Energy Savings Through Refrigeration Load Control With Assessment of Commercial Potential: Lowering peak power and electricity bills through optimal demand scheduling

Abstract

The world is currently undergoing an energy transition driven by countries’ efforts in decarbonizing their economies to both mitigate anthropogenic global warming and avoid costly fuel supply disruptions. Replacing fossil-fueled generators with renewable energy sources is a key method of decarbonization, but renewable power generation is intermittent and nonsynchronous. These factors decrease synchronous inertia and alter the availability of power on an electrical grid’s supply side, threatening the grid’s stability and reliability. Additionally, shortages in available power can lead to exorbitant electricity prices, threatening the finances of electricity consumers.