Demand-Side Management Optimization Using Genetic Algorithms: A Case Study

This paper addresses the optimization of contracted electricity demand (CD) for commercial and industrial entities, focusing on cost reduction within the Brazilian time-of-use electricity tariff scheme. Leveraging genetic algorithms (GAs), this study proposes a practical approach to determining the...

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Bibliographic Details
Main Authors: Lauro Correa dos Santos Junior, Jonathan Muñoz Tabora, Josivan Reis, Vinicius Andrade, Carminda Carvalho, Allan Manito, Maria Tostes, Edson Matos, Ubiratan Bezerra
Format: Article
Language:English
Published: MDPI AG 2024-03-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/17/6/1463
Description
Summary:This paper addresses the optimization of contracted electricity demand (CD) for commercial and industrial entities, focusing on cost reduction within the Brazilian time-of-use electricity tariff scheme. Leveraging genetic algorithms (GAs), this study proposes a practical approach to determining the optimal CD profile, considering the complex dynamics of energy demand on a city-like load. The methodology is applied to a case study at the Federal University of Pará, Brazil, where energy efficiency and demand response initiatives as well as renewable energy projects are underway. The findings highlight the significance of tailored demand management strategies in achieving energy-related cost reduction for large-scale consumers, with implications for economic efficiency in energy consumption.
ISSN:1996-1073