Single contract power optimization: A novel business model for smart buildings using intelligent energy management

Detalhes bibliográficos
Autor(a) principal: Foroozandeh, Zahra
Data de Publicação: 2022
Outros Autores: Ramos, Sérgio, Soares, João, Vale, Zita, Dias, Maurício
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.
id RCAP_69c15c1d84311592cc62b3a4f570642d
oai_identifier_str oai:recipp.ipp.pt:10400.22/22112
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling 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
rights_invalid_str_mv 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
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799131507999113216