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Approach for Dynamic Price-Based Demand Side Management in Cyber-Physical Production Systems

William Motsch, Alexander David, Keran Sivalingam, Achim Wagner, Martin Ruskowski

2020Procedia Manufacturing13 citationsDOIOpen Access PDF

Abstract

Nowadays, the potential of intelligent energy management concepts varies in many areas, e.g. smart energy usage. Trends in the energy sector for electricity depend on various factors. One factor is the fluctuating supply and distribution of renewable energy, leading to a necessary load control of smart grids. Another one is the need for a more flexible demand side management, especially for the manufacturing industry. Based on the increasing connectivity of modular Cyber-Physical Production Systems (CPPS), new opportunities of demand side management concepts can be identified. The aim of this paper is to show an approach for a dynamic price-based Demand Side Management (DSM) in CPPS, with regards to economic and technological aspects. We focus on DSM and dynamic pricing for a CPPS-side interaction with smart grids and markets in the energy sector for electricity. Furthermore, the meaning of collecting, transforming and learning from data about energy consumption by using CPPS and the resulting possibilities for DSM will be shown. Based on these findings, possible impacts for manufacturers will be identified, e.g. possibilities for a better resource adaptation of electrical energy, which is related to production planning data or the identification for reconfiguration of production processes.

Topics & Concepts

Smart gridDynamic pricingControl reconfigurationEnergy managementCyber-physical systemDemand managementEnvironmental economicsDemand responseRenewable energyProduction (economics)Demand sideSupply and demandComputer scienceRisk analysis (engineering)ElectricityBusinessEngineeringEconomicsEnergy (signal processing)MicroeconomicsMarketingEmbedded systemMathematicsOperating systemMacroeconomicsStatisticsElectrical engineeringSmart Grid Energy ManagementEnergy Efficiency and ManagementFlexible and Reconfigurable Manufacturing Systems
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