IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v54y2013icp194-211.html
   My bibliography  Save this article

Optimal scheduling of industrial combined heat and power plants under time-sensitive electricity prices

Author

Listed:
  • Mitra, Sumit
  • Sun, Lige
  • Grossmann, Ignacio E.

Abstract

Combined heat and power (CHP) plants are widely used in industrial applications. In the aftermath of the recession, many of the associated production processes are under-utilized, which challenges the competitiveness of chemical companies. However, under-utilization can be a chance for tighter interaction with the power grid, which is in transition to the so-called smart grid, if the CHP plant can dynamically react to time-sensitive electricity prices.

Suggested Citation

  • Mitra, Sumit & Sun, Lige & Grossmann, Ignacio E., 2013. "Optimal scheduling of industrial combined heat and power plants under time-sensitive electricity prices," Energy, Elsevier, vol. 54(C), pages 194-211.
    • Handle: RePEc:eee:energy:v:54:y:2013:i:c:p:194-211
    DOI: 10.1016/j.energy.2013.02.030
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544213001448
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2013.02.030?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Makkonen, Simo & Lahdelma, Risto, 2006. "Non-convex power plant modelling in energy optimisation," European Journal of Operational Research, Elsevier, vol. 171(3), pages 1113-1126, June.
    2. Agha, Mujtaba H. & Thery, Raphaele & Hetreux, Gilles & Hait, Alain & Le Lann, Jean Marc, 2010. "Integrated production and utility system approach for optimizing industrial unit operations," Energy, Elsevier, vol. 35(2), pages 611-627.
    3. Stoppato, A. & Mirandola, A. & Meneghetti, G. & Lo Casto, E., 2012. "On the operation strategy of steam power plants working at variable load: Technical and economic issues," Energy, Elsevier, vol. 37(1), pages 228-236.
    4. Luo, Xianglong & Zhang, Bingjian & Chen, Ying & Mo, Songping, 2012. "Operational planning optimization of multiple interconnected steam power plants considering environmental costs," Energy, Elsevier, vol. 37(1), pages 549-561.
    5. Lund, Henrik & Andersen, Anders N. & Østergaard, Poul Alberg & Mathiesen, Brian Vad & Connolly, David, 2012. "From electricity smart grids to smart energy systems – A market operation based approach and understanding," Energy, Elsevier, vol. 42(1), pages 96-102.
    6. Gaetan Belvaux & Laurence A. Wolsey, 2001. "Modelling Practical Lot-Sizing Problems as Mixed-Integer Programs," Management Science, INFORMS, vol. 47(7), pages 993-1007, July.
    7. Tina, G.M. & Passarello, G., 2012. "Short-term scheduling of industrial cogeneration systems for annual revenue maximisation," Energy, Elsevier, vol. 42(1), pages 46-56.
    8. Marshman, D.J. & Chmelyk, T. & Sidhu, M.S. & Gopaluni, R.B. & Dumont, G.A., 2010. "Energy optimization in a pulp and paper mill cogeneration facility," Applied Energy, Elsevier, vol. 87(11), pages 3514-3525, November.
    9. BELVAUX, Gaetan & WOLSEY, Laurence A., 2001. "Modelling practical lot-sizing problems as mixed-integer programs," LIDAM Reprints CORE 1516, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    10. Christidis, Andreas & Koch, Christoph & Pottel, Lothar & Tsatsaronis, George, 2012. "The contribution of heat storage to the profitable operation of combined heat and power plants in liberalized electricity markets," Energy, Elsevier, vol. 41(1), pages 75-82.
    11. Thorin, Eva & Brand, Heike & Weber, Christoph, 2005. "Long-term optimization of cogeneration systems in a competitive market environment," Applied Energy, Elsevier, vol. 81(2), pages 152-169, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hendrik Butemann & Katja Schimmelpfeng, 2020. "Long-term electricity production planning of a flexible biogas plant considering wear and tear," Journal of Business Economics, Springer, vol. 90(9), pages 1289-1313, November.
    2. Luo, Xianglong & Zhang, Bingjian & Chen, Ying & Mo, Songping, 2013. "Operational planning optimization of steam power plants considering equipment failure in petrochemical complex," Applied Energy, Elsevier, vol. 112(C), pages 1247-1264.
