Abstract

This research focuses on a decomposed-weighted-sum particle swarm optimization (DWS-PSO) approach that is proposed for optimal operations of price-driven demand response (PDDR) and PDDR-synergized with the renewable and energy storage dispatch (PDDR-RED) based home energy management systems (HEMSs). The algorithm for PDDR-RED-based HEMS is developed by combining a DWS-PSO-based PDDR scheme for load shifting with the dispatch strategy for the photovoltaic (PV), storage battery (SB), and power grid systems. Shiftable home appliances (SHAs) are modeled for mixed scheduling (MS). The MS includes advanced as well as delayed scheduling (AS/DS) of SHAs to maximize the reduction in the net cost of energy ( $CE$ ). A set of weighting vectors is deployed while implementing algorithms and a multi-objective-optimization (MOO) problem is decomposed into single-objective sub-problems that are optimized simultaneously in a single run. Furthermore, an innovative method to carry out the diversified performance analysis (DPA) of the proposed algorithms is also proposed. The method comprises the construction of a diversified set of test problems (TPs), defining of performance metrics, and computation of the metrics. The TPs are constructed for a set of standardized dynamic pricing signal and for scheduling models for MS and DS. The simulation results show the gradient of the tradeoff line for the reduction in $CE$ and related discomfort for DPA. View Full-Text