The smart grid plays a vital role in decreasing electricity cost through Demand Side Management (DSM). Smart homes, a part of the smart grid, contribute greatly to minimizing electricity consumption cost via scheduling home appliances. However, user waiting time increases due to the scheduling of home appliances. This scheduling problem is the motivation to find an optimal solution that could minimize the electricity cost and Peak to Average Ratio (PAR) with minimum user waiting time. There are many studies on Home Energy Management (HEM) for cost minimization and peak load reduction. However, none of the systems gave sufficient attention to tackle multiple parameters (i.e., electricity cost and peak load reduction) at the same time as user waiting time was minimum for residential consumers with multiple homes. Hence, in this work, we propose an efficient HEM scheme using the well-known meta-heuristic Genetic Algorithm (GA), the recently developed Cuckoo Search Optimization Algorithm (CSOA) and the Crow Search Algorithm (CSA), which can be used for electricity cost and peak load alleviation with minimum user waiting time. The integration of a smart Electricity Storage System (ESS) is also taken into account for more efficient operation of the Home Energy Management System (HEMS). Furthermore, we took the real-time electricity consumption pattern for every residence, i.e., every home has its own living pattern. The proposed scheme is implemented in a smart building; comprised of thirty smart homes (apartments), Real-Time Pricing (RTP) and Critical Peak Pricing (CPP) signals are examined in terms of electricity cost estimation for both a single smart home and a smart building. In addition, feasible regions are presented for single and multiple smart homes, which show the relationship among the electricity cost, electricity consumption and user waiting time. Experimental results demonstrate the effectiveness of our proposed scheme for single and multiple smart homes in terms of electricity cost and PAR minimization. Moreover, there exists a tradeoff between electricity cost and user waiting.

This paper presents real time information based energy management algorithms to reduce electricity cost and peak to average ratio (PAR) while preserving user comfort in a smart home. We categorize household appliances into thermostatically controlled (tc), user aware (ua), elastic (el), inelastic (iel) and regular (r) appliances/loads. An optimization problem is formulated to reduce electricity cost by determining the optimal use of household appliances. The operational schedules of these appliances are optimized in response to the electricity price signals and customer preferences to maximize electricity cost saving and user comfort while minimizing curtailed energy. Mathematical optimization models of tc appliances, i.e., air-conditioner and refrigerator, are proposed which are solved by using intelligent programmable communication thermostat ( iPCT). We add extra intelligence to conventional programmable communication thermostat (CPCT) by using genetic algorithm (GA) to control tc appliances under comfort constraints. The optimization models for ua, el, and iel appliances are solved subject to electricity cost minimization and PAR reduction. Considering user comfort, el appliances are considered where users can adjust appliance waiting time to increase or decrease their comfort level. Furthermore, energy demand of r appliances is fulfilled via local supply where the major objective is to reduce the fuel cost of various generators by proper scheduling. Simulation results show that the proposed algorithms efficiently schedule the energy demand of all types of appliances by considering identified constraints (i.e., PAR, variable prices, temperature, capacity limit and waiting time).

With the emergence of automated environments, energy demand by consumers is increasing rapidly. More than 80% of total electricity is being consumed in the residential sector. This brings a challenging task of maintaining the balance between demand and generation of electric power. In order to meet such challenges, a traditional grid is renovated by integrating two-way communication between the consumer and generation unit. To reduce electricity cost and peak load demand, demand side management (DSM) is modeled as an optimization problem, and the solution is obtained by applying meta-heuristic techniques with different pricing schemes. In this paper, an optimization technique, the hybrid gray wolf differential evolution (HGWDE), is proposed by merging enhanced differential evolution (EDE) and gray wolf optimization (GWO) scheme using real-time pricing (RTP) and critical peak pricing (CPP). Load shifting is performed from on-peak hours to off-peak hours depending on the electricity cost defined by the utility. However, there is a trade-off between user comfort and cost. To validate the performance of the proposed algorithm, simulations have been carried out in MATLAB. Results illustrate that using RTP, the peak to average ratio (PAR) is reduced to 53.02%, 29.02% and 26.55%, while the electricity bill is reduced to 12.81%, 12.012% and 12.95%, respectively, for the 15-, 30- and 60-min operational time interval (OTI). On the other hand, the PAR and electricity bill are reduced to 47.27%, 22.91%, 22% and 13.04%, 12%, 11.11% using the CPP tariff.

Microgrid is a community-based power generation and distribution system that interconnects smart homes with renewable energy sources (RESs). Microgrid efficiently and economically generates power for electricity consumers and operates in both islanded and grid-connected modes. In this study, we proposed optimization schemes for reducing electricity cost and minimizing peak to average ratio (PAR) with maximum user comfort (UC) in a smart home. We considered a grid-connected microgrid for electricity generation which consists of wind turbine and photovoltaic (PV) panel. First, the problem was mathematically formulated through multiple knapsack problem (MKP) then solved by existing heuristic techniques: grey wolf optimization (GWO), binary particle swarm optimization (BPSO), genetic algorithm (GA) and wind-driven optimization (WDO). Furthermore, we also proposed three hybrid schemes for electric cost and PAR reduction: (1) hybrid of GA and WDO named WDGA; (2) hybrid of WDO and GWO named WDGWO; and (3) WBPSO, which is the hybrid of BPSO and WDO. In addition, a battery bank system (BBS) was also integrated to make our proposed schemes more cost-efficient and reliable, and to ensure stable grid operation. Finally, simulations were performed to verify our proposed schemes. Results show that our proposed scheme efficiently minimizes the electricity cost and PAR. Moreover, our proposed techniques, WDGA, WDGWO and WBPSO, outperform the existing heuristic techniques.

With the emergence of the smart grid, both consumers and electricity providing companies can benefit from real-time interaction and pricing methods. In this work, a smart power system is considered, where consumers share a common energy source. Each consumer is equipped with a home energy management controller (HEMC) as scheduler and a smart meter. The HEMC keeps updating the utility with the load profile of the home. The smart meter is connected to a power grid having an advanced metering infrastructure which is responsible for two-way communication. Genetic teaching-learning based optimization, flower pollination teaching learning based optimization, flower pollination BAT and flower pollination genetic algorithm based energy consumption scheduling algorithms are proposed. These algorithms schedule the loads in order to shave the peak formation without compromising user comfort. The proposed algorithms achieve optimal energy consumption profile for the home appliances equipped with sensors to maximize the consumer benefits in a fair and efficient manner by exchanging control messages. Control messages contain energy consumption of consumer and real-time pricing information. Simulation results show that proposed algorithms reduce the peak-to-average ratio by 34.56% and help the users to reduce their energy expenses by 42.41% without compromising the comfort. The daily discomfort is reduced by 28.18%.