Pages: 47-55

Abstract

Microgrid has an economic incentive due to avoiding energy purchases during peak periods and creation of carbon benefits through low-carbon/low-pollutant generation and co-production of heat and power, which has higher energy efficiency. In this paper a new DSM program based on load shifting and dynamic pricing for electricity consumption for controllable appliances is proposed. The main objective of proposed algorithm is to reduce load peak demand in microgrid. The objective load curve is chosen inversely proportional to the wholesale electricity price in the residential area.