Demand response for residential loads using artificial bee colony algorithm to minimize energy cost

Abstract

Power performance expectations are increasing, impacting designs and requiring advanced technology to improve system reliability. Demand Response (DR) is a highly flexible customer driven program in which customer voluntarily changes his energy usage patterns during the peak demand to maintain the system stability and reliability and thereby improves the performance of the gird. This paper proposes a novel algorithm for optimization of the DR schedule of the residential loads for various hours of the day using Artificial Bee Colony (ABC) algorithm. Here, the objective function is subjected to the constraints like cost constraints, time constraints and load demand. The results show that the proposed approach enhances potential in solving problems with good reliability compared with existing approaches.