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A novel approach of demand side management in smart grid.

Authors :
Lakshmi, Haveli
Queen, M. P. Flower
Source :
AIP Conference Proceedings. 2023, Vol. 2587 Issue 1, p1-9. 9p.
Publication Year :
2023

Abstract

Demand Side Management (DSM) in smart grid approach utilizing and proper energy management of electrical vehicles, home appliances for distribution energy storage method by game algorithm select relevant size of storage units for balancing cost while using it. It is a complex problem to reach quality of energy management. By applying optimize with an efficient algorithm only it is to achieve to minimize costs. The objective of our paper is to optimize of minimize energy consumption, minimize costs and maximize energy efficiency with an efficient approach solving by game algorithm(gm). In this paper we proposed a cost function for the purpose of billing as well as cost generation for beneficial of end users for beneficial to easy way of payment. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0094243X
Volume :
2587
Issue :
1
Database :
Academic Search Index
Journal :
AIP Conference Proceedings
Publication Type :
Conference
Accession number :
173861237
Full Text :
https://doi.org/10.1063/5.0151352