Multi-Objective Optimization of Time-of-Use Price for Tertiary Industry Based on Generalized Seasonal Multi- Model Structure

In the smart grid, the demand-side management of power load plays an essential role to improve power load curve where time-of-use (TOU) price incentive is widely used to mobilize the multi-time-scale response ability of demand-side. Considering the seasonal and daily characteristics of user power lo...

Full description

Bibliographic Details
Main Authors: Yang Hu, Yunzhi Li, Longjin Chen
Format: Article
Language:English
Published: IEEE 2019-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/8754692/
_version_ 1831646732575834112
author Yang Hu
Yunzhi Li
Longjin Chen
author_facet Yang Hu
Yunzhi Li
Longjin Chen
author_sort Yang Hu
collection DOAJ
description In the smart grid, the demand-side management of power load plays an essential role to improve power load curve where time-of-use (TOU) price incentive is widely used to mobilize the multi-time-scale response ability of demand-side. Considering the seasonal and daily characteristics of user power load, in this paper, the dynamic multi-objective optimization of TOU price under multi-model structure is mainly studied. First, the preprocessing of raw power load data is systematically discussed, including abnormal data elimination and missing data reconstruction. Then, combining adaptive affinity propagation (adAP) clustering and fuzzy k-nearest neighbor (FKNN) clustering, generalized seasons are divided while peak-flat-valley time periods are redivided for each season. Subsequently, a frequency-separated demand response model structure involving steady-state and uncertainty terms is built to approach actual user load response with balanced model complexity and accuracy. For each seasonal model using this structure, the multi-objective optimization problem of TOU price is formed where non-dominated sorting genetic algorithm-II (NSGA-II) with probabilistic deviation sorting order strategy is proposed to select the balance optimal solutions. Finally, the effectiveness of the above methods is validated. The simulation results show that if the optimized seasonal TOU prices are adopted, the power load curve can be obviously improved increasing load rate, reducing electricity price expenditure, and ensuring user satisfaction degree.
first_indexed 2024-12-19T14:01:05Z
format Article
id doaj.art-647a994559464ba8acbbb7619b4adbf9
institution Directory Open Access Journal
issn 2169-3536
language English
last_indexed 2024-12-19T14:01:05Z
publishDate 2019-01-01
publisher IEEE
record_format Article
series IEEE Access
spelling doaj.art-647a994559464ba8acbbb7619b4adbf92022-12-21T20:18:28ZengIEEEIEEE Access2169-35362019-01-017892348924410.1109/ACCESS.2019.29265948754692Multi-Objective Optimization of Time-of-Use Price for Tertiary Industry Based on Generalized Seasonal Multi- Model StructureYang Hu0https://orcid.org/0000-0001-9079-6978Yunzhi Li1Longjin Chen2School of Control and Computer Engineering, North China Electric Power University, Beijing, ChinaSchool of Control and Computer Engineering, North China Electric Power University, Beijing, ChinaHainan Power Grid Corporation, Haikou, ChinaIn the smart grid, the demand-side management of power load plays an essential role to improve power load curve where time-of-use (TOU) price incentive is widely used to mobilize the multi-time-scale response ability of demand-side. Considering the seasonal and daily characteristics of user power load, in this paper, the dynamic multi-objective optimization of TOU price under multi-model structure is mainly studied. First, the preprocessing of raw power load data is systematically discussed, including abnormal data elimination and missing data reconstruction. Then, combining adaptive affinity propagation (adAP) clustering and fuzzy k-nearest neighbor (FKNN) clustering, generalized seasons are divided while peak-flat-valley time periods are redivided for each season. Subsequently, a frequency-separated demand response model structure involving steady-state and uncertainty terms is built to approach actual user load response with balanced model complexity and accuracy. For each seasonal model using this structure, the multi-objective optimization problem of TOU price is formed where non-dominated sorting genetic algorithm-II (NSGA-II) with probabilistic deviation sorting order strategy is proposed to select the balance optimal solutions. Finally, the effectiveness of the above methods is validated. The simulation results show that if the optimized seasonal TOU prices are adopted, the power load curve can be obviously improved increasing load rate, reducing electricity price expenditure, and ensuring user satisfaction degree.https://ieeexplore.ieee.org/document/8754692/Demand price elastic matrixmulti-objective optimizationpeak-flat-valley time periodsseasonal demand-side responsetime-of-use priceunsupervised clustering
spellingShingle Yang Hu
Yunzhi Li
Longjin Chen
Multi-Objective Optimization of Time-of-Use Price for Tertiary Industry Based on Generalized Seasonal Multi- Model Structure
IEEE Access
Demand price elastic matrix
multi-objective optimization
peak-flat-valley time periods
seasonal demand-side response
time-of-use price
unsupervised clustering
title Multi-Objective Optimization of Time-of-Use Price for Tertiary Industry Based on Generalized Seasonal Multi- Model Structure
title_full Multi-Objective Optimization of Time-of-Use Price for Tertiary Industry Based on Generalized Seasonal Multi- Model Structure
title_fullStr Multi-Objective Optimization of Time-of-Use Price for Tertiary Industry Based on Generalized Seasonal Multi- Model Structure
title_full_unstemmed Multi-Objective Optimization of Time-of-Use Price for Tertiary Industry Based on Generalized Seasonal Multi- Model Structure
title_short Multi-Objective Optimization of Time-of-Use Price for Tertiary Industry Based on Generalized Seasonal Multi- Model Structure
title_sort multi objective optimization of time of use price for tertiary industry based on generalized seasonal multi model structure
topic Demand price elastic matrix
multi-objective optimization
peak-flat-valley time periods
seasonal demand-side response
time-of-use price
unsupervised clustering
url https://ieeexplore.ieee.org/document/8754692/
work_keys_str_mv AT yanghu multiobjectiveoptimizationoftimeofusepricefortertiaryindustrybasedongeneralizedseasonalmultimodelstructure
AT yunzhili multiobjectiveoptimizationoftimeofusepricefortertiaryindustrybasedongeneralizedseasonalmultimodelstructure
AT longjinchen multiobjectiveoptimizationoftimeofusepricefortertiaryindustrybasedongeneralizedseasonalmultimodelstructure