentive;residential consumption behavior |
| Issue Date: | 19-Dec-2022 |
| Publisher: | Institute of Electrical and Electronics Engineers (IEEE) |
| Citation: | Sun, X. et al. (2022) 'A Comprehensive Demand Response Strategy Considering Household Comfort and Economy', IEEE 19th International Conference on Smart Communities: Improving Quality of Life Using ICT, IoT and AI, HONET 2022, Marietta, GA, USA, 19-21 December, pp. 28 - 33. doi: 10.1109/HONET56683.2022.10019220. |
| Abstract: | With the emerging smart grid technology, communication between residential customers and load aggregator (LA) is becoming more common which facilitates the implementation of incentive-based demand response (IBDR). As a type of IBDR, load shedding plays a potential role in reducing supply cost and improving extra revenue in electric utilities sector as well as increasing the energy efficiency and economic income in residential side. In this paper, a residential welfare model based on utility function is proposed, by considering the electricity consumption preferences to analyze the welfare of users after participating in IBDR which includes comfort loss and incentives. Subsequently, an IBDR strategy considering consumption is presented considering household comfort and economy. The purpose of this strategy is to maximize the revenue of load aggregators while increasing the welfare of residential sector in IBDR event. |
| URI: | https://bura.brunel.ac.uk/handle/2438/26260 |
| DOI: | https://doi.org/10.1109/HONET56683.2022.10019220 |
| ISBN: | 978-1-6654-6197-9 (ebk) 978-1-6654-6198-6 (PoD) |
| ISSN: | 1949-4092 |
| Other Identifiers: | ORCID iD: Chun Sing Lai https://orcid.org/0000-0002-4169-4438 |
| Appears in Collections: | Dept of Electronic and Electrical Engineering Research Papers |
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