Load balancing in smart grids using multi-objective evolutionary optimization technique

Abstract

The work concerns the balance between the supplied and consumed power in a residential area. An optimization task is formulated and solved. The re-formulation of the optimization task to include renewables is also provided. It was revealed in the results that with the proposed optimization technique, a significant reduction in the energy usage cost and the waiting time of the appliances (delay) for residential consumers can be achieved.This work can be used in smart home and smart cities applications.