A novel pricing scheme for the future smart grid: a preliminary study

Energy is the important material basis, on which the human depends for survival and development, but the energy will be exhausted gradually and the environment has been worsened increasingly with the progress and development of human society. Smart Grid becomes the present trend of the power grids a...

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Bibliographic Details
Main Author: Huang, Yi
Other Authors: Xiao Gaoxi
Format: Final Year Project (FYP)
Language:English
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10356/61480
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author Huang, Yi
author2 Xiao Gaoxi
author_facet Xiao Gaoxi
Huang, Yi
author_sort Huang, Yi
collection NTU
description Energy is the important material basis, on which the human depends for survival and development, but the energy will be exhausted gradually and the environment has been worsened increasingly with the progress and development of human society. Smart Grid becomes the present trend of the power grids all over the world. It will supply more reliability, efficiency, flexibility, quality and security of service than the current grids. This paper gives an introduction of the emerging power grid and the function of Smart Grid as well as smart meter. Then a new pricing scheme in Smart Grid system is proposed. Using mathematical model and simulations of MATLAB, behaviors of customers in this new pricing system have been analyzed to conclude some significant results.
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spelling ntu-10356/614802023-07-07T15:51:29Z A novel pricing scheme for the future smart grid: a preliminary study Huang, Yi Xiao Gaoxi School of Electrical and Electronic Engineering DRNTU::Engineering::Electrical and electronic engineering Energy is the important material basis, on which the human depends for survival and development, but the energy will be exhausted gradually and the environment has been worsened increasingly with the progress and development of human society. Smart Grid becomes the present trend of the power grids all over the world. It will supply more reliability, efficiency, flexibility, quality and security of service than the current grids. This paper gives an introduction of the emerging power grid and the function of Smart Grid as well as smart meter. Then a new pricing scheme in Smart Grid system is proposed. Using mathematical model and simulations of MATLAB, behaviors of customers in this new pricing system have been analyzed to conclude some significant results. Bachelor of Engineering 2014-06-10T08:21:50Z 2014-06-10T08:21:50Z 2014 2014 Final Year Project (FYP) http://hdl.handle.net/10356/61480 en Nanyang Technological University 49 p. application/pdf
spellingShingle DRNTU::Engineering::Electrical and electronic engineering
Huang, Yi
A novel pricing scheme for the future smart grid: a preliminary study
title A novel pricing scheme for the future smart grid: a preliminary study
title_full A novel pricing scheme for the future smart grid: a preliminary study
title_fullStr A novel pricing scheme for the future smart grid: a preliminary study
title_full_unstemmed A novel pricing scheme for the future smart grid: a preliminary study
title_short A novel pricing scheme for the future smart grid: a preliminary study
title_sort novel pricing scheme for the future smart grid a preliminary study
topic DRNTU::Engineering::Electrical and electronic engineering
url http://hdl.handle.net/10356/61480
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