ABSTRACT
Modernization of the power grid to meet the growing demand requires significant amount of operational, technological, and infrastructural overhaul. The Department of Energy's "Grid 2030" strategic vision outlines the action plan to alleviate the concerns through the development of a "Smart Grid" (SG). Key emphasis is placed on the role of consumers and their level of interaction with the power grid. Demand response (DR), distributed generation (DG) and distributed energy storage (DES) are some of the key energy management strategies areas within the smart grid paradigm. Majority of the DR programs is currently being supported by commercial and industrial sectors. With the introduction of plug-in hybrid electric vehicles (PHEVs) and advancements in communication, additional avenues for residential consumers to participate in DR programs is expected to open up. This paper first presents the idea behind the SG and the importance of DR. Currently available DR programs and their benefits are quantified across different regions. Specific DR programs suited for PHEV participation are studied. The economic benefits of controlled charging for the PHEV owner is also evaluated.
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Index Terms
- Intelligent energy management: impact of demand response and plug-in electric vehicles in a smart grid environment
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