Finding Suitable Market Model for Smart Grids

An agent-based market platform for Smart Grids

The trend towards renewable, decentralized, and highly fluctuating energy suppliers (e.g. photovoltaic, wind power, CHP) introduces a tremendous burden on the stability of future power grids. By adding sophisticated ICT and intelligent devices, various Smart Grid initiatives work on concepts for intelligent power meters, peak load reductions, efficient balancing mechanisms, etc. As in the Smart...

A Fuzzy Multi-Objective Optimization Model for Production and Consumption Management in Energy Micro Smart Grids

Electricity is one of the most important carriers of energy used in buildings. By introducing energy smart grids (SG) and energy micro smart grids (MSGs) alongside smart buildings, a good platform has been provided for optimal planning of electricity production and consumption. In this paper, an MSG consists of renewable resources, diesel generators and cell batteries in bidirectional connectio...

Finding a suitable benchmark for commercial bank branches using DEA

  This paper proposes a suitable benchmark for inefficient commercial bank branches by using Data Envelopment Analysis (DEA). In order to render an inefficient bank branch efficient, it is necessary to decrease inputs and increase outputs. As there are priorities for decreasing some certain inputs and increasing some certain outputs over other inputs and outputs, respectively, it is necessary ...

Smart Grids

Smart - Grids

We build a system dynamics model to evaluate the potential dynamics of consumer adoption of “Smart Energy Behaviour”. Within this term we include different levels of: i) shift in electricity consumption towards less costly-less polluting and congestioning hours; ii) the reduction of mainly wasteful electricity consumption, that maintains similar levels of comfort; iii) the enrolment in demand r...