2009 IEEE International Conference on Control and Automation 2009
DOI: 10.1109/icca.2009.5410542
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Optimal production planning of a power plant

Abstract: 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 whe… Show more

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Cited by 4 publications
(17 citation statements)
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“…In particular, we remark that some results have been obtained in the paper [13] where linear programming is used to solve the problem. This is obtained by approximating g P by a piece-wise affine function and converting the dynamics, profit function and constraint function into discrete time.…”
Section: Including Plant Dynamicsmentioning
confidence: 99%
“…In particular, we remark that some results have been obtained in the paper [13] where linear programming is used to solve the problem. This is obtained by approximating g P by a piece-wise affine function and converting the dynamics, profit function and constraint function into discrete time.…”
Section: Including Plant Dynamicsmentioning
confidence: 99%
“…See [10] for further comments on the above quantities. The objective of this work is to derive a plan for optimal usage of the three fuels described above during 24 hours of operation.…”
Section: Problem Formulationmentioning
confidence: 99%
“…That is, current and historic prices of electricity, which is available online has been used as price of the efficiency measure. The instantaneous profit flow is formulated as in [10], i.e.,…”
Section: Problem Formulationmentioning
confidence: 99%
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