Smart Energy Management System for Minimizing Electricity Cost and Peak to Average Ratio in Residential Areas with Hybrid Genetic Flower Pollination Algorithm

Demand Side Management (DSM) plays a significant role in the smart grid to minimize Electricity Cost (EC). Home Energy Management Systems (HEMSs) have recently been studied and proposed explicitly for HEM. In this paper, we propose a novel nature-inspired hybrid Genetic Flower Pollination Algorithm (GFPA) to minimize cost with an affordable delay in appliance scheduling. Our proposed GFPA algorithm combines elements of the Genetic Algorithm (GA) and Flower Pollination Algorithm (FPA) to create a hybrid approach. To assess the effectiveness of the proposed algorithm, we consider a scalable town consisting of 1, 10, 30, and 50 homes, respectively. The proposed solution finds an optimal scheduling pattern that simultaneously minimizes EC and Peak to Average Ratio (PAR) while maximizing User Comfort (UC). We assume that all homes are homogeneous regarding appliances and power consumption patterns. Simulation results show that our proposed scheme GFPA performs better when applying Critical Peak Pricing (CPP) signal using different Operational Time Intervals (OTIs) and compared with unscheduled, GA, and FPA-based solutions in terms of reducing cost since they achieve on average 98%, 36%, 23%, and 22%, respectively. Similarly, PAR averages 98%, 36%, 59%, and 55%, respectively. While, UC comparing to GA and FPA, are around 88%, 48%, and 63%, respectively. Our proposed scheme achieves better results by applying Real Time Pricing (RTP) signals and different OTIs. As these schemes, i.e., unscheduled, GA, FPA, and GFPA, achieve cost on average 92%, 50%, 29%, and 28%, respectively. While PAR on average 94%, 39%, 62%, and 56%, and UC for GA, FPA, and GFPA on average 98%, 52%, and 49%, respectively. Overall, ourproposed GFPA algorithm offers a more effective solution for minimizing EC with an affordable delay in appliance scheduling while considering PAR and UC.