Abstract:Approximately 65 to 90 percent of energy used in petrochemical and refining industries is consumed by furnaces. Operating furnaces at optimal conditions results in huge amounts of savings in energy consumption. In this paper, we model the furnace efficiency optimization as a multi-objective problem involving multiple interactions among the controlled variables and propose a cooperative game based formulation for the factory of future. The controlled variables are Absorbed Duty and Coil Outlet Temperature. We p… Show more
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