An Improved Energy and Cost Minimization Scheme for Home Energy Management (HEM) in the Smart Grid Framework

  • Md Mamun Ur Rashid*
  • , Md Alamgir Hossain
  • , Rakibuzzaman Shah
  • , Md Shafiul Alam
  • , Ashish Kumar Karmaker
  • , Muaz Rahman
  • *Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

11 Scopus citations

Abstract

In the current energy perspective, home energy management (HEM) is an essential requirement for residential consumers due to excessive energy utilization by the household appliances. This paper proposes an improved energy and cost minimization scheme for residential consumers to shape peak load and utility tariffs. An efficient power management algorithm (PMA) has been developed with renewable energy sources (RESs) and energy storage systems (ESS). The PMA is executed using C++ software. The benefits of the RESs and ESS with the proposed PMA techniques are analyzed using three different scenarios. Extensive case studies are carried out to validate the effectiveness of the proposed energy and cost minimization scheme. It is demonstrated that the proposed method may save energy and costs up to 34% and 45% compared to the existing methods.

Original languageEnglish
Title of host publication2020 IEEE International Conference on Applied Superconductivity and Electromagnetic Devices, ASEMD 2020
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781728152158
DOIs
StatePublished - 16 Oct 2020

Publication series

Name2020 IEEE International Conference on Applied Superconductivity and Electromagnetic Devices, ASEMD 2020

Bibliographical note

Publisher Copyright:
© 2020 IEEE.

Keywords

  • Energy storage systems (ESS)
  • home energy management (HEM)
  • renewable energy sources (RESs)
  • smart grid
  • smart meter

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Electrical and Electronic Engineering
  • Mechanical Engineering
  • Electronic, Optical and Magnetic Materials

Fingerprint

Dive into the research topics of 'An Improved Energy and Cost Minimization Scheme for Home Energy Management (HEM) in the Smart Grid Framework'. Together they form a unique fingerprint.

Cite this