Market‐Based Coordination of Shared Resources in Cyber‐physical Production Sites

Large interconnected production sites typically consist of many plants that are physically coupled by networks of shared resources. An optimal site‐wide allocation of shared resources is key to a resource‐, energy‐, and cost‐optimal operation. Market‐based coordination can find the site‐wide optimum...

Full description

Saved in:
Bibliographic Details
Published in:Chemie ingenieur technik 2017-05, Vol.89 (5), p.636-644
Main Authors: Wenzel, Simon, Paulen, Radoslav, Beisheim, Benedikt, Krämer, Stefan, Engell, Sebastian
Format: Article
Language:English
Subjects:
Allocations
Distributed optimization
Integrated production sites
Marketing
Market‐based coordination
Networks
Optimization
Plants (organisms)
Power efficiency
Resource efficiency
Shared‐resource allocation
Simulation
Strategy
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Large interconnected production sites typically consist of many plants that are physically coupled by networks of shared resources. An optimal site‐wide allocation of shared resources is key to a resource‐, energy‐, and cost‐optimal operation. Market‐based coordination can find the site‐wide optimum with limited data exchange between the subsystems and thus ensures confidentiality. In this contribution, market‐based coordination is applied to a simulation study of a petrochemical production site with steam and intermediate products as shared resources. Market‐based coordination strategies can balance flows of material and energy in shared‐resource networks between individual autonomous production plants. The distributed approach optimizes energy and resource efficiency by finding the optimal operating point of the site and ensures a high level of confidentiality.
ISSN:0009-286X
1522-2640
DOI:10.1002/cite.201700007