Economic evaluation of peak shift system using power demand forecasting

Abstract

In this paper, we propose a new power peak shifting system that uses demand forecasting. The study is based on the assumption that a dynamic pricing system has been introduced to an office equipped with a data center. In addition, we report on the results of simulations that show our proposed peak shifting scheme improves system utility and strength through increased economic efficiency, even when the initial costs of supplementary power equipment such as photovoltaic systems and storage batteries are factored in.