Promoting peak shaving while minimizing electricity consumption payment for residential consumers by using storage devices

Authors : Simona OPREA, Adela BARA, Mahmut Erkut CEBECİ, Osman Bülent TÖR

Pages : 3725-3737

View : 16 | Download : 9

Publication Date : 0000-00-00

Article Type : Research Paper

Abstract :Nowadays, smart meters, sensors, and advanced electricity tariff mechanisms such as time-of-use insert ignore into journalissuearticles values(ToU);, critical peak pricing tariff, and real time tariff enable electricity consumption optimization for residential consumers. The main scope of such mechanisms is to promote peak shaving, which leads to minimization of technical losses and avoidance insert ignore into journalissuearticles values(or delay); of grid onerous investments. This paper proposes a method to determine the optimum capacity of a storage device insert ignore into journalissuearticles values(SD); that significantly contributes to peak shaving of electricity consumption for residential consumers. Detailed modelling of diverse electric appliances` behavior and consumers` necessities is addressed in order to determine the optimum capacity of the SD. The effects of a small scale photovoltaic panel insert ignore into journalissuearticles values(PV); owned by residential consumers are also analyzed.
Keywords : Consumption optimization, storage, peak shaving, time of use tariff, prosumer