Optimal production planning of a power plant
2009 (English)In: 2009 IEEE International Conference on Control and Automation, ICCA 2009, IEEE , 2009, 819-824 p.Conference paper (Refereed)
This paper addresses the problem of planning the usage of actuators optimally in an economic perspective. The objective is to maximize the profit of operating a given plant during 24 hours of operation. Models of two business objectives are formulated in terms of system states and the monetary value of these objectives is established. Based on these and the cost of using the different actuators a profit function has been formulated. The optimization of the profit is formulated as an optimal control problem where the constraints include the dynamics of the plant as well as a requirement to reference tracking. A power plant is considered in this paper, where the fuel system consists of three different fuels; coal, gas, and oil.
Place, publisher, year, edition, pages
IEEE , 2009. 819-824 p.
Business objectives, Economic perspective, Monetary value, Optimal control problem, Optimal production, Profit function, Reference-tracking, System state, Actuators, Production control, Profitability, Optimization
IdentifiersURN: urn:nbn:se:kth:diva-152381DOI: 10.1109/ICCA.2009.5410542ISI: 000280542300142ScopusID: 2-s2.0-77950385397ISBN: 978-142444706-0OAI: oai:DiVA.org:kth-152381DiVA: diva2:754526
2009 IEEE International Conference on Control and Automation, ICCA 2009, 9 December 2009 through 11 December 2009, Christchurch, New Zealand
QC 201410102014-10-102014-09-262014-10-10Bibliographically approved