• DocumentCode
    3573168
  • Title

    A new framework for optimizing process economic performance

  • Author

    Qun Wu ; Dewei Li ; Yugen Xi

  • Author_Institution
    Dept. of Autom., Shanghai Jiao Tong Univ., Shanghai, China
  • fYear
    2014
  • Firstpage
    3665
  • Lastpage
    3670
  • Abstract
    In this work, we embed a coordinator to the conventional framework, where real-time optimization (RTO) is in conjunction with model predictive control (MPC) for industrial practice. The coordinator makes a better tradeoff between economy and feasibility. The objective function with both economic term and feasible requirement is employed, and the coordinator adjusts the weight of economic term gradually to find a new feasible point. The new one is more than a feasible target, and it can explore extra profit as well. It works well especially when the economic measurement is not convex. A numerical example illustrates the advantages of our framework.
  • Keywords
    industrial plants; optimisation; predictive control; real-time systems; economic measurement; economic term; feasible requirement; industrial practice; model predictive control; process economic performance; real-time optimization; Cost function; Economics; Inductors; Predictive models; Real-time systems; Steady-state; economic measurement; feasible target; model predictive control; real-time optimization;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Intelligent Control and Automation (WCICA), 2014 11th World Congress on
  • Type

    conf

  • DOI
    10.1109/WCICA.2014.7053326
  • Filename
    7053326