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Planning with the electricity market One day ahead for a smart home connected to the RES by the MILP method

Mostafa Azimi NasabDepartment of Electrical Engineering, Information Technology and Cybernetic, University of South-Eastern Norway, NorwayMousa AlizadehSchool of Engineering, RMIT University, Melbourne, VIC 3001, AustraliaRashid NasimovDepartment of Information Systems and Technologies, Tashkent State University of Economics, Tashkent 100066, UzbekistanMohammad ZandDepartment of Electrical Engineering, Information Technology and Cybernetic, University of South-Eastern Norway, NorwayMorteza Azimi NasabDepartment of Electrical Engineering, Information Technology and Cybernetic, University of South-Eastern Norway, NorwaySanjeevikumar PadmanabanDepartment of Electrical Engineering, Information Technology and Cybernetic, University of South-Eastern Norway, Norway
Renewable energy focusjournal2024en
ABI

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This study proposes a novel framework for smart homes to optimize energy consumption and production, leading to reduced costs and a more reliable grid. The framework schedules the use of controllable appliances and renewable energy sources while considering uncertainties in production, real-time market prices, and uncontrollable household loads. By incorporating both incremental and real-time pricing models, the system discourages excessive consumption during peak hours. The core innovation lies in a two-stage scheduling approach implemented using GAMS software. This method minimizes the expected total cost while accounting for limitations on controllable loads, power supply, production resources, battery performance, and overall home energy balance. Additionally, the framework leverages the previous day’s bilateral contract and allows residents to adjust desired lighting levels based on current market fluctuations. Simulations demonstrate the program’s effectiveness in reducing both net energy costs and peak load on the electricity grid.

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