Title :
Effects of Direct Load Control and Residential PV System on Demand Response and Its Cost Benefit Analysis
Author :
Basnet, Saurav M. S. ; Jewell, Ward ; Aburub, Haneen
Author_Institution :
Dept. of Electr. & Comput. Eng., Wichita State Univ., Wichita, KS, USA
Abstract :
This paper presents the effect of direct load control and residential PV system during peak demand events. Load was controlled via scheduling HVAC (heating, ventilation and air conditioner) shut off cycle and penetrating PV at residential level. Cost benefit analysis were performed to evaluate the profitability of residential PV investment and direct load control program. These results will help guide utilities that are using demand response for peak reduction, and should help increase consumer participation in such programs.
Keywords :
cost-benefit analysis; demand side management; load regulation; photovoltaic power systems; power generation economics; HVAC scheduling; cost benefit analysis; demand response; direct load control program; peak demand events; peak reduction; residential PV investment; residential PV system; Cost benefit analysis; Load flow control; Load management; Load modeling; Resistance heating; Space heating; Water heating; Demand response (DR); benefit and cost ratio (BCR); cost benefit analysis (CBA); direct load control (DLC); net present value (NPV);
Conference_Titel :
Green Technologies Conference (GreenTech), 2015 Seventh Annual IEEE
Conference_Location :
New Orleans, LA
DOI :
10.1109/GREENTECH.2015.38
