Smart Devices for Demand Side Power Consumption Management

Demand side power consumption management will become increasingly important in the near future, as power networks move from a “consumption-oriented generation” to a “generation-oriented consumption” paradigm. This requires decision making capabilities at the demand side for deciding how much power will be consumed, when energy prices fluctuate or demand responses are requested. The goal of this research is to develop a generic system which enables individual devices to autonomously determine their power consumption. The proposed system for smart devices is based on the concept of intelligent products, in which decision making agents provide intelligence to individual devices, turning them into smart devices capable of managing their power consumption. The evaluation demonstrates the feasibility and usefulness of the proposed system.