Smart tariff calculator for feed-in tariff scheme of renewable resources

Energy meter billing is an important part in the Energy Management System and Feed-in tariff schemes become more popular in many countries nowadays. However traditional techniques are complicated for getting the tariff values. Therefore, a novel IoT based technique namely Smart TARiff (STAR) calcula...

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Main Authors: Zhi Zhang, Yongqiang Sun
Format: Article
Language:English
Published: Elsevier 2024-02-01
Series:Measurement: Sensors
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2665917423002568
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author Zhi Zhang
Yongqiang Sun
author_facet Zhi Zhang
Yongqiang Sun
author_sort Zhi Zhang
collection DOAJ
description Energy meter billing is an important part in the Energy Management System and Feed-in tariff schemes become more popular in many countries nowadays. However traditional techniques are complicated for getting the tariff values. Therefore, a novel IoT based technique namely Smart TARiff (STAR) calculator has been proposed for calculating the Feed-in tariff for residents which in turn improves the efficiency of the feed-in tariff scheme for renewable resources. The power generated from the solar panel has been stored in batteries. The sensors such as current and voltage sensors are used to measure the voltage and electricity supplied and fuzzy system will calculate the tariff and the calculated tariff will be send to the user via the internet. The experimental findings reveal that the energy generated by the suggested system is three times that of the system without intelligent functionalities. The Proposed approach improves the overall accuracy of the proposed Star, Chip based IoT Electrical Meter, and EMS is 99.03 %, 91.36 %, and 99.03 respectively.
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spelling doaj.art-2a95e1c0b1404ed2a6988646998ad5c42024-01-26T05:34:40ZengElsevierMeasurement: Sensors2665-91742024-02-0131100920Smart tariff calculator for feed-in tariff scheme of renewable resourcesZhi Zhang0Yongqiang Sun1Corresponding author.; State Grid Hebei Marketing Service Center, Shijiazhuang, Hebei, 050000, ChinaState Grid Hebei Marketing Service Center, Shijiazhuang, Hebei, 050000, ChinaEnergy meter billing is an important part in the Energy Management System and Feed-in tariff schemes become more popular in many countries nowadays. However traditional techniques are complicated for getting the tariff values. Therefore, a novel IoT based technique namely Smart TARiff (STAR) calculator has been proposed for calculating the Feed-in tariff for residents which in turn improves the efficiency of the feed-in tariff scheme for renewable resources. The power generated from the solar panel has been stored in batteries. The sensors such as current and voltage sensors are used to measure the voltage and electricity supplied and fuzzy system will calculate the tariff and the calculated tariff will be send to the user via the internet. The experimental findings reveal that the energy generated by the suggested system is three times that of the system without intelligent functionalities. The Proposed approach improves the overall accuracy of the proposed Star, Chip based IoT Electrical Meter, and EMS is 99.03 %, 91.36 %, and 99.03 respectively.http://www.sciencedirect.com/science/article/pii/S2665917423002568Renewable resourcesTariff calculationInternet of ThingsEnergy meter
spellingShingle Zhi Zhang
Yongqiang Sun
Smart tariff calculator for feed-in tariff scheme of renewable resources
Measurement: Sensors
Renewable resources
Tariff calculation
Internet of Things
Energy meter
title Smart tariff calculator for feed-in tariff scheme of renewable resources
title_full Smart tariff calculator for feed-in tariff scheme of renewable resources
title_fullStr Smart tariff calculator for feed-in tariff scheme of renewable resources
title_full_unstemmed Smart tariff calculator for feed-in tariff scheme of renewable resources
title_short Smart tariff calculator for feed-in tariff scheme of renewable resources
title_sort smart tariff calculator for feed in tariff scheme of renewable resources
topic Renewable resources
Tariff calculation
Internet of Things
Energy meter
url http://www.sciencedirect.com/science/article/pii/S2665917423002568
work_keys_str_mv AT zhizhang smarttariffcalculatorforfeedintariffschemeofrenewableresources
AT yongqiangsun smarttariffcalculatorforfeedintariffschemeofrenewableresources