1. A technical and economic approach to multi-level optimization models for electricity demand considering user-supplier interaction
- Author
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Fernando Magnago, Jorge C Vaschetti, and Sergio N. Bragagnolo
- Subjects
Environmental Engineering ,Profit (accounting) ,Linear programming ,Operations research ,Computer science ,Multi level optimization ,020209 energy ,General Chemical Engineering ,Mechanical Engineering ,Control (management) ,0211 other engineering and technologies ,General Engineering ,Energy consumption ,02 engineering and technology ,Load profile ,Catalysis ,Smart grid ,Work (electrical) ,021105 building & construction ,Genetic algorithm ,0202 electrical engineering, electronic engineering, information engineering ,Price signal ,Electrical and Electronic Engineering ,Civil and Structural Engineering - Abstract
One-level optimization methods have been proposed to optimize a single user’s load profile or a cluster of users in the smart grids. In this work, two two-level optimization methods are studied, one case considering technical requirements (case 1) and another considering economic criterion (case 2). In the upper level, the supplier optimizes the objective function. Meanwhile, at the lower level, users optimize their electrical costs. The proposed methods are based on Genetic Algorithm methods. In this sense, an indirect control is established in which users react to a price signal. Simulation results illustrate that both cases improve the demand profile and increase the retailer profit concerning an unscheduled case. However, when the supplier tries to maximize the profit, some users receive benefits to detriment of others, concluding that the technical approach is preferable to the economic one.
- Published
- 2023
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