Energy efficient home with price sensitive stochastically programmable TCAs
Vivekananthan, Cynthujah, Mishra, Yateendra, & Rajashekara, K. (2014) Energy efficient home with price sensitive stochastically programmable TCAs. In Proceedings of IECON 2014 - 40th Annual Conference of the IEEE Industrial Electronics Society, IEEE, Dallas, Texas, The United States of America, pp. 5357-5362.
Introduction of dynamic pricing in present retail market, considerably affects customers with an increased cost of energy consumption. Therefore, customers are enforced to control their loads according to price variation. This paper proposes a new technique of Home Energy Management, which helps customers to minimize their cost of energy consumption by appropriately controlling their loads. Thermostatically Controllable Appliances (TCAs) such as air conditioner and water heater are focused in this study, as they consume more than 50% of the total household energy consumption. The control process includes stochastic dynamic programming, which incorporated uncertainties in price and demand variation. It leads to an accurate selection of appliance settings. It is followed by a real time control of selected appliances with its optimal settings. Temperature set points of TCAs are adjusted based on price droop which is a reflection of actual cost of energy consumption. Customer satisfaction is maintained within limits using constraint optimization. It is showed that considerable energy savings is achieved.
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|Item Type:||Conference Paper|
|Keywords:||Dynamic Pricing, Energy Efficient Home, Real Time Pricing, Thermostatically Controllable Appliances|
|Divisions:||Current > Schools > School of Electrical Engineering & Computer Science
Current > QUT Faculties and Divisions > Science & Engineering Faculty
|Copyright Owner:||Copyright 2014 IEEE|
|Deposited On:||17 Mar 2015 23:07|
|Last Modified:||18 Mar 2015 23:25|
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