PROJECT TITLE :

Smart Household Operation Considering Bi-Directional EV and ESS Utilization by Real-Time Pricing-Based DR

ABSTRACT:

Because the sensible grid solutions enable active consumer participation, demand response (DR) ways have drawn a lot of interest in the literature recently, particularly for residential areas. As a new sort of client load in the electric power system, electrical vehicles (EVs) conjointly provide completely different opportunities, together with the capability of utilizing EVs as a storage unit via vehicle-to-home (V2H) and vehicle-to-grid (V2G) choices instead of peak power procurement from the grid. During this paper, as the main contribution to the literature, a collaborative analysis of dynamic-pricing and peak power limiting-based mostly DR ways with a bi-directional utilization chance for EV and energy storage system (ESS) is realized. A mixed-integer linear programming (MILP) framework-based mostly modeling of a home energy management (HEM) structure is provided for this purpose. A distributed small-scale renewable energy generation system, the V2H and V2G capabilities of an EV together with 2-approach energy trading of ESS, and completely different DR strategies are all combined in an exceedingly single HEM system for the first time within the literature. The impacts of different EV owner client preferences together with the supply of ESS and two-manner energy trading capabilities on the reduction of total electricity prices are examined with case studies.