Optimal Dispatch of Energy Pricing with Participation of the Renewable Units and Demand Response

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Elfizon, Mohammed. I. Alghamdi, Ahmed Hussien Radhi Alawadi, Ahmed Alzahmi

2025 International Journal of Applied and Computational Mathematics Vol. 11 Issue 3 Article Cited by 1 Quartile

Abstract

With the advent of smart grids, the subscribers are considered as new resources in power systems. The presence of subscribers, as well as the major manufacturers, results in a more competitive market and a better economic condition. Numerous research on demand response, as well as its economic and technical consequences on the market and power systems, have been done in recent years. Alongside the competitive market, new concepts have emerged, such as demand-side management (DSM), which includes activities aimed at modifying the load curve. Implementing this goal requires telecommunications infrastructure and network intelligence tools. DSM can ultimately lead to increased system stability. Dynamic economic dispatch (DED) problem plans the production program of units during the load dispatch period to limit fuel cost. Demand response programs, on the other hand, are focused on enhancing subscriber profitability and network stability, and they will be much more efficient if these two challenges are merged by examining their relationships. One of the key problems of time of use response systems (TOU) will be appropriate pricing across various periods. This paper combines the demand response of TOU, whose main focus is on the consumer side, with DED, whose main focus is on the producer side. The combined issue called DEDTOU is a modern strategy for ideal pricing in which on the one hand, the optimal price to minimize fuel costs in the DED issue, and on the other hand the ideal pricing for various periods of high, medium, and low load is simultaneously determined using the bat algorithm. However, not only have subscriber profits increased but the lowest prices were created to lower unit production costs. In fact, this research aims to present the concept of DEDTOU in terms of its beneficial impacts on consumers and producers. © The Author(s), under exclusive licence to Springer Nature India Private Limited 2025.

Affiliations

Department of Teknik Elektro, Universitas Negeri Padang, Padang, Indonesia; Department of Computer Science, Al-Baha University, Al-Baha, Saudi Arabia; Computer Technical Engineering Department, CollegeofTechnicalEngineering, The Islamic University, Najaf, Iraq; Department of Electrical Engineering, University of Tabuk, Tabuk, 47512, Saudi Arabia