Residential Energy Management Using a Two-Horizon Algorithm

Author

Beaudin, Marc ; Zareipour, Hamidreza ; Bejestani, Arman Kiani ; Schellenberg, Antony

Author_Institution

Dept. of Electr. Eng., Univ. of Calgary, Calgary, AB, Canada

Volume

5

Issue

4

fYear

2014

fDate

Jul-14

Firstpage

1712

Lastpage

1723

Abstract

The increasing demand for electricity and the emergence of smart grids have presented new opportunities for residential energy management systems (REMS) in demand response market. Several techniques are available for optimizing the operation schedules and decisions of REMS. However, it can be challenging for REMS to capture sufficient resolution and horizon to make good short-term and long-term decisions, respectively, under limited computing resources. We propose a two-horizon algorithm, which can achieve high resolution schedules with reasonable value of energy services while limiting computation time. Simulation results are provided to confirm the validity of the proposed approach.

Keywords

energy management systems; power markets; smart power grids; REMS; demand response market; energy services; high resolution schedules; long-term decisions; operation schedules; residential energy management; short-term decisions; smart grids; two-horizon algorithm; Electricity; Energy management; Energy resolution; Optimal scheduling; Schedules; Scheduling algorithms; Appliance modeling; multi-timescale; power scheduling; residential energy management;

fLanguage

English

Journal_Title

Smart Grid, IEEE Transactions on

Publisher

ieee

ISSN

1949-3053

Type

jour

DOI

10.1109/TSG.2014.2310395

Filename

6839079