Operation Scheduling of Household Load, EV and BESS Using Real Time Pricing, Incentive Based DR and Peak Power Limiting Strategy

Abstract

Abstract Demand response (DR) programs have become powerful tools of the smart grids, which provide opportunities for the end-use consumers to participate actively in the energy management programs. This paper investigates impact of different DR strategies in a home-energy management system having consumer with regular load, electric vehicle (EV) and battery-energy storage system (BESS) in the home. The EV is considered as a special type of load, which can also work as an electricity generation source by discharging the power in vehicle-to-home mode during high price time. BESS and a small renewable energy source in form of rooftop photovoltaic panels give a significant contribution in the energy management of the system. As the main contribution to the literature, a mixed integer linear programming based model of home energy management system is formulated to minimize the daily cost of electricity consumption under the effect of different DR programs; such as real time price based DR program, incentive based DR program and peak power limiting DR program. Finally, total electricity prices are analysed in the case studies by including different preferences of the household consumer under mentioned DR programs. A total of 26.93 % electricity cost reduction is noticed with respect to base case, without peak limiting DR and 19.93 % electricity cost reduction is noticed with respect to base case, with peak limiting DR.