Operating cost reduction by electricity profiling and demand management

Electricity Demand and Energy Consumption Management System

This project describes the electricity demand and energy consumption management system and its application to Southern Peru smelter. It is composed of an hourly demand-forecasting module and of a simulation component for a plant electrical system. The first module was done using dynamic neural networks with backpropagation training algorithm; it is used to predict the electric power demanded ev...

Evaluation of Electricity Demand Management Policies: Behavioral Economics Approach 

Electricity consumption has been rising with an average annual growth of 7% in Iran and the imbalance in production and consumption has caused power outage crisis and economic losses. More than 50% of peak electricity demand is related to the household sector, so the household sector can be considered as the most effective component of the electricity crisis. Investment costs for the constructi...

Evaluation of Electricity Demand Management Policies: Behavioral Economics Approach 

Electricity consumption has been rising with an average annual growth of 7% in Iran and the imbalance in production and consumption has caused power outage crisis and economic losses. More than 50% of peak electricity demand is related to the household sector, so the household sector can be considered as the most effective component of the electricity crisis. Investment costs for the constructi...

Demand Management in Restructured Wholesale Electricity Markets

Using Combined Forecasts with Changing Weights for Electricity Demand Profiling

Day-ahead half-hourly demand forecasts are required for scheduling and for calculating the daily electricity pool price. One approach predicts turning points on the demand curve and then produces half-hourly forecasts by a heuristic procedure, called profiling, which is based on a past demand curve. This paper investigates possible profiling improvements. Using a cubic smoothing spline in the h...