Single contract power optimization: A novel business model for smart buildings using intelligent energy management
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | , , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.22/22112 |
Resumo: | Typically, residential buildings neither allow flexibility in the individual contract power capacity nor considers buildings as unique electricity consumers. In this work, a smart building is designed that each electricity customer has flexible contract power and the whole collective residential building has a single contract power. A management entity is considered to manage all energy resources of the building such as the photovoltaic generation, electric vehicles, and battery energy storage system, taking into consideration the consumption from apartments and common services, to minimize the electricity bill. Hence, the best/optimal contract power capacity will contribute to minimizing electricity costs. Therefore, finding the optimal decision of the contract power value has received a significant role from the energy management in smart buildings. In this paper, a mixed binary optimization problem is formulated in which not only the optimal value of contract power is yield but the optimal schedule of the electric vehicle/battery storage charge and discharge are found, taking into consideration the photovoltaic generation and load consumption profiles. The proposed model is implemented for three scenarios, and the obtained results show that the model efficiency has a high performance with a significant electricity cost reduction, around 47%. The results pointed that using an optimal value of single contract power and intelligent management system, the building electricity costs decrease remarkably. |
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Single contract power optimization: A novel business model for smart buildings using intelligent energy managementSmart buildingEnergy managementMixed binary linear programmingOptimal contract powerRenewable energyMathematical modelingTypically, residential buildings neither allow flexibility in the individual contract power capacity nor considers buildings as unique electricity consumers. In this work, a smart building is designed that each electricity customer has flexible contract power and the whole collective residential building has a single contract power. A management entity is considered to manage all energy resources of the building such as the photovoltaic generation, electric vehicles, and battery energy storage system, taking into consideration the consumption from apartments and common services, to minimize the electricity bill. Hence, the best/optimal contract power capacity will contribute to minimizing electricity costs. Therefore, finding the optimal decision of the contract power value has received a significant role from the energy management in smart buildings. In this paper, a mixed binary optimization problem is formulated in which not only the optimal value of contract power is yield but the optimal schedule of the electric vehicle/battery storage charge and discharge are found, taking into consideration the photovoltaic generation and load consumption profiles. The proposed model is implemented for three scenarios, and the obtained results show that the model efficiency has a high performance with a significant electricity cost reduction, around 47%. The results pointed that using an optimal value of single contract power and intelligent management system, the building electricity costs decrease remarkably.This work has received funding from FEDER Funds through COMPETE program and from National Funds through FCT under the project BENEFICE-PTDC/EEI-EEE/29070/2017 and UIDB/00760/2020 under CEECIND/02814/2017 grant.ElsevierRepositório Científico do Instituto Politécnico do PortoForoozandeh, ZahraRamos, SérgioSoares, JoãoVale, ZitaDias, Maurício20222035-12-31T00:00:00Z2022-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.22/22112eng10.1016/j.ijepes.2021.107534metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-13T13:18:28Zoai:recipp.ipp.pt:10400.22/22112Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:42:10.043285Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Single contract power optimization: A novel business model for smart buildings using intelligent energy management |
title |
Single contract power optimization: A novel business model for smart buildings using intelligent energy management |
spellingShingle |
Single contract power optimization: A novel business model for smart buildings using intelligent energy management Foroozandeh, Zahra Smart building Energy management Mixed binary linear programming Optimal contract power Renewable energy Mathematical modeling |
title_short |
Single contract power optimization: A novel business model for smart buildings using intelligent energy management |
title_full |
Single contract power optimization: A novel business model for smart buildings using intelligent energy management |
title_fullStr |
Single contract power optimization: A novel business model for smart buildings using intelligent energy management |
title_full_unstemmed |
Single contract power optimization: A novel business model for smart buildings using intelligent energy management |
title_sort |
Single contract power optimization: A novel business model for smart buildings using intelligent energy management |
author |
Foroozandeh, Zahra |
author_facet |
Foroozandeh, Zahra Ramos, Sérgio Soares, João Vale, Zita Dias, Maurício |
author_role |
author |
author2 |
Ramos, Sérgio Soares, João Vale, Zita Dias, Maurício |
author2_role |
author author author author |
dc.contributor.none.fl_str_mv |
Repositório Científico do Instituto Politécnico do Porto |
dc.contributor.author.fl_str_mv |
Foroozandeh, Zahra Ramos, Sérgio Soares, João Vale, Zita Dias, Maurício |
dc.subject.por.fl_str_mv |
Smart building Energy management Mixed binary linear programming Optimal contract power Renewable energy Mathematical modeling |
topic |
Smart building Energy management Mixed binary linear programming Optimal contract power Renewable energy Mathematical modeling |
description |
Typically, residential buildings neither allow flexibility in the individual contract power capacity nor considers buildings as unique electricity consumers. In this work, a smart building is designed that each electricity customer has flexible contract power and the whole collective residential building has a single contract power. A management entity is considered to manage all energy resources of the building such as the photovoltaic generation, electric vehicles, and battery energy storage system, taking into consideration the consumption from apartments and common services, to minimize the electricity bill. Hence, the best/optimal contract power capacity will contribute to minimizing electricity costs. Therefore, finding the optimal decision of the contract power value has received a significant role from the energy management in smart buildings. In this paper, a mixed binary optimization problem is formulated in which not only the optimal value of contract power is yield but the optimal schedule of the electric vehicle/battery storage charge and discharge are found, taking into consideration the photovoltaic generation and load consumption profiles. The proposed model is implemented for three scenarios, and the obtained results show that the model efficiency has a high performance with a significant electricity cost reduction, around 47%. The results pointed that using an optimal value of single contract power and intelligent management system, the building electricity costs decrease remarkably. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022 2022-01-01T00:00:00Z 2035-12-31T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.22/22112 |
url |
http://hdl.handle.net/10400.22/22112 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1016/j.ijepes.2021.107534 |
dc.rights.driver.fl_str_mv |
metadata only access info:eu-repo/semantics/openAccess |
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metadata only access |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Elsevier |
publisher.none.fl_str_mv |
Elsevier |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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