In this paper, BPSO algorithm is used for DSM implementation in the SG environment. Load shifting technique is applied in the residential and industrial area and shifted the load from peak hours to off-peak hours. Load shifting technique is mathematically formulated and implemented as a minimisation form. In this paper, it has been clearly shown that BPSO based load shifting method can be able to handle a large number of devices of various types compared to the traditional DSM method. The focus of this work is to reduce the peak load demand, electricity cost, PAR as well as to achieve substantial cost savings. BPSO based load shifting method shows the better result in terms of peak load reduction when compared to GA based DSM.
Keywords smart grid, dsm, algorithms, bpso, load shifting