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Load shifting of a supplier-based demand response of multi-class subscribers in smart grid

Load shifting of a supplier-based demand response of multi-class subscribers in smart grid

Li, Junxiang, Liu, Bo, Sun, Quan, Sarmadi, Kamran, Gao, Yan, Dang, Yazheng and Dong, Jingxin (2021) Load shifting of a supplier-based demand response of multi-class subscribers in smart grid. International Journal of Industrial and Systems Engineering, 37 (4). pp. 506-526. ISSN 1748-5037 (Print), 1748-5045 (Online) (doi:https://doi.org/10.1504/IJISE.2021.114054)

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Abstract

We propose a demand response (DR) solution approach for a real-time pricing model with multi-class users to determine the electricity supply mix. The model aims to address the problem of power consumption overloading in peak hours using the real-time
information obtained from the interaction between suppliers and users in a smart grid. The proposed DR algorithm allocates the overloaded demand assigned to a supplier to other electricity suppliers in order to satisfy all users’ demand while the supplier ensures to maximize the utility or reserved demand of users. Furthermore, a priority approach based on different user groups is developed for allocating the extra demand to other suppliers. Numerical experiments have been conducted to analyze the performance of the algorithm and compare the real-time electricity price with the fixed price.

Item Type: Article
Uncontrolled Keywords: demand response; multi-class subscribers; alternating direction; method of multipliers; ADMM; load shifting; smart grid
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
T Technology > T Technology (General)
T Technology > TK Electrical engineering. Electronics Nuclear engineering
Faculty / School / Research Centre / Research Group: Faculty of Business
Faculty of Business > Department of Systems Management & Strategy
Last Modified: 27 Jan 2023 15:46
URI: http://gala.gre.ac.uk/id/eprint/38482

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