Collaborative approach for energy cost minimization in smart grid communities

摘要: In this paper we propose a novel demand side management method for minimizing the cost of electricity consumed by households from smart community. Some in community may own renewable energy sources (RESs) and storing systems (ESSs). Other ESSs only, while remaining are pure consumers. The RESs owning can individually optimize their costs using available storage spaces production. collaborative model which owners minimize exchanging sharing produced spaces. They also sell to plain consumers at lower price than that offered utility company. We minimization as constrained optimization problem be solved linear program. Simulation show proposed reduce owners' 12 50% comparison performing individual optimization. about 7–8% case buying all needed