Agent-based micro-storage management for the Smart Grid
Proceedings of the 9th International Conference on Autonomous Agents and Multiagent Systems: volume 1 - Volume 1
The impact of electricity pricing schemes on storage adoption in Ontario
Proceedings of the 3rd International Conference on Future Energy Systems: Where Energy, Computing and Communication Meet
An analysis of peak demand reductions due to elasticity of domestic appliances
Proceedings of the 3rd International Conference on Future Energy Systems: Where Energy, Computing and Communication Meet
SmartCharge: cutting the electricity bill in smart homes with energy storage
Proceedings of the 3rd International Conference on Future Energy Systems: Where Energy, Computing and Communication Meet
nPlug: a smart plug for alleviating peak loads
Proceedings of the 3rd International Conference on Future Energy Systems: Where Energy, Computing and Communication Meet
The case for efficient renewable energy management in smart homes
Proceedings of the Third ACM Workshop on Embedded Sensing Systems for Energy-Efficiency in Buildings
Parasol and GreenSwitch: managing datacenters powered by renewable energy
Proceedings of the eighteenth international conference on Architectural support for programming languages and operating systems
Scaling distributed energy storage for grid peak reduction
Proceedings of the fourth international conference on Future energy systems
Flexible loads in future energy networks
Proceedings of the fourth international conference on Future energy systems
Coordinated scheduling of thermostatically controlled real-time systems under peak power constraint
RTAS '13 Proceedings of the 2013 IEEE 19th Real-Time and Embedded Technology and Applications Symposium (RTAS)
Sharing renewable energy in smart microgrids
Proceedings of the ACM/IEEE 4th International Conference on Cyber-Physical Systems
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In recent years, researchers have proposed numerous advanced load scheduling algorithms for smart homes with the goal of reducing the grid's peak power usage. In parallel, utilities have introduced variable rate pricing plans to incentivize residential consumers to shift more of their power usage to low-price, off-peak periods, also with the goal of reducing the grid's peak power usage. In this paper, we argue that variable rate pricing plans do not incentivize consumers to adopt advanced load scheduling algorithms. While beneficial to the grid, these algorithms do not significantly lower a consumer's electric bill. To address the problem, we propose flat-power pricing, which directly incentivizes consumers to flatten their own demand profile, rather than shift as much of their power usage as possible to low-cost, off-peak periods. Since most loads have only limited scheduling freedom, load scheduling algorithms often cannot shift much, if any, power usage to low-cost, off-peak periods, which are often many hours in the future. In contrast, flat-power pricing encourages consumers to shift power usage even over short time intervals to flatten demand. We evaluate the benefits of advanced load scheduling algorithms using flat-power pricing, showing that consumers save up to 40% on their electric bill, compared with 11% using an existing time-of-use rate plan.