Articles producció científica> Enginyeria Química

Scheduling optimization and risk analysis for energy-intensive industries under uncertain electricity market to facilitate financial planning

  • Datos identificativos

    Identificador: imarina:9295596
    Handle: http://hdl.handle.net/20.500.11797/imarina9295596
  • Autores:

    Gangwar S
    Fernández D
    Pozo C
    Folgado R
    Jiménez L
    Boer D
  • Otros:

    Autor según el artículo: Gangwar S; Fernández D; Pozo C; Folgado R; Jiménez L; Boer D
    Departamento: Enginyeria Química Enginyeria Mecànica
    Autor/es de la URV: Boer, Dieter-Thomas / Jiménez Esteller, Laureano
    Palabras clave: Optimization Risk analysis, energy-intensive industry Scheduling Spot market forecast Uncertainty
    Resumen: The planning of energy-intensive processes is intrinsically uncertain due to their dependence on the volatile energy market, with scheduling having a vast impact on the final production cost of these plants. Traditional stochastic methods are mathematically very complex, which translates into a significant computational effort that might prevent a timely response to varying electricity prices. To encounter this uncertainty, we develop a reliable hybrid simulation-optimization approach for optimizing the production plant scheduling, combining scenario analysis with risk analysis. The proposed methodology is demonstrated with real data from a cryogenic air separation plant in Tarragona (Spain). This approach also informs decision-makers about risk or expected shortfall associated with the implied scenario. The generic methodology used here can be easily adapted to schedule facilities in other energy-intensive sectors such as cement, metallurgy or pulp and paper.
    Áreas temáticas: Biotecnología Chemical engineering (all) Chemical engineering (miscellaneous) Ciência da computação Ciência de alimentos Ciências ambientais Ciências biológicas i Ciências biológicas ii Computer science applications Computer science, interdisciplinary applications Engenharias ii Engenharias iii Engenharias iv Engineering, chemical General chemical engineering Interdisciplinar Linguística e literatura Matemática / probabilidade e estatística Medicina ii Nutrição Química Saúde coletiva
    Acceso a la licencia de uso: https://creativecommons.org/licenses/by/3.0/es/
    Direcció de correo del autor: dieter.boer@urv.cat laureano.jimenez@urv.cat
    Identificador del autor: 0000-0002-5532-6409 0000-0002-3186-7235
    Fecha de alta del registro: 2023-06-12
    Versión del articulo depositado: info:eu-repo/semantics/publishedVersion
    Enlace a la fuente original: https://www.sciencedirect.com/science/article/pii/S0098135423001047
    Referencia al articulo segun fuente origial: Computers & Chemical Engineering. 174
    Referencia de l'ítem segons les normes APA: Gangwar S; Fernández D; Pozo C; Folgado R; Jiménez L; Boer D (2023). Scheduling optimization and risk analysis for energy-intensive industries under uncertain electricity market to facilitate financial planning. Computers & Chemical Engineering, 174(), -. DOI: 10.1016/j.compchemeng.2023.108234
    URL Documento de licencia: http://repositori.urv.cat/ca/proteccio-de-dades/
    DOI del artículo: 10.1016/j.compchemeng.2023.108234
    Entidad: Universitat Rovira i Virgili
    Año de publicación de la revista: 2023
    Tipo de publicación: Journal Publications
  • Palabras clave:

    Chemical Engineering (Miscellaneous),Computer Science Applications,Computer Science, Interdisciplinary Applications,Engineering, Chemical
    Optimization
    Risk analysis, energy-intensive industry
    Scheduling
    Spot market forecast
    Uncertainty
    Biotecnología
    Chemical engineering (all)
    Chemical engineering (miscellaneous)
    Ciência da computação
    Ciência de alimentos
    Ciências ambientais
    Ciências biológicas i
    Ciências biológicas ii
    Computer science applications
    Computer science, interdisciplinary applications
    Engenharias ii
    Engenharias iii
    Engenharias iv
    Engineering, chemical
    General chemical engineering
    Interdisciplinar
    Linguística e literatura
    Matemática / probabilidade e estatística
    Medicina ii
    Nutrição
    Química
    Saúde coletiva
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