Demand Side Load Management using Particle Swarm Optimization Algorithm With Cost Effectiveness Study on Residential Consumers
The concept of demand side management (DSM) mainly used to reduce the power demand followed by improving the incentives for the growth of customer. Demand in the power sector is keeping on increase due to the rapid growth of appliances and also the customer growth. Demand side management mainly deals with the improvement in electricity production. Peak clipping, strategic protection, and valley filling strategies were the load management techniques normally used to satisfy the load size. This paper also explains about the optimal power flow (OPF) method and how to optimize the energy usage . In this paper five house hold appliances of residential consumer is considered and PSO algorithm is used to optimize the energy consumption charges.