Lowest Tariff Load Shifting Demand Side Management Technique in Smart Grid Environment

Abstract

Electrical energy is playing an important role in our day-to-day life. The burden on utility is increasing continuously due to huge utilization of electrical energy thereby utilities are suffering from peak shortage. The concept of demand side management can be applied to relieve the utilities from suffering peak load burden. In this paper, a Lowest Tariff Load Shifting (LTLS) approach of DSM is suggested to flatten the load curve as desired by the utilities. Residential and commercial loads are considered for validation of proposed algorithm. The use of DSM techniques can delay the expansion of power system for short duration such as few months or years. This paper produces a flatten load curve by applying LTLS technique of DSM and results demonstrates cost saving and peak load reduction in residential as well as commercial area.