2020
DOI: 10.3390/math8071144
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Reducing the Cost of Electricity by Optimizing Real-Time Consumer Planning Using a New Genetic Algorithm-Based Strategy

Abstract: To ensure the use of energy produced from renewable energy sources, this paper presents a method for consumer planning in the consumer–producer–distributor structure. The proposed planning method is based on the genetic algorithm approach, which solves a cost minimization problem by considering several input parameters. These input parameters are: the consumption for each unit, the time interval in which the unit operates, the maximum value of the electricity produced from renewable sources, and the distributi… Show more

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Cited by 13 publications
(5 citation statements)
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“…Based on the proposed phase identification methodology, we have developed an automated methodology for the optimal redistribution of single-phase consumers in a low voltage grid. The developed methodology makes use of a genetic algorithm [16] specially developed to minimize the imbalances between bases.…”
Section: Resultsmentioning
confidence: 99%
“…Based on the proposed phase identification methodology, we have developed an automated methodology for the optimal redistribution of single-phase consumers in a low voltage grid. The developed methodology makes use of a genetic algorithm [16] specially developed to minimize the imbalances between bases.…”
Section: Resultsmentioning
confidence: 99%
“…Metaheuristic algorithms such as the genetic algorithm, particle swarm optimization, differential evolution, whale algorithm, and fireworks algorithm are nature-inspired optimization techniques that have proven their performance in problems regarding the optimization of operation conditions in electrical networks. Recently, they have been applied for integrating electric vehicles and distributed generation into smart grids [36], optimal reconfiguration of distribution networks [37], optimal power flow analysis in DC distribution networks [38], reliability improvement [39], and optimal consumption planning [40]. In this paper, a genetic algorithm was used to determine the optimal buses and phases of connection for a fixed number of storage units (batteries) with the aim of reducing the energy losses over a time interval of 24 h. The GA was preferred because, as the following subsection of the paper will describe in detail, it allows for simple and efficient modeling of the mentioned storage use scenarios, which is the same as using the same basic approach in solving three different problems with minimal modifications to a base case.…”
Section: Related Literaturementioning
confidence: 99%
“…Metaheuristic algorithms such as the Genetic Algorithm, Particle Swarm Optimization, Differential Evolution, Whale Algorithm, Fireworks Algorithm, are nature-inspired optimization techniques that proved their performance in problems regarding the optimization of operation conditions in electrical networks. In the latest years, they were applied for integrating electric vehicles and distributed generation into smart grids [36], optimal reconfiguration of distribution networks [37], optimal power flow analysis in DC distribution networks [38], reliability improvement [39], optimal consumption planning [40]. In the paper, a Genetic Algorithm was used to determine the optimal buses and phases of connection for a fixed number of storage units (batteries), with the aim of reducing the energy losses over a time interval of 24 hours, according to the assumptions and scenarios described in Section 1.…”
Section: Related Literaturementioning
confidence: 99%