Recent advancement in demand side energy management system for optimal energy utilization

To enhance the low reliability of supply that has resulted in an increasingly serious energy crisis and environmental problems, extensive research on new clean renewable energy and energy management technologies with high effectiveness, low cost, and environmental friendliness is required. Demand-side management systems are effective tools for managing renewable energy. Unfortunately, the intermittent nature of renewable energy is the principal drawback of renewable energy sources. This necessitates the development of intelligent energy management systems to increase system reliability and improve efficiency. Demand-side energy management systems are an excellent choice for several reasons. Firstly, they enable consumers to actively monitor and control their energy usage, leading to significant cost savings through reduced consumption during peak hours and improved overall efficiency. Recent advancements in demand-side energy management represent a significant shift towards more intelligent, flexible, and sustainable energy management practices, empowering consumers and utilities alike to optimize energy usage and contribute to a more resilient and efficient energy system. Demand-side management challenges and demand response categories are covered in this paper. It also introduces and analyzes the fundamental control strategies of demand response. Finally, it gives a description of the present difficulties and potential future developments in the creation of novel high efficiency and multilevel control mechanisms.