An overview of load management techniques in smart grid. (17th June 2015)

• Record Type: Journal Article
• Authors: Mahmood, Anzar; Javaid, Nadeem; Khan, Muhammad Asghar; Razzaq, Sohail
• Is Part Of: International journal of energy research. Volume 39:Number 11(2015:Sep.)
• Page Start: 1437
• Page End: 1450
• Publication Date: 2015-06-17
• Subjects: Power resources -- Periodicals; Power (Mechanics) -- Periodicals; Power resources -- Research -- Periodicals; 621.042
• DOI: 10.1002/er.3350
• Languages: English
• ISSNs: 0363-907X

Abstract

<abstract abstract-type="main"> <title>Summary</title> <p>Load management (LM) is supposed to have a vital role in future energy management systems. This article presents an overview and comparison of LM techniques along with related technologies and implementation challenges in smart grid. The article also covers consumer and utility concerns in context of LM to enhance readers' intuition about the topic. Two major categories of LM techniques, incentive‐based and dynamic pricing‐based schemes, have been discussed and compared. Most commonly used incentive‐based direct load control is elaborated in detail. Dynamic pricing‐based energy consumption scheduling schemes, featuring peak load reduction and consumers' energy cost minimization at residential level, are also emphasized. Furthermore, the article includes a description of dynamic pricing‐based home energy management and associated optimization techniques as well as comparison of the latest schemes. Copyright © 2015 John Wiley &amp; Sons, Ltd.</p> </abstract>