Demand-side response of smart clients under real-time pricing

Author

Wei-hui Shao ; Wei-sheng Xu ; Zhi-yu Xu ; Zheng-yang Zeng

Author_Institution

Sch. of Electron. & Inf. Eng., Tongji Univ., Shanghai, China

fYear

2014

fDate

May 31 2014-June 2 2014

Firstpage

4529

Lastpage

4534

Abstract

Electric power market will transform to the free market based on real-time pricing and the traditional clients will change to smart clients with the development of Smart Grid. A smart client model which includes general loads, energy storage devices, electric vehicles and distributed generations is developed in this paper to study the demand-side response under real-time pricing. MS_VND algorithm is used to search the optimal strategies. Computational tests on the real data show that the proposed model is reasonable and MS_VND algorithm is both efficient and effective.

Keywords

demand side management; optimisation; pricing; smart power grids; MS_VND algorithm; demand-side response; distributed generations; electric vehicles; energy storage devices; general loads; multistart variable neighborhood descent algorithm; real-time pricing; smart clients; Batteries; Electric vehicles; Electricity; Load modeling; Pricing; Real-time systems; Demand-side Response; MS_VND Algorithm; Real-time Pricing; Smart Client;

fLanguage

English

Publisher

ieee

Conference_Titel

Control and Decision Conference (2014 CCDC), The 26th Chinese

Conference_Location

Changsha

Print_ISBN

978-1-4799-3707-3

Type

conf

DOI

10.1109/CCDC.2014.6852980

Filename

6852980