    3. Atamturk, Alper & Munoz, Juan Carlos, 2002. "A Study of the Lot-Sizing Polytope," University of California Transportation Center, Working Papers qt6zz2g0z4, University of California Transportation Center.
    4. Moo-Sung Sohn & Jiwoong Choi & Hoseog Kang & In-Chan Choi, 2017. "Multiobjective Production Planning at LG Display," Interfaces, INFORMS, vol. 47(4), pages 279-291, August.
    5. Zulkafli, Nur I. & Kopanos, Georgios M., 2016. "Planning of production and utility systems under unit performance degradation and alternative resource-constrained cleaning policies," Applied Energy, Elsevier, vol. 183(C), pages 577-602.
    6. Kovcs, Andrs & Brown, Kenneth N. & Tarim, S. Armagan, 2009. "An efficient MIP model for the capacitated lot-sizing and scheduling problem with sequence-dependent setups," International Journal of Production Economics, Elsevier, vol. 118(1), pages 282-291, March.
    7. Hamdi Abdi, 2023. "A Survey of Combined Heat and Power-Based Unit Commitment Problem: Optimization Algorithms, Case Studies, Challenges, and Future Directions," Mathematics, MDPI, vol. 11(19), pages 1-36, October.
    8. Almeder, Christian & Klabjan, Diego & Traxler, Renate & Almada-Lobo, Bernardo, 2015. "Lead time considerations for the multi-level capacitated lot-sizing problem," European Journal of Operational Research, Elsevier, vol. 241(3), pages 727-738.
    9. Laurence A. Wolsey, 2002. "Solving Multi-Item Lot-Sizing Problems with an MIP Solver Using Classification and Reformulation," Management Science, INFORMS, vol. 48(12), pages 1587-1602, December.
    10. Kerem Akartunalı & Ioannis Fragkos & Andrew J. Miller & Tao Wu, 2016. "Local Cuts and Two-Period Convex Hull Closures for Big-Bucket Lot-Sizing Problems," INFORMS Journal on Computing, INFORMS, vol. 28(4), pages 766-780, November.
    11. Keivan Rahimi-Adli & Egidio Leo & Benedikt Beisheim & Sebastian Engell, 2021. "Optimisation of the Operation of an Industrial Power Plant under Steam Demand Uncertainty," Energies, MDPI, vol. 14(21), pages 1-28, November.
    12. Stadtler, Hartmut, 2011. "Multi-level single machine lot-sizing and scheduling with zero lead times," European Journal of Operational Research, Elsevier, vol. 209(3), pages 241-252, March.
    13. Chen, Haoxun, 2015. "Fix-and-optimize and variable neighborhood search approaches for multi-level capacitated lot sizing problems," Omega, Elsevier, vol. 56(C), pages 25-36.
    14. Natashia L. Boland & Martin W. P. Savelsbergh, 2019. "Perspectives on integer programming for time-dependent models," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 27(2), pages 147-173, July.
    15. Egri, Péter & Kis, Tamás & Kovács, András & Váncza, József, 2014. "An inverse economic lot-sizing approach to eliciting supplier cost parameters," International Journal of Production Economics, Elsevier, vol. 149(C), pages 80-88.
    16. Marshman, D.J. & Chmelyk, T. & Sidhu, M.S. & Gopaluni, R.B. & Dumont, G.A., 2010. "Energy optimization in a pulp and paper mill cogeneration facility," Applied Energy, Elsevier, vol. 87(11), pages 3514-3525, November.
    17. Toledo, Franklina Maria Bragion & Armentano, Vinicius Amaral, 2006. "A Lagrangian-based heuristic for the capacitated lot-sizing problem in parallel machines," European Journal of Operational Research, Elsevier, vol. 175(2), pages 1070-1083, December.
    18. Brian T. Denton & John Forrest & R. John Milne, 2006. "IBM Solves a Mixed-Integer Program to Optimize Its Semiconductor Supply Chain," Interfaces, INFORMS, vol. 36(5), pages 386-399, October.
    19. Ghadimi, P. & Kara, S. & Kornfeld, B., 2014. "The optimal selection of on-site CHP systems through integrated sizing and operational strategy," Applied Energy, Elsevier, vol. 126(C), pages 38-46.
    20. Rizk, Nafee & Martel, Alain & Ramudhin, Amar, 2006. "A Lagrangean relaxation algorithm for multi-item lot-sizing problems with joint piecewise linear resource costs," International Journal of Production Economics, Elsevier, vol. 102(2), pages 344-357, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:54:y:2013:i:c:p:194-211. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.