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Abstract
Demand Response program is applied in many countries as an effective instrument to regulate the electricity consumption. In this program, time of use (TOU) tariff is used widely. Optimal TOU pricing according to different objectives was mentioned in this paper such as peak load reduction, improving load curve, energy conservation, avoiding a new peak load. This is a problem with multiobjective functions in different unit of measurement and is solved by PSO algorithm. An example to find optimal TOU tariff for one utility is also presented in this paper.
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Article Details
Issue: Vol 20 No K7 (2017)
Page No.: 15-20
Published: Nov 27, 2018
Section: Engineering and Technology - Research article
DOI: https://doi.org/10.32508/stdj.v20iK7.1206
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Copyright: The Authors. This is an open access article distributed under the terms of the Creative Commons Attribution License CC-BY 4.0., which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
How to Cite
Phan, B., Le, Q., & Vo, C. (2018). Optimizing the time of use tariff with different scenarios of load management. Science and Technology Development Journal, 20(K7), 15-20. https://doi.org/https://doi.org/10.32508/stdj.v20iK7.1206
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