Abstract
Daily residential power consumption in aggregate tends to have a large peak that places stress on the distribution system and induces high operational costs. This work shows that coordinated transactive control of noncritical loads within a residential community or microgrid can help to alleviate peak-time stress on the distribution system by flattening the aggregate load curve. Treating the load forecaster as a high-fidelity, expensive black-box function, a new algorithm utilizing Bayesian optimization (BO) is proposed to achieve the best solution under uncertainty with minimal computing effort. The proposed BO algorithm manipulates the shape of the load based on transactive signals sent to each home. The thermostatically controlled loads (TCLs) act out of self-interest in response to the given price while maintaining comfort, and the optimizer exploits the thermal energy retention of the homes for the benefit of the community. Simulations confirm consistent neighborhood-level peak power reduction and energy cost savings.
Original language | English |
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Title of host publication | 2020 52nd North American Power Symposium, NAPS 2020 |
Publisher | Institute of Electrical and Electronics Engineers Inc. |
ISBN (Electronic) | 9781728181929 |
DOIs | |
State | Published - Apr 11 2021 |
Event | 52nd North American Power Symposium, NAPS 2020 - Tempe, United States Duration: Apr 11 2021 → Apr 13 2021 |
Publication series
Name | 2020 52nd North American Power Symposium, NAPS 2020 |
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Conference
Conference | 52nd North American Power Symposium, NAPS 2020 |
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Country/Territory | United States |
City | Tempe |
Period | 04/11/21 → 04/13/21 |
Funding
This manuscript has been authored in part by UT-Battelle, LLC, under contract DE-AC05-00OR22725 with the US Department of Energy (DOE). The US government retains and the publisher, by accepting the article for publication, acknowledges that the US government retains a nonexclusive, paid-up, irrevocable, worldwide license to publish or reproduce the published form of this manuscript, or allow others to do so, for US government purposes. DOE will provide public access to these results of federally sponsored research in accordance with the DOE Public Access Plan (http://energy.gov/downloads/doe-public-access-plan).
Keywords
- Bayesian optimization
- dynamic pricing environment
- peak reduction
- transactive load control