Modeling of Consumer Preferences and Constraints for the Optimal Schedule of Consumption Shifting

Abstract

The actual context for smart grid implementation implies the development of tools to support the diverse player’s decisions. The present paper addresses a multi-period consumer’s management methodology for the scheduling of demand flexibility initiatives and on-site generation. The objective is to minimize the energy costs for the consumer, taking into account his resources. The paper also considers the use of dynamic pricing with the intent of studying its effect on load shifting schedule. The results obtained show how the consumers can use this methodology to achieve new efficiency levels regarding their energy use, and therefore costs.