@inproceedings{13ba009ad40947fd9fe294506848463e,
title = "Optimal incentivized demand response and building retrofits",
abstract = "In this work a mathematical model is formulated for the South African demand response program which incentivizes customers to replace inefficient energy appliances with energy efficient ones. Individual customers should achieve power savings of between 1 kW to 250 kW, and energy savings of at least 2 MWh per annum. The model's objective function is to maximize the customer's benefit and energy cost savings in light of the incentive provided by the utility. A number of utility defined requirements for program participation serve as the constraints for the mathematical model. The customer's budget is also added as a constraint to the model. The model determines the optimal number of retrofits a customer should perform. Different scenarios are investigated and establish the robustness of the model.",
keywords = "building retrofits, demand response, energy cost savings, mathematical model",
author = "Nnamdi Nwulu and Yanxia Sun",
note = "Publisher Copyright: {\textcopyright} 2016 IEEE.; 3rd International Conference on Advances in Computing, Communication and Engineering, ICACCE 2016 ; Conference date: 28-11-2016 Through 29-11-2016",
year = "2017",
month = oct,
day = "18",
doi = "10.1109/ICACCE.2016.8073785",
language = "English",
series = "Proceedings - 2016 3rd International Conference on Advances in Computing, Communication and Engineering, ICACCE 2016",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "418--422",
editor = "Vishal Kumar and Singh, {Upasana Gitanjali} and Sudarsan, {S D}",
booktitle = "Proceedings - 2016 3rd International Conference on Advances in Computing, Communication and Engineering, ICACCE 2016",
address = "United States",
}
