Demand-Side Response Load Management Modeling Encountering Electrical Peak Demands in Eastern and Southern Australia- Smart Grid Tools

Abstract—The paper describes a demand-side response scheme consisting of computer-controlled switches operated at end-users premises to shift loads targeting a homogenized national demand profile. The paper presents further simulation of the economic model corresponding to the above described scheme representing an incentive-based demand response. In the simulation the impact of these programs on load shape and peak load magnitudes, financial benefit to users as well as reduction of energy consumption are shown. The results demonstrated more homogenized load curves at lesser peak load magnitudes and reduced energy cost Keywords- Smart grid, demand-side response, load management modeling, peak electrical demand I