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- W2080959022 abstract "This paper proposes a novel algorithm for demand side management and its overall system architecture, based on an use-case analysis for Home Demand-Side-Management (HDSM). The kernel of this algorithm is to construct a cost functions. This cost function is the cornerstone of the cost-saving structure. MATLAB simulations carry out calculation of achievable cost-savings and peak-shaving utility. Based on the current policies and cost-per-watt of solar panel installations, results indicate that a typical PV installation, designed to offset half of the average daily home energy demand, will take an average of 18 years to pay off. Moreover, adding a battery will reduce the pay off period to 14 years and the system displaces an average of 72% more energy during peak times. These results illustrate the benefits and cost sharing for both trading side, supplier and consumer, and ensures a contingency market penetration." @default.
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- W2080959022 date "2013-02-01" @default.
- W2080959022 modified "2023-09-25" @default.
- W2080959022 title "Propose a Home Demand-Side-Management algorithm for smart nano-grid" @default.
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- W2080959022 doi "https://doi.org/10.1109/pedstc.2013.6506757" @default.
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