Contraction of resilience on generation side due to the introduction of inflexible renewable energy sources is demanding more elasticity on consumption side. It requires more intelligent systems to be implemented to maintain power balance in the grid and to fulfill the consumer needs. This paper is concerned about the energy balance management of the system using intelligent agent-based architecture. The idea is to limit the peak power of each individual household for different defined time regions of the day according to power production during those time regions. Monte Carlo Simulation (MCS) has been employed to study the behavior of a particular number of households for maintaining the power balance based on proposed technique to limit the peak power for each household and even individual load level. Flexibility of two major loads i.e. heating load (heat storage tank) and electric vehicle load (battery) allows us to shift the peaks on demand side proportionally with the generation in real time. Different parameters related to heating and Electric Vehicle (EV) load e.g. State of Charge (SOC), storage capacities, charging power, daily usage, peak demand hours have been studied and a technique is proposed to mitigate the imbalance of power intelligently.
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