Design of a portal for time of use pricing in smart grid

The present world is changing and growing day by day. The growth is directly related to new technologies and infrastructures. These growing needs require high demand of energy. Henceforth the role of electricity is very crucial. Fossil fuels which provide us with electricity are depleting and new me...

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Main Author: Jacob, Aleena
Other Authors: So Ping Lam
Format: Final Year Project
Language:English
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10356/60174
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-601742023-07-07T17:31:51Z Design of a portal for time of use pricing in smart grid Jacob, Aleena So Ping Lam School of Electrical and Electronic Engineering DRNTU::Engineering The present world is changing and growing day by day. The growth is directly related to new technologies and infrastructures. These growing needs require high demand of energy. Henceforth the role of electricity is very crucial. Fossil fuels which provide us with electricity are depleting and new methods for electricity generation should be there. Along with new generation plans, appropriate conservation of electricity which reduces the wastage of electricity is important. In order to develop energy efficiency measures, understanding the customers and their consumption pattern is necessary. Demand response is an incentive which can regulate the electricity usage from demand side by manipulating behavior of people. Pay as you use policy. The initial step of the project was to understand the consumption behavior. Study was conducted by analyzing the use of electricity in NTU staff quarters for a span of 10 months. The accumulated data was synthesized using MATALB programing. Further survey was conducted to understand the lifestyle of the houses with different consumption pattern. Multivariate regression method was used to forecast the load for a household depending on occupancy pattern and appliance usage. Further time of use pricing algorithm was designed to implement the demand response. Time of pricing method was validated with the forecasted load profile for NTU. Bachelor of Engineering 2014-05-23T01:46:48Z 2014-05-23T01:46:48Z 2014 2014 Final Year Project (FYP) http://hdl.handle.net/10356/60174 en Nanyang Technological University 54 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Engineering
spellingShingle DRNTU::Engineering
Jacob, Aleena
Design of a portal for time of use pricing in smart grid
description The present world is changing and growing day by day. The growth is directly related to new technologies and infrastructures. These growing needs require high demand of energy. Henceforth the role of electricity is very crucial. Fossil fuels which provide us with electricity are depleting and new methods for electricity generation should be there. Along with new generation plans, appropriate conservation of electricity which reduces the wastage of electricity is important. In order to develop energy efficiency measures, understanding the customers and their consumption pattern is necessary. Demand response is an incentive which can regulate the electricity usage from demand side by manipulating behavior of people. Pay as you use policy. The initial step of the project was to understand the consumption behavior. Study was conducted by analyzing the use of electricity in NTU staff quarters for a span of 10 months. The accumulated data was synthesized using MATALB programing. Further survey was conducted to understand the lifestyle of the houses with different consumption pattern. Multivariate regression method was used to forecast the load for a household depending on occupancy pattern and appliance usage. Further time of use pricing algorithm was designed to implement the demand response. Time of pricing method was validated with the forecasted load profile for NTU.
author2 So Ping Lam
author_facet So Ping Lam
Jacob, Aleena
format Final Year Project
author Jacob, Aleena
author_sort Jacob, Aleena
title Design of a portal for time of use pricing in smart grid
title_short Design of a portal for time of use pricing in smart grid
title_full Design of a portal for time of use pricing in smart grid
title_fullStr Design of a portal for time of use pricing in smart grid
title_full_unstemmed Design of a portal for time of use pricing in smart grid
title_sort design of a portal for time of use pricing in smart grid
publishDate 2014
url http://hdl.handle.net/10356/60174
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