Abstract
Growing electricity demand shoots the challenge of maintaining a supply-demand balance, especially during peak hours. Failure of this stimulates the system’s stability problems and may lead to a blackout. This raised the need for new power generation installations associated with huge costs. Instead, the Demand-side Management (DSM) techniques were adopted to balance the existing infrastructure for a sustainable energy supply. They motivate optimal, reliable and efficient ways of energy utilisation. This paper presents an overview of DSM and its subcategories, benefits and potential challenges in its implementation with a focus on the residential sector. This also highlights rebound peaks caused by Demand Response and the need for renewable power resources at consumer premises for better load management. Moreover, DR techniques can be best implemented with emerging networking and communication technologies, such as the Internet of Things, Artificial Intelligence and Blockchain. Hence the paper highlights their future scope and importance in residential DR under the smart grid paradigm.
Disclosure statement
No potential conflict of interest was reported by the author(s).