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One of the most challenging problems associated with operation of smart micro-grids is the optimal energy management of residential buildings with respect to multiple and often conflicting objectives. In this paper, a multiobjective mixed integer nonlinear programming model is developed for optimal energy use in a smart home, considering a meaningful balance between energy saving and a comfortable lifestyle. Thorough incorporation of a mixed objective function under different system constraints and user preferences, the proposed algorithm could not only reduce the domestic energy usage and utility bills, but also ensure an optimal task scheduling and a thermal comfort zone for the inhabitants. To verify the efficiency and robustness of the proposed algorithm, a number of simulations were performed under different scenarios using real data, and the obtained results were compared in terms of total energy consumption cost, users' convenience rates, and thermal comfort level.Index Terms-Demand response, energy management system, micro-grid, smart home, thermal comfort zone. 1949-3053

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Uncertain natures of the renewable energy resources and consumers' participation in demand response (DR) programs have introduced new challenges to the energy and reserve scheduling of microgrids, particularly in the autonomous mode. In this paper, a risk-constrained stochastic framework is presented to maximize the expected profit of a microgrid operator under uncertainties of renewable resources, demand load and electricity price. In the proposed model, the trade-off between maximizing the operator's expected profit and the risk of getting low profits in undesired scenarios is modeled by using conditional value at risk (CVaR) method. The influence of consumers' participation in DR programs and their emergency load shedding for different values of lost load (VOLL) are then investigated on the expected profit of operator, CVaR, expected energy not served (EENS) and scheduled reserves of microgrid. Moreover, the impacts of different VOLL and risk aversion parameter are illustrated on the system reliability. Extensive simulation results are also presented to illustrate the impact of risk aversion on system security issues with and without DR. Numerical results demonstrate the advantages of customers' participation in DR program on the expected profit of the microgrid operator and the reliability indices.

Increasing penetration of intermittent renewable energy sources and the development of advanced information give rise to questions on how responsive loads can be managed to optimise the use of resources and assets. In this context, demand response as a way for modifying the consumption pattern of customers can be effectively applied to balance the demand and supply in electricity networks. This study presents a novel stochastic model from a microgrid (MG) operator perspective for energy and reserve scheduling considering risk management strategy. It is assumed that the MG operator can procure energy from various sources, including local generating units and demand-side resources to serve the customers. The operator sells electricity to customers under real-time pricing scheme and the customers response to electricity prices by adjusting their loads to reduce consumption costs. The objective is to determine the optimal scheduling with considering risk aversion and system frequency security to maximise the expected profit of operator. To deal with various uncertainties, a riskconstrained two-stage stochastic programming model is proposed where the risk aversion of MG operator is modelled using conditional value at risk method. Extensive numerical results are shown to demonstrate the effectiveness of the proposed framework.

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