Name
Abstract | ||
|---|---|---|
This paper considers the problem of economical optimization of the power production in a power plant capable of utilizing three different fuel systems. The considered fuel systems are coal, gas, and oil; each has certain advantages and disadvantages e. g. gas is easier to control than coal but it is more expensive. A profit function is stated and an analysis of the optimal fuel configuration is performed based on the Hamiltonian from the maximum principle. The analysis leads to the introduction of a performability measure, which, when the value is above a confidence threshold, indicates that a change of fuel system usage is beneficial. That is, the performability measure determines when an increase of performance is possible. |
Year | DOI | Venue |
|---|---|---|
2010 | 10.1109/CCA.2010.5611066 | CCA |
Keywords | Field | DocType |
optimisation,power system economics,power system management,profitability,Hamiltonian principle,coal,economical optimization,fuel system usage,gas,power plant performance measurement,power production,profit function | Process engineering,Maximum principle,Industrial engineering,Electricity,Computer science,Control engineering,Profitability index,Coal,Petroleum,Electricity generation,Power station | Conference |
ISSN | Citations | PageRank |
1085-1992 | 0 | 0.34 |
References | Authors | |
3 | 3 | |
Name | Order | Citations | PageRank |
|---|---|---|---|
| Martin Kragelund | 1 | 0 | 0.68 |
| John Leth | 2 | 47 | 9.11 |
| Rafal Wisniewski | 3 | 52 | 11.11 |