Optimal multi-scale capacity planning for power-intensive continuous processes under time-sensitive electricity prices and demand uncertainty. Part I: Modeling
نویسندگان
چکیده
منابع مشابه
Optimal multi-scale capacity planning for power-intensive continuous processes under time-sensitive electricity prices and demand uncertainty. Part I: Modeling
With the advent of deregulation in electricity markets and an increasing share of intermittent power generation sources, time-sensitive electricity prices (as part of so-called demand-side management in the smart grid) offer potential economical incentives for large industrial customers. These incentives have to be analyzed from two perspectives. First, on an operational level, aligning the pro...
متن کاملOptimal multi-scale capacity planning for power-intensive continuous processes under time-sensitive electricity prices and demand uncertainty. Part II: Enhanced hybrid bi-level decomposition
We describe a hybrid bi-level decomposition scheme that addresses the challenge of solving a large-scale two-stage stochastic programming problem with mixed-integer recourse, which results from a multi-scale capacity planning problem as described in part I of this paper series. The decomposition scheme combines bi-level decomposition with Benders decomposition, and relies on additional strength...
متن کاملOptimal production planning under time-sensitive electricity prices for continuous power-intensive processes
Power-intensive processes can lower operating expenses when adjusting production planning according to time-dependent electricity pricing schemes. In this paper, we describe a deterministic MILP model that allows optimal production planning for continuous powerintensive processes. We emphasize the systematic modeling of operational transitions, that result from switching the operating modes of ...
متن کاملRobust Scheduling under Time-sensitive Electricity Prices for Continuous Powerintensive Processes
Optimization models for the production scheduling of power-intensive processes such as air separation can help realizing significant economical savings. However, if the electricity is procured in the dayahead or real-time market, the forecast for the hourly electricity prices contains a significant amount of uncertainty. In this work, we apply robust optimization to the uncertain electricity pr...
متن کاملDEMO Based Optimal Power Purchase Planning Under Electricity Price Uncertainty
Due to the deregulation of the Electric Supply Industry and the resulting emergence of electricity market, the volumes of power purchases are on the rise all over the world. In a bid to meet the customer’s demand in a reliable and yet economic manner, utilities purchase power from the energy market over and above its own production. This paper aims at developing an optimal power purchase model ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Computers & Chemical Engineering
سال: 2014
ISSN: 0098-1354
DOI: 10.1016/j.compchemeng.2014.01.016