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- Title
MINIMIZATION OF ELECTRICITY CONSUMPTION COST OF A TYPICAL FACTORY.
- Authors
Chaudhry, N. A.; Chaudhry, S. S.; Junaid, A.; Ali, J.; Chaudhry, Q. A.
- Abstract
The difference between the price of one Kilowatt-hour (KWh) during peak and normal hours was significantly high. The reduction in electricity consumption cost has drawn the attention towards optimal schedule. In this paper we developed a physical based optimization model that utilizes linear programming technique for minimizing electricity cost by rescheduling the specific load in such a way that all the requirements of the industry are fulfilled. The proposed model was implemented on load management problem of typical factory as a case study. The results showed that the significant reduction in peak electricity load was possible. As a result of rescheduling the load factor was improved that caused the reduction in the electricity consumption cost.
- Subjects
ELECTRICITY; ENERGY consumption; MATHEMATICAL optimization; ENERGY industries; LINEAR programming
- Publication
Pakistan Journal of Science, 2014, Vol 66, Issue 3, p252
- ISSN
0030-9877
- Publication type
Article