Developing a Multiple-Objective Demand Response Algorithm for the Residential Context

Energy grids are facing various challenges, such as new appliances and volatile generation. As grid reliability and cost benefits are endangered, managing appliances becomes increasingly important. Demand Response (DR) is one possibility to contribute to this task by shifting and managing electrical loads. DR can address multiple objectives. However, current research lacks of algorithms addressing these objectives sufficiently. Thus, we aim to develop a DR algorithm that considers multiple DR objectives. For evaluation, we implemented the algorithm and formulated demonstration cases for a simulation. The evaluated algorithm contributes for example to users and energy providers by realizing various benefits.