Design of adaptive electrical energy management systems for cost minimization

The objective of this paper is to model the power consumption trends of industrial or residential facilities, and design smart energy management mechanisms in order to reduce the energy cost. For a given set of components, and with minimal impact on the subjective human intervention, a substantial reduction of the energy cost can be achieved through smart energy management schemes that react to real-time power consumption patterns of the elements, instantaneous energy costs, and the availability of renewable energy. A complex system containing electrical elements with a wide array of functionalities (e.g. pre-loading, post-loading, time-flexible load distribution) and variables (physical factors, user intervention, variable energy prices) requires a rigorous formulation of the energy management scheme. The optimum combination of the time-balancing of loads is derived, and an adaptive energy management scheme is designed that can both sense an imminent change in the trend, and adjust the loading mechanism accordingly.