Impact Factor (2025): 6.9
DOI Prefix: 10.47001/IRJIET
Distributed
generation (DG) uses many small onsite energy harvesting deployments at
individual buildings to generate electricity. DG has the potential to make
generation more efficient by reducing transmission and distribution losses,
carbon emissions, and demand peaks. However, since renewables are intermittent
and uncontrollable, buildings must still rely, in part, on the electric grid
for power. While DG deployments today use net metering to offset costs and
balance local supply and demand, scaling net metering for intermittent
renewable to a large fraction of buildings is challenging. In this project, we
explore an alternative approach that combines market-based electricity pricing
models with on-site renewables and modest energy storage (in the form of
batteries) to incentivize DG. We propose a system architecture and optimization
algorithm, called GreenCharge, to efficiently manage the renewable energy and
storage to reduce a building’s electric bill. To determine when to charge and
discharge the battery each day, the algorithm leverages prediction models for
forecasting both future energy demand and future energy harvesting. We evaluate
GreenCharge in simulation using a collection of real-world data sets, and
compare with an oracle that has perfect knowledge of future energy
demand/harvesting and a system that only leverages a battery to lower costs
(without any renewable).
Country : India
IRJIET, Volume 6, Issue 6, June 2022 pp. 205-208