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
Link To Document