multi-objective optimization for smart house applied real time pricing systems

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ID: 208686
2016
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Abstract
A smart house generally has a Photovoltaic panel (PV), a Heat Pump (HP), a Solar Collector (SC) and a fixed battery. Since the fixed battery can buy and store inexpensive electricity during the night, the electricity bill can be reduced. However, a large capacity fixed battery is very expensive. Therefore, there is a need to determine the economic capacity of fixed battery. Furthermore, surplus electric power can be sold using a buyback program. By this program, PV can be effectively utilized and contribute to the reduction of the electricity bill. With this in mind, this research proposes a multi-objective optimization, the purpose of which is electric demand control and reduction of the electricity bill in the smart house. In this optimal problem, the Pareto optimal solutions are searched depending on the fixed battery capacity. Additionally, it is shown that consumers can choose what suits them by comparing the Pareto optimal solutions.
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miyazato2016sustainabilitymulti-objective Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Yasuaki Miyazato, Hayato Tahara, Kosuke Uchida, Cirio Celestino Muarapaz, Abdul Motin Howlader, Tomonobu Senjyu
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Journal journal of physics: conference series
Year 2016
DOI
10.3390/su8121273
URL
http://www.mdpi.com/2071-1050/8/12/1273
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