Load Scheduling For Smart Energy Management in Residential Buildings with Renewable Sources

Demand Response is a promising technique that could be implemented effectively on the foundation laid by Smart Grid. Decentralization of power generation with the advent of renewable power sources will benefit the user as well as the central network along with reduction in dependence on conventional sources of energy. Energy management at the consumer end by controlling the loads will help the consumer also to participate and share the responsibility in proper management of energy. Among the various methods through which this could be done, load scheduling from the consumer end is an excellent option. This paper proposes an Off-line Load Scheduling Algorithm that aims at maximizing the energy savings along with the reduction in cost of energy consumption. This algorithm tries to shift loads to off-peak hours and hours with lower electricity cost thus relieving the utility grid from peak demand at the same time providing economic benefit to the consumer.