Multi-Objective Optimization for Smart House Applied Real Time Pricing Systems
AbstractA smart house generally has a Photovoltaic panel (PV), a Heat Pump (HP), a Solar Collector (SC) and a fixed battery. Since the fixed battery can buy and store inexpensive electricity during the night, the electricity bill can be reduced. However, a large capacity fixed battery is very expensive. Therefore, there is a need to determine the economic capacity of fixed battery. Furthermore, surplus electric power can be sold using a buyback program. By this program, PV can be effectively utilized and contribute to the reduction of the electricity bill. With this in mind, this research proposes a multi-objective optimization, the purpose of which is electric demand control and reduction of the electricity bill in the smart house. In this optimal problem, the Pareto optimal solutions are searched depending on the fixed battery capacity. Additionally, it is shown that consumers can choose what suits them by comparing the Pareto optimal solutions. View Full-Text
Scifeed alert for new publicationsNever miss any articles matching your research from any publisher
- Get alerts for new papers matching your research
- Find out the new papers from selected authors
- Updated daily for 49'000+ journals and 6000+ publishers
- Define your Scifeed now
Miyazato, Y.; Tahara, H.; Uchida, K.; Celestino Muarapaz, C.; Motin Howlader, A.; Senjyu, T. Multi-Objective Optimization for Smart House Applied Real Time Pricing Systems. Sustainability 2016, 8, 1273.
Miyazato Y, Tahara H, Uchida K, Celestino Muarapaz C, Motin Howlader A, Senjyu T. Multi-Objective Optimization for Smart House Applied Real Time Pricing Systems. Sustainability. 2016; 8(12):1273.Chicago/Turabian Style
Miyazato, Yasuaki; Tahara, Hayato; Uchida, Kosuke; Celestino Muarapaz, Cirio; Motin Howlader, Abdul; Senjyu, Tomonobu. 2016. "Multi-Objective Optimization for Smart House Applied Real Time Pricing Systems." Sustainability 8, no. 12: 1273.
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.