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Virtual splitting of shared resource networks for pricebased coordination with portfolio tariffs

dc.contributor.authorWenzel, Simon
dc.contributor.authorMaxeiner, Lukas Samuel
dc.contributor.authorEngell, Sebastian
dc.date.accessioned2021-01-22T10:50:10Z
dc.date.available2021-01-22T10:50:10Z
dc.date.issued2018
dc.description.abstractIn the process industries the optimal allocation of shared resources among physically coupled subsystems is key to an efficient operation of the overall system, e. g., an integrated production site. If the subsystems have a certain level of autonomy or it is desired to grant confidentiality to the constituent subsystems, price-based coordination can be employed, where an independent system operator (ISO) iteratively adjusts transfer prices for the shared resources until the demand and the supply match, i. e., the shared resource networks are balanced. In this contribution, a modified subgradient price update scheme is presented, which can be used for systems that are connected to external resources, such as pipelines, through which certain amounts of the resources can be exchanged at prices that are fixed in portfolio tariffs. The approach virtually splits the shared resource networks to account for the different price regimes in the available tariff. The principle is illustrated in a simulation study of a production site with three productions plants that are connected to an external distribution grid.en
dc.identifier.urihttp://hdl.handle.net/2003/40002
dc.identifier.urihttp://dx.doi.org/10.17877/DE290R-21885
dc.language.isoende
dc.relation.ispartofseriesComputer Aided Chemical Engineering;43
dc.subjectDemand-side responseen
dc.subjectPrice-based coordinationen
dc.subjectLagrangian decompositionen
dc.subjectResource allocationen
dc.subjectResource efficiencyen
dc.subjectEnergy tariffsen
dc.subject.ddc660
dc.titleVirtual splitting of shared resource networks for pricebased coordination with portfolio tariffsen
dc.typeTextde
dc.type.publicationtypebookPartde
dcterms.accessRightsopen access
eldorado.secondarypublicationtruede
eldorado.secondarypublication.primarycitationSimon Wenzel, Lukas Samuel Maxeiner, Sebastian Engell: Virtual splitting of shared resource networks for price-based coordination with portfolio tariffs, in: Computer Aided Chemical Engineering, Volume 43, 2018, Pages 301-306de
eldorado.secondarypublication.primaryidentifierhttps://doi.org/10.1016/B978-0-444-64235-6.50056-5de

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