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dc.contributor.authorMahmud, ASM Ashrafen
dc.date.accessioned2019-05-17T10:31:55Z
dc.date.available2019-05-17T10:31:55Z
dc.date.issued2018-02
dc.identifier.citationMahmud, A.A. (2018) ‘A Real-Time Demand Response Pricing Model for the Smart Grid’. PhD thesis. University of Bedfordshire.en
dc.identifier.urihttp://hdl.handle.net/10547/623301
dc.descriptionSubmitted to the University of Bedfordshire, in partial fulfilment of the requirements for the degree of Doctor of Philosophy (PhD)en
dc.description.abstractThis thesis contributes to a novel model for Real-Time Price Suggestions (RTPS) of the Smart Grid (SG), which is the next generation modern bi-directional grid, particularly with respect to the pricing model. The research employs an experiment-based methodology which includes the use of a simulation technique. The research developed a Demand Response (DR) pricing model. Energy users are keen to reduce their bills, and Energy Providers (EP) is also keen on reducing their industrial costs. The DR model would benefit them both. The model has been tested with the UK-based traditional price value using real-time usage data. Energy users significantly reduced their bill and EP reduced their industrial cost due to load shifting. The Price Control Unit (PCU) and Price Suggestion Unit (PSU) utilise a set of embedded algorithms to vary price based upon demand. This model makes suggestions based on an energy threshold and makes use of Simultaneous Perturbation Stochastic Approximation Methods to produce prices. The results show that bill and peak load reductions benefit both the energy provider and users. The tests on a daily basis and monthly basis both benefit energy users and energy provider. The model has been validated by building a hardware prototype. This model also addresses users’ preferences; if users are non-responsive, they can still reduce their bills. The model contributes significantly to the existing models, and the novel contribution is the PSU which uniquely benefits energy users and provider. Therefore, there is a number of fundamental aspect of contributions to the model RTPS constitutes the final thesis of the PhD. The Real-Time Pricing is a better pricing system, algorithm developed on a daily basis and monthly basis and finally building a hardware prototype.
dc.language.isoenen
dc.publisherUniversity of Bedfordshireen
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subjectsmart griden
dc.subjectdemand responseen
dc.subjectreal timeen
dc.subjectstochastic processen
dc.subjectSPSAen
dc.subjectuser preferenceen
dc.subjectpeak-to-average ratioen
dc.subjectprice suggestion uniten
dc.subjectPSUen
dc.subjectN100 Business studiesen
dc.titleA real-time demand response pricing model for the smart griden
dc.typeThesis or dissertationen
dc.type.qualificationnamePhDen_GB
dc.type.qualificationlevelPhDen
dc.publisher.institutionUniversity of Bedfordshireen
html.description.abstractThis thesis contributes to a novel model for Real-Time Price Suggestions (RTPS) of the Smart Grid (SG), which is the next generation modern bi-directional grid, particularly with respect to the pricing model. The research employs an experiment-based methodology which includes the use of a simulation technique. The research developed a Demand Response (DR) pricing model. Energy users are keen to reduce their bills, and Energy Providers (EP) is also keen on reducing their industrial costs. The DR model would benefit them both. The model has been tested with the UK-based traditional price value using real-time usage data. Energy users significantly reduced their bill and EP reduced their industrial cost due to load shifting. The Price Control Unit (PCU) and Price Suggestion Unit (PSU) utilise a set of embedded algorithms to vary price based upon demand. This model makes suggestions based on an energy threshold and makes use of Simultaneous Perturbation Stochastic Approximation Methods to produce prices. The results show that bill and peak load reductions benefit both the energy provider and users. The tests on a daily basis and monthly basis both benefit energy users and energy provider. The model has been validated by building a hardware prototype. This model also addresses users’ preferences; if users are non-responsive, they can still reduce their bills. The model contributes significantly to the existing models, and the novel contribution is the PSU which uniquely benefits energy users and provider. Therefore, there is a number of fundamental aspect of contributions to the model RTPS constitutes the final thesis of the PhD. The Real-Time Pricing is a better pricing system, algorithm developed on a daily basis and monthly basis and finally building a hardware prototype.


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