Authors:-Â Varun Vadluri, Arjun Golani, Dr. Guduri Sairanjith
Abstract:-Â A customer-owned grid is become more prevalent as hybrid energy sources like solar and wind power develop. It gives normal customers the chance to get inexpensive energy prices and gives the power supplier the ability to control the utility infrastructure. Smart systems must be created in order to submit energy demand schedules and track energy price signals in real-time without the involvement of clients. This study presents smart preparation of electrical appliances and demand-side energy management for a grid-connected household. Additionally, it lowers the customers on the grid's power bill. Additionally, during periods of strong production, the customer-owned grid's excess energy is transferred to the larger grid or nearby microgrids. Using Lab VIEW software, the simulation of the full system is displayed.
Keywords:-Â Distributed renewable energy resource, power storage devices, scheduling, smart meters, smart micro grid, and electric vehicle.
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