Smart grid (SG) represents intelligent technologies used to address the climate change. Demand side management (DSM) is an essential part of the SG. This paper establishes a layered model for the DSM. The model involves three participants: power generators, including renewable energy sources, demand response (DR) aggregator, and consumers. The revenue of the DR aggregator is analyzed. The discomfortable level caused by the DSM is considered for consumers. This model leads to a multiobjective (MO) problem. An MO evolutionary algorithm is used to find the Pareto front, facilitating the selection of a fair solution. Simulation results illustrate the feasibility of the proposed approach.
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