TY - GEN
T1 - Real Time Operation of Smart Homes with PV and Battery Systems under Variable Electricity Rate Schedules and Transactive Power Flow
AU - Gong, Huangjie
AU - Akeyo, Oluwaseun
AU - Rallabandi, Vandana
AU - Ionel, Dan M.
N1 - Publisher Copyright:
© 2018 IEEE.
PY - 2018/12/6
Y1 - 2018/12/6
N2 - According to some utility schedules, the electricity rate is variable such that homes may be encouraged to buy and store power in a battery when it is inexpensive, and self-consume or sell to the grid during other times. Power arbitrage through a battery energy storage (BES), can help maintain consumer comfort and minimize residential electricity bills. This paper reports the calculated daily energy costs incurred by different types of homes for a given utility electricity rate schedule. The homes exchange power among each other behind a section of the distribution network. A free market system is formed and the electricity rate is a function of time, depending on the instantaneous supply and demand of power. A real time control for the BES based on its state of charge, residential power demand, and electricity rate is proposed. Relative savings in homes are achieved through rooftop solar photovoltaic systems, or BES, or both. It is shown that all types of houses benefit from the transactive power flow.
AB - According to some utility schedules, the electricity rate is variable such that homes may be encouraged to buy and store power in a battery when it is inexpensive, and self-consume or sell to the grid during other times. Power arbitrage through a battery energy storage (BES), can help maintain consumer comfort and minimize residential electricity bills. This paper reports the calculated daily energy costs incurred by different types of homes for a given utility electricity rate schedule. The homes exchange power among each other behind a section of the distribution network. A free market system is formed and the electricity rate is a function of time, depending on the instantaneous supply and demand of power. A real time control for the BES based on its state of charge, residential power demand, and electricity rate is proposed. Relative savings in homes are achieved through rooftop solar photovoltaic systems, or BES, or both. It is shown that all types of houses benefit from the transactive power flow.
KW - Aggregator
KW - Battery Control Scheme
KW - Battery Energy Storage
KW - Electricity Pricing
KW - Smart Home
KW - TOU rate
UR - http://www.scopus.com/inward/record.url?scp=85060611915&partnerID=8YFLogxK
U2 - 10.1109/ICRERA.2018.8566895
DO - 10.1109/ICRERA.2018.8566895
M3 - Conference contribution
AN - SCOPUS:85060611915
T3 - 7th International IEEE Conference on Renewable Energy Research and Applications, ICRERA 2018
SP - 1392
EP - 1395
BT - 7th International IEEE Conference on Renewable Energy Research and Applications, ICRERA 2018
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 7th International IEEE Conference on Renewable Energy Research and Applications, ICRERA 2018
Y2 - 14 October 2018 through 17 October 2018
ER -
