Paper Title
A Review on Demand Side Management in Smart Grid
Abstract
Demand side management methodology implementation make sure a demand (energy) management by day
ahead scheduling of energy utilization through the customers instead of constructing new generating power plants and
transmission units, which can result in the reduction of peak load. In today’s smart grid management system Demand side
management techniques are used to improve the grid efficiency by reducing peak and overall consumption as well as overall
cost. The main challenge faces while implementing DSM is the knowledge for daily behavior of loads in Power System.
Demand side management programs has importance in Smart grid to made change consumption and its pattern of the user’s
loads. In this review paper various optimization methods and its implementation is discussed to reduce the energy
consumption during peak hours. DSM methodology can be mutually beneficial for the both consumers and utility by the
required peak period reduction and saving in cost.
Keywords - Demand Side Management, Peak Deficit, Load Scheduling, Implementation Strategies, Energy Consumption