TELKOMNIKA Telecommunication Computing Electronics and Control
Appropriateness of EToU electricity tariff program for industrial type consumers: an investigation of cost benefit

TELKOMNIKA Telecommunication Computing Electronics and Control
Appropriateness of EToU electricity tariff program for industrial type consumers: an investigation of cost benefit

Ant colony optimization
Demand response
Demand side management
Electricity tariff
Particle swarm optimization

In mitigating the peak demand, the energy authority in Malaysia has
introduced the enhanced time of use (EToU). However, the number of
participants joining the programs is less than expected. Due to that reason,
this study investigated the investment benefit in terms of electricity cost
reduction when consumers subscribe to the EToU tariff scheme.
The significant consumers from industrial tariff types have been focused on
where the load profiles were collected from the incoming providers’ power
stations. Meanwhile, ant colony optimization (ACO) and particle swarm
optimization (PSO) are applied to optimize the load profiles reflecting EToU
tariff prices. The proposed method had shown a reduction in electricity cost,
and the most significant performance has been recorded congruently. For a
maximum 30% load adjustment using ACO optimization, the electricity
costs have been decreased by 10% (D type of tariff), 16% (E1 type of tariff),
9% (E2 kind of tariff), and 1.13% (E3 type of tariff) when compared to the
existing conventional tariff. The cost-benefit of the EToU tariff switching
has been identified where the simple payback period (SPP) is below one year
for all the industrial types of consumers.

Mohamad Fani Sulaima, Farah Anishah Zaini, Amira Noor Farhanie Ali, Intan Azmira Wan Abdul Razak, Elia Erwani Hassan, Nur Elida Mohamad Zahari

http://telkomnika.uad.ac.id

Aug 18, 2022

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