An hour wise device scheduling approach for demand side management in smart grid using particle swarm optimization

Abstract

In this paper, a new approach has been explained for the demand side management strategy. The problem of load shifting in order to minimize the peak demand and reduce the utility cost has been approached in hour wise manner, starting from the first hour till the last hour of the day. To fulfill the objective of load shifting through minimization problem, particle swarm optimization (PSO) algorithm has been modified foe the DSM problem and implemented in three area loads of smart grid i.e. residential, commercial and industrial.