With the latest development of smart grid technology, the energy management system can be efficiently implemented at consumer premises. In this paper, an energy management system with wireless communication and smart meter are designed for scheduling the electric home appliances efficiently with an aim of reducing the cost and peak demand. For an efficient scheduling scheme, the appliances are ...

Many new demand response strategies are emerging for energy management in smart grids. Real-Time Energy Pricing (RTP) is one important aspect of consumer Demand Side Management (DSM), which encourages consumers to participate in load scheduling. This can help reduce peak demand and improve power system efficiency. The use of Intelligent Decision Support Systems (IDSSs) for load scheduling has b...

Utilities use demand response to shift or reduce electricity usage of flexible loads, to better match electricity demand to power generation. A common mechanism is peak pricing (PP), where consumers pay reduced (increased) prices for electricity during periods of low (high) demand, and its simplicity allows consumers to understand how their consumption affects costs. However, new consumer techn...

In the multi-disciplinary field of smart grids, renewable energy generation technologies have been developed in commercial and residential scale to allow decentralised energy generation and to secure supply. Furthermore, devices and algorithms have been designed to autonomously act in demand response scenarios. Although these advances have been made, their actual impact on large-scale smart gri...

In smart grid paradigm, the consumer demands are random and time-dependent, owning towards stochastic probabilities. The stochastically varying consumer demands have put the policy makers and supplying agencies in a demanding position for optimal generation management. The utility revenue functions are highly dependent on the consumer deterministic stochastic demand models. The sudden drifts in...

This study aims to investigate the effect of perceived value of banking services on the key indicators of consumer behavior. The study population includes the customers of private banks in Tehran City. The data collection tool used in this study is a questionnaire the face validity of which was confirmed by the experts and respondents and the reliability of which was measured and confirmed usin...