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http://dx.doi.org/10.5370/KIEE.2011.60.3.517

A Study on Determination of Optimal Incentives of DSM Programs by Linear Programming  

Lee, Byung-Ha (인천대 공대 전기공학과)
Kim, Jung-Hoon (홍익대 공대 전자전기공학부)
Publication Information
The Transactions of The Korean Institute of Electrical Engineers / v.60, no.3, 2011 , pp. 517-523 More about this Journal
Abstract
A lot of DSM (Demand Side Management) programs have been implemented to promote the effective utilization of resources and the rational development of power industry, and various economic analyses and policy-based studies on DSM have been executed to determine effective subsidy budget. In this paper, a new objective function for deciding an optimal incentive allocation among various programs is presented by introducing the maximization of the total saving power of the programs. For simplicity, the objective function and the constraints is linearized to apply LP(Linear Programming) method. LP program based on Simplex Method was developed by MATLAB. An optimal incentive allocation of 4 DSM programs is presented by the use of the developed MATLAB program.
Keywords
DSM; Optimal incentive; Linear programming; Objective function; Simplex method;
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