2016
DOI: 10.1016/j.cherd.2016.10.006
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Enterprise-wide optimization for industrial demand side management: Fundamentals, advances, and perspectives

Abstract: The active management of electricity demand, also referred to as demand side management (DSM), has been recognized as an effective approach to increase power grid performance and consumer benefits. Being large electricity consumers, the power-intensive process industries play a key role in DSM. In particular, enterprise-wide optimization (EWO) for industrial DSM has emerged as a major area of interest for both researchers and practitioners. In this work, we introduce the reader to the fundamentals of power sys… Show more

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Cited by 124 publications
(72 citation statements)
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“…From the analysis of the scientific literature, it is thus evident that no studies focus on the integration of electric MMHE activity scheduling and the optimal management of their charging stations. In this context, the application of intelligent DSM to industrial electric equipment is rapidly gaining momentum in the scientific research and industry [11]. Similarly to the residential DSM, where energy users schedule their domestic activities in accordance with demand response mechanisms [42], load scheduling has recently attracted significant attention in the industrial sector.…”
Section: Literature Reviewmentioning
confidence: 99%
See 1 more Smart Citation
“…From the analysis of the scientific literature, it is thus evident that no studies focus on the integration of electric MMHE activity scheduling and the optimal management of their charging stations. In this context, the application of intelligent DSM to industrial electric equipment is rapidly gaining momentum in the scientific research and industry [11]. Similarly to the residential DSM, where energy users schedule their domestic activities in accordance with demand response mechanisms [42], load scheduling has recently attracted significant attention in the industrial sector.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Therefore, the energy management of warehouses plays a fundamental role in identifying strategies for companies to pursue higher performance in terms of productivity, competitiveness, and sustainability at the same time. The active management of electricity demand, commonly known as demand-side management (DSM), has been recognized as an effective approach to provide significant environmental and economic benefits for large electricity consumers such as power-intensive industries and manufacturing companies [11]. Currently, renovation of the electricity market is leading these consumers to pay stratified electricity rates that depend on the time of the day (e.g., peak load, midload, and off-peak load).…”
mentioning
confidence: 99%
“…The newly emerging field of enterprise-wide optimization is a further step that expands the scope of PSE past supply chain management to aid in making decisions in firm R&D efforts, corporate finance and management, demand modeling, etc. [228,229].…”
Section: Modeling and Optimal Design Of Supply Chains For Distributedmentioning
confidence: 99%
“…Over the past decade, the economic benefits of DSM measures have been evaluated for a variety of processes using quasi‐stationary process models (cf. the recent review of Zhang and Grossmann). Although the assumption of quasi‐stationarity is valid for many processes, for example, desalination or electrolysis, many chemical processes are characterized by non‐negligible response times or time delays.…”
Section: Introductionmentioning
confidence: 99%