Green Building: Load Management Scheme for Flattening Household Electricity Usage or Demand

Abstract

Flattening household electricity demand reduces generation costs, since costs are disproportionately affected by peak demands. Buildings today consume more energy than either of society?s other broad sectors of energy consumption industry and transportation. As a result, nearly half (47%) of energy use in residential buildings is lost in electricity transmission and distribution (T&D) from far-away power plants to distant homes. An important way to decrease both T&D losses and carbon emissions is through distributed generation (DG) from many small on-site renewable energy sources deployed at individual buildings and homes. Distributed generation (DG) uses many small onsite energy harvesting deployments at individual buildings to generate electricity. DG has the potential to make generation more efficient by reducing transmission and distribution losses, carbon emissions, and demand peaks. In this paper, we explore an alternative approach that combines market-based electricity pricing models with on-site renewables and modest energy storage (in the form of batteries) to incentivize DG called Green Building. The objectives of green charge is to develop an alternative approach that combines market-based electricity pricing models with on-site renewable and modest energy storage (in the form of batteries) to incentivize DG (Distributed Generation). We propose a system architecture and optimization algorithm, called Green Building, to efficiently manage the renewable energy and storage to reduce a building?s electric bill.