Articles with "economic model" as a keyword



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A flexible air separation process: 2. Optimal operation using economic model predictive control

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Published in 2019 at "AIChE Journal"

DOI: 10.1002/aic.16721

Abstract: Correspondence Alexander Mitsos, AVT Process Systems Engineering, RWTH Aachen University, 52074 Aachen, Germany. Email: [email protected] Abstract The penetration of renewable electricity promises an economic advantage for flexible operation of energy-intense processes. One way to achieve… read more here.

Keywords: optimization; control; process; model ... See more keywords
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A probabilistic economic model and sensitivity analysis of fuel-oil production from plastic waste

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Published in 2021 at "Journal of Material Cycles and Waste Management"

DOI: 10.1007/s10163-020-01159-3

Abstract: Pyrolysis of plastic waste has been studied for many years, but there are only a few commercial plants in the world. A probabilistic economic model was applied to a fuel-production business from plastic waste. Many… read more here.

Keywords: waste; plastic waste; economic model; business ... See more keywords
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Experimental test of a black-box economic model predictive control for residential space heating

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Published in 2021 at "Applied Energy"

DOI: 10.1016/j.apenergy.2021.117227

Abstract: Abstract Previous studies have identified significant demand response (DR) potentials in using economic model predictive control (E-MPC) of space heating to exploit the inherent thermal mass in residential buildings for short-term energy storage. However, the… read more here.

Keywords: control; predictive control; model; economic model ... See more keywords
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An economic model of the meat paradox

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Published in 2020 at "European Economic Review"

DOI: 10.1016/j.euroecorev.2020.103569

Abstract: Many individuals have empathetic feelings towards animals but frequently consume meat. We investigate this \"meat paradox\" using insights from the literature on motivated reasoning in moral dilemmata. We develop a model where individuals form self-serving… read more here.

Keywords: model meat; model; meat paradox; meat ... See more keywords
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A generalized approach to Economic Model Predictive Control with terminal penalty functions

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Published in 2017 at "IFAC-PapersOnLine"

DOI: 10.1016/j.ifacol.2017.08.114

Abstract: Abstract In this paper, we first introduce upper and a lower bounds of the best asymptotic average performance for nonlinear control systems based on the concepts of dissipativity and control storage functions. This allows to… read more here.

Keywords: model predictive; economic model; control; predictive control ... See more keywords
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Online constraint adaptation in economic model predictive control

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Published in 2017 at "IFAC-PapersOnLine"

DOI: 10.1016/j.ifacol.2017.08.1633

Abstract: Abstract In economic model predictive control (EMPC), the standard quadratic objective function of MPC is replaced with an economic objective such that the controller directly optimizes the economic performance of the plant. However, economic objective… read more here.

Keywords: model predictive; online constraint; economic model; predictive control ... See more keywords
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Fault-Tolerant Economic Model Predictive Control Using Empirical Models * *Financial support from the National Science Foundation and the Department of Energy is gratefully acknowledged

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Published in 2017 at "IFAC-PapersOnLine"

DOI: 10.1016/j.ifacol.2017.08.940

Abstract: Abstract In this work, we present a data-driven methodology to overcome actuator faults using a model-based feedback controller that optimizes process economics termed economic model predictive control (EMPC). Specifically, we utilize a moving horizon error… read more here.

Keywords: model predictive; fault; economic model; model ... See more keywords
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An iterative learning approach to economic model predictive control for an integrated solar thermal system

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Published in 2020 at "IFAC-PapersOnLine"

DOI: 10.1016/j.ifacol.2020.12.1930

Abstract: An iterative learning (IL) approach to disturbance prediction for economic model predictive control (EMPC) is proposed and applied to an integrated solar thermal system (ISTS). The disturbance in the system, which is the user hot… read more here.

Keywords: system; control; approach; learning approach ... See more keywords
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VP208 Informing An Economic Model For Hyperhidrosis: A Clinical Survey

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Published in 2017 at "International Journal of Technology Assessment in Health Care"

DOI: 10.1017/s0266462317004317

Abstract: INTRODUCTION: Hyperhidrosis is characterized by uncontrollable excessive sweating, which occurs at rest, regardless of temperature. As part of a wider study exploring the clinical and cost effectiveness of alternative treatments for primary hyperhidrosis, a survey… read more here.

Keywords: vp208 informing; economic model; survey; asked indicate ... See more keywords
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Rescheduling Penalties for Economic Model Predictive Control and Closed-Loop Scheduling

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Published in 2019 at "Industrial & Engineering Chemistry Research"

DOI: 10.1021/acs.iecr.9b05255

Abstract: The ability of online optimization to improve the dynamic performance of complex systems, particularly in production scheduling and process control applications, has led to a significant interest in, and adoption of, online optimization algorithms and… read more here.

Keywords: model predictive; rescheduling penalties; economic model; control ... See more keywords
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Synchronization and bifurcation in an economic model.

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Published in 2022 at "Chaos"

DOI: 10.1063/5.0104017

Abstract: We study the synchronization of two coupled idealized economies. In the present work, we consider a recently developed economic system that shows a richness of dynamical behavior. By means of the Lyapunov exponents, we analyze… read more here.

Keywords: synchronization bifurcation; economic model; control; bifurcation economic ... See more keywords