Supply Side Management vs. Demand Side Management of a Residential Microgrid Equipped with an Electric Vehicle in a Dual Tariff Scheme

Alain Aoun, Hussein Ibrahim, Mazen Ghandour and Adrian Ilinca
Additional contact information
Alain Aoun: Department of Mathematics, Computer Science and Engineering, Université du Québec à Rimouski (UQAR), Rimouski, QC G5L 3A1, Canada
Hussein Ibrahim: Institut Technologique de Maintenance Industrielle (ITMI), Cegep de Sept-Iles, Sept-Iles, QC G4R 5B7, Canada
Mazen Ghandour: Faculty of Engineering, Lebanese University, Beirut 6573/14, Lebanon
Adrian Ilinca: Department of Mathematics, Computer Science and Engineering, Université du Québec à Rimouski (UQAR), Rimouski, QC G5L 3A1, Canada

Energies, 2019, vol. 12, issue 22, 1-21

Abstract: Fundamentally, two main methodologies are used to reduce the electric energy bill in residential, commercial, and even industrial applications. The first method is to act on the supply side by integrating alternative means of power generation, such as renewable energy generators, having a relatively low levelized cost of energy. Whereas, the second methodology focuses on the management of the load to minimize the overall paid cost for energy. Thus, this article highlights the importance of demand side management by comparing it to the supply side management having, as criteria, the total achieved savings on the overall annual energy bill of a residential microgrid supplied by two power sources and equipped with an electric vehicle. The optimization takes into consideration the cost of kWh that is paid by the prosumer based on an economical model having as inputs the outcomes of the energy model. The adopted energy model integrates, on the demand side, an intelligent energy management system acting on secondary loads, and on the supply side, a photovoltaic (PV) system with and without battery energy storage system (BESS). The outcome of this work shows that, under the right circumstances, demand side management can be as valuable as supply side control.

Keywords: energy; energy management; demand side management; plug-in vehicle; vehicle-to-grid (V2G); vehicle-to-home (V2H); home energy management system (HEMS) (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.mdpi.com/1996-1073/12/22/4351/pdf (application/pdf)
https://www.mdpi.com/1996-1073/12/22/4351/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:12:y:2019:i:22:p:4351-:d:287221

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().