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Talebi, Hossein, Kazemi, Aliyeh, Shakouri G, Hamed, Kocaman, Ayse Selin and Caldwell, Nigel (2024) Residential load demand side management optimization under time of use tariffs and emergency demand response program / An integrated price- and incentive-based demand response program for smart residential buildings: A robust multi-objective model. Sustainable Cities and Society, 113 (105664). pp. 1-16. ISSN 2210-6707
Residential buildings account for a significant portion of energy consumption compared to other sectors. This fact highlights the significance of optimizing consumption patterns within these buildings. Load demand side management (DSM) is a solution that assists consumers and producers in managing energy consumption through incentive- and price-based approaches. In this study, a new mathematical model is developed to manage load DSM in smart residential buildings. While most previous studies considered single objective function, ignored uncertainties, and applied only one of the price- or incentive-based programs to load management in smart residential buildings; in this paper, a multi-objective mixed-integer linear programming model is developed that applies both price- and incentive-based programs and considers uncertainties. Objectives are cost reduction, peak load minimization, user comfort improvement, and load factor maximization. This model can manage optimal schedules for household appliances and load exchange within buildings. The proposed methodology and findings contribute to research on the residential load demand side management based upon the simultaneous use of price- and incentive-based programs.
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