@inproceedings{6e5f8fb48d174614bc5592c01ac3c639,
title = "Minimizing the electricity cost of coordinating houses on microgrids",
abstract = "This manuscript presents a comprehensive mathematical model for multi-objective optimization problem of the microgrid. The microgrid consists of houses and local plants, each seen as independent agents with their specific goals. We, also, propose a heuristic algorithm for optimizing the electricity cost by using the concept of load shifting and renewable power sharing among houses in the microgrid for a particular price. The proposed algorithm also minimizes the loss of energy by prioritizing power exchange between houses and minimize discomfort factor. The findings show that houses and micro plants working in microgrid setting can make significant savings. The results also illustrate that the algorithm guarantees that no agent will lose in the microgrid.",
keywords = "energy management, home automation, Microgrid, optimization algorithm, resource allocation",
author = "Mohamed Arikiez and Faisal Alotaibi and Salahedin Rehan and Wesam Rohouma",
note = "Publisher Copyright: {\textcopyright} 2016 IEEE.; 2016 IEEE PES Innovative Smart Grid Technologies Conference Europe, ISGT Europe 2016 ; Conference date: 09-10-2016 Through 12-10-2016",
year = "2016",
month = jul,
day = "2",
doi = "10.1109/ISGTEurope.2016.7856284",
language = "English",
series = "IEEE PES Innovative Smart Grid Technologies Conference Europe",
publisher = "IEEE Computer Society",
booktitle = "ISGT Europe 2016 - IEEE PES Innovative Smart Grid Technologies, Europe",
address = "United States",
}