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In this paper, we propose a new power peak shifting system that uses demand forecasting. The study is based on the assumption that a dynamic pricing system has been introduced to an office equipped with a data center. In addition, we report on the results of simulations that show our proposed peak shifting scheme improves system utility and strength through increased economic efficiency, even when...
The economic efficiency of photovoltaic (PV) and battery systems for residential power distribution is evaluated quantitatively for the first time under a rate system using electricity prices that change at hourly intervals (i.e., real-time pricing, RTP). The evaluation model assumes that the option price of a feed-in tariff (FIT) decreases continuously. The proposed operational method focuses on...
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