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Abstract:The smart grid plays a vital role in decreasing electricity cost through Demand Side Management (DSM). Smart homes, a part of the smart grid, contribute greatly to minimizing electricity consumption cost via scheduling home appliances. However, user waiting time increases due to the scheduling of home appliances. This scheduling problem is the motivation to find an optimal solution that could minimize the electricity cost and Peak to Average Ratio (PAR) with minimum user waiting time. There are many studies on Home Energy Management (HEM) for cost minimization and peak load reduction. However, none of the systems gave sufficient attention to tackle multiple parameters (i.e., electricity cost and peak load reduction) at the same time as user waiting time was minimum for residential consumers with multiple homes. Hence, in this work, we propose an efficient HEM scheme using the well-known meta-heuristic Genetic Algorithm (GA), the recently developed Cuckoo Search Optimization Algorithm (CSOA) and the Crow Search Algorithm (CSA), which can be used for electricity cost and peak load alleviation with minimum user waiting time. The integration of a smart Electricity Storage System (ESS) is also taken into account for more efficient operation of the Home Energy Management System (HEMS). Furthermore, we took the real-time electricity consumption pattern for every residence, i.e., every home has its own living pattern. The proposed scheme is implemented in a smart building; comprised of thirty smart homes (apartments), Real-Time Pricing (RTP) and Critical Peak Pricing (CPP) signals are examined in terms of electricity cost estimation for both a single smart home and a smart building. In addition, feasible regions are presented for single and multiple smart homes, which show the relationship among the electricity cost, electricity consumption and user waiting time. Experimental results demonstrate the effectiveness of our proposed scheme for single and multiple smart homes in terms of electricity cost and PAR minimization. Moreover, there exists a tradeoff between electricity cost and user waiting.

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Microgrid is a community-based power generation and distribution system that interconnects smart homes with renewable energy sources (RESs). Microgrid efficiently and economically generates power for electricity consumers and operates in both islanded and grid-connected modes. In this study, we proposed optimization schemes for reducing electricity cost and minimizing peak to average ratio (PAR) with maximum user comfort (UC) in a smart home. We considered a grid-connected microgrid for electricity generation which consists of wind turbine and photovoltaic (PV) panel. First, the problem was mathematically formulated through multiple knapsack problem (MKP) then solved by existing heuristic techniques: grey wolf optimization (GWO), binary particle swarm optimization (BPSO), genetic algorithm (GA) and wind-driven optimization (WDO). Furthermore, we also proposed three hybrid schemes for electric cost and PAR reduction: (1) hybrid of GA and WDO named WDGA; (2) hybrid of WDO and GWO named WDGWO; and (3) WBPSO, which is the hybrid of BPSO and WDO. In addition, a battery bank system (BBS) was also integrated to make our proposed schemes more cost-efficient and reliable, and to ensure stable grid operation. Finally, simulations were performed to verify our proposed schemes. Results show that our proposed scheme efficiently minimizes the electricity cost and PAR. Moreover, our proposed techniques, WDGA, WDGWO and WBPSO, outperform the existing heuristic techniques.

Demand side management (DSM) is one of the most challenging areas in smart grids, which provides multiple opportunities for residents to minimize electricity cost. In this work, we propose a DSM scheme for electricity expenses and peak to average ratio (PAR) reduction using two well-known heuristic approaches: the cuckoo search algorithm (CSA) and strawberry algorithm (SA). In our proposed scheme, a smart home decides to buy or sell electricity from/to the commercial grid for minimizing electricity costs and PAR with earning maximization. It makes a decision on the basis of electricity prices, demand and generation from its own microgrid. The microgrid consists of a wind turbine and solar panel. Electricity generation from the solar panel and wind turbine is intermittent in nature. Therefore, an energy storage system (ESS) is also considered for stable and reliable power system operation. We test our proposed scheme on a set of different case studies. The simulation results affirm our proposed scheme in terms of electricity cost and PAR reduction with profit maximization. Furthermore, a comparative analysis is also performed to show the legitimacy and productiveness of CSA and SA.

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