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Optimized Energy Consumption and Demand Side Management in Smart Grid

Optimized Energy Consumption and Demand Side Management in Smart Grid

Sadiq Ahmad, Ayaz Ahmad, Raziq Yaqub
Copyright: © 2018 |Pages: 25
ISBN13: 9781522525899|ISBN10: 1522525890|EISBN13: 9781522525905
DOI: 10.4018/978-1-5225-2589-9.ch025
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MLA

Ahmad, Sadiq, et al. "Optimized Energy Consumption and Demand Side Management in Smart Grid." Smart Technologies: Breakthroughs in Research and Practice, edited by Information Resources Management Association, IGI Global, 2018, pp. 550-574. https://doi.org/10.4018/978-1-5225-2589-9.ch025

APA

Ahmad, S., Ahmad, A., & Yaqub, R. (2018). Optimized Energy Consumption and Demand Side Management in Smart Grid. In I. Management Association (Ed.), Smart Technologies: Breakthroughs in Research and Practice (pp. 550-574). IGI Global. https://doi.org/10.4018/978-1-5225-2589-9.ch025

Chicago

Ahmad, Sadiq, Ayaz Ahmad, and Raziq Yaqub. "Optimized Energy Consumption and Demand Side Management in Smart Grid." In Smart Technologies: Breakthroughs in Research and Practice, edited by Information Resources Management Association, 550-574. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-2589-9.ch025

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Abstract

This chapter reviews prevailing methodologies and future techniques to optimize energy consumption. It discerns that smart grid provides better tools and equipment to control and monitor the consumer load, and optimize the energy consumption. Smart grid is essentially composed of smart energy equipment, advance metering infrastructure and Phasor Measurement Units (Synchrophaors) that helps to achieve optimized energy consumption. The chapter also places focus on demand side management and optimized energy consumption scheduling; and establishes that both, the utilities, as well as the users can play a vital role in intelligent energy consumption and optimization. The literature review also reveals smart protection, self-healing systems and off-peak operation result in minimizing transmission and distribution losses, as well as optimizing the energy consumption.

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