TY - JFULL AU - Hemant I. Joshi and Vivek J. Pandya PY - 2015/12/ TI - Smart Power Scheduling to Reduce Peak Demand and Cost of Energy in Smart Grid T2 - International Journal of Information and Communication Engineering SP - 1329 EP - 1338 VL - 9 SN - 1307-6892 UR - https://publications.waset.org/pdf/10003876 PU - World Academy of Science, Engineering and Technology NX - Open Science Index 107, 2015 N2 - This paper discusses the simulation and experimental work of small Smart Grid containing ten consumers. Smart Grid is characterized by a two-way flow of real-time information and energy. RTP (Real Time Pricing) based tariff is implemented in this work to reduce peak demand, PAR (peak to average ratio) and cost of energy consumed. In the experimental work described here, working of Smart Plug, HEC (Home Energy Controller), HAN (Home Area Network) and communication link between consumers and utility server are explained. Algorithms for Smart Plug, HEC, and utility server are presented and explained in this work. After receiving the Real Time Price for different time slots of the day, HEC interacts automatically by running an algorithm which is based on Linear Programming Problem (LPP) method to find the optimal energy consumption schedule. Algorithm made for utility server can handle more than one off-peak time period during the day. Simulation and experimental work are carried out for different cases. At the end of this work, comparison between simulation results and experimental results are presented to show the effectiveness of the minimization method adopted. ER -