2022
DOI: 10.1016/j.energy.2021.122504
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A multi-objective optimization model considering users' satisfaction and multi-type demand response in dynamic electricity price

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Cited by 35 publications
(6 citation statements)
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“…Another study proposes a multi-objective optimization methodology in individual neighborhoods to maximize consumer thermal comfort, reduce demand, and minimize battery operational costs [6]. The paper [7] develops a multi-objective optimization model that balances user satisfaction with various demand response types in a dynamic electricity pricing environment, for optimizing efficient energy consumption across different user categories. A multiobjective optimization is developed in [8] to enhance economic efficiency and reliability in smart integrated energy systems while addressing demand responses and consumer comfort.…”
Section: A Occupants Thermal Comfortmentioning
confidence: 99%
“…Another study proposes a multi-objective optimization methodology in individual neighborhoods to maximize consumer thermal comfort, reduce demand, and minimize battery operational costs [6]. The paper [7] develops a multi-objective optimization model that balances user satisfaction with various demand response types in a dynamic electricity pricing environment, for optimizing efficient energy consumption across different user categories. A multiobjective optimization is developed in [8] to enhance economic efficiency and reliability in smart integrated energy systems while addressing demand responses and consumer comfort.…”
Section: A Occupants Thermal Comfortmentioning
confidence: 99%
“…The analysis method is based on the assumption that the electricity purchase costs of large consumers obey a normal distribution, and the expectation and variance of the electricity purchase costs are calculated based on D(C) = E C 2 − E 2 (C). The entropy value is calculated using Equation ( 14), and the entropy value and the average value of the electricity purchase cost of large consumers can be substituted into Equation (14) to obtain the large consumer portfolio optimization model based on expected utility-entropy:…”
Section: Expected Utility-entropy-based Power Purchase Transaction Mo...mentioning
confidence: 99%
“…Li Fe [3] established a two-layer game optimization model for RPS-driven green and thermal power suppliers' bidding and large consumer direct electricity purchase, and solved the coupled optimization decision problem of multi-power suppliers bidding and multi-large consumer direct electricity purchase transactions. Lu Qing [14] constructed a non-cooperative Stackelberg model based on game theory to study the demand response characteristics of multiple types of consumers according to the principles of consumer psychology. The impacts of grid load fluctuations on the benefits of electric companies and the satisfaction of consumers with electricity consumption were quantified, the Nash equilibrium solution of the model was obtained by the NSGA-II algorithm, and the sensitivity analysis of the correlation coefficients was carried out.…”
Section: Introductionmentioning
confidence: 99%
“…And an example analysis was conducted with residential electricity consumption in 12 Chinese provinces to verify that the optimized tariff is beneficial to the reduction of residential electricity bills and peak electricity consumption. Lu and Zhang (2022) investigated customers' electricity consumption satisfaction based on consumer psychology principles and constructed a time-of-use price optimization model considering multiple objectives based on this. Duman et al (2023) investigated a new technology, home energy management systems (HEMSs), to influence the demand response potential of residents in an area.…”
Section: Literature Reviewmentioning
confidence: 99%