The integration of energy storage technologies with renewable energy systems can
significantly reduce the operating costs for microgrids (MG) in future electricity networks. This …

The utility function is very significant for solving the real-time pricing problem of smart grid.
Based on the Logistic function, a new utility function is constructed to satisfy four properties …

In this paper, we consider the problem of operating a battery storage unit in a home with a
rooftop solar photovoltaic (PV) system so as to minimize expected long-run electricity costs …

In industrial and commercial sectors, numerous countries had successfully implemented the
dynamic pricing as a solution to the problem of high power demand in peak hours. But, an …

In dynamic energy markets with real-time tariffs, residential power management systems
must identify optimal solutions for the energy stored and transacted with the power grid. On …

In a smart grid system, different types of electricity users such as residential, commercial and
industrial users have different utility functions. This paper proposes a nonlinear constrained …

The 2060 carbon neutral target reflects the long-term equilibrium and stability of production
activities and the natural environment. As an important part of Chinese energy structure, the …

Residential load control focuses on reducing both the monthly electricity expense and the
peak demand for electricity. The efficient scheduling of smart home appliances' operational …

Residential load management deals with two major objectives viz. minimizing the cost of
monthly electricity bill and peak demand of power consumption. Both objectives can be …

The residential load shares a large portion of the total electricity consumption (about 27%).
Management of power demand by residential consumers is considered difficult because it …