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Analysis of different scenarios for residential energy management under existing retail market structure

Akter, M.N. and Mahmud, M.A. 2015, Analysis of different scenarios for residential energy management under existing retail market structure, in ISGT ASIA 2015: Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia Conference, IEEE, Piscataway, N.J., pp. 1282-1287, doi: 10.1109/ISGT-Asia.2015.7387182.

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Title Analysis of different scenarios for residential energy management under existing retail market structure
Author(s) Akter, M.N.
Mahmud, M.A.ORCID iD for Mahmud, M.A. orcid.org/0000-0002-5302-5338
Conference name IEEE Innovative Smart Grid Technologies - Asia. Conference (2015 : Bangkok, Thailand)
Conference location Bangkok, Thailand
Conference dates 03-06 Nov. 2015
Title of proceedings ISGT ASIA 2015: Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia Conference
Publication date 2015
Start page 1282
End page 1287
Total pages 6
Publisher IEEE
Place of publication Piscataway, N.J.
Keyword(s) battery energy storage system
residential energy management
solar photovoltaic systems
transactive energy management
Summary This paper presents an analysis of a residential energy management scheme under existing retail market structure with the integration of solar photovoltaic (PV) and battery energy storage systems. In this paper, different scenarios are analyzed with an aim of achieving the most cost-effective solutions for the integration of solar PV and battery energy storage systems. The main idea behind these analyses is to obtain a grid independent residential energy management system through the reduction of purchasing energy from the existing power grid. The results from the analysis of different scenarios for a typical Australian house demonstrate that the shortage of energy during the high loads and excess of energy during the higher output of solar PV system can be reduced with the design of a proper energy management scheme employing a transactive energy management framework.
ISBN 9781509012381
ISSN 2378-8542
Language eng
DOI 10.1109/ISGT-Asia.2015.7387182
Field of Research 090607 Power and Energy Systems Engineering (excl Renewable Power)
Socio Economic Objective 970109 Expanding Knowledge in Engineering
HERDC Research category E1 Full written paper - refereed
ERA Research output type E Conference publication
Copyright notice ©2015, IEEE
Persistent URL http://hdl.handle.net/10536/DRO/DU:30083994

Document type: Conference Paper
Collection: School of Engineering
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