Cost Minimization in a Firm's Power Station
Research output: Contributions to collected editions/works › Article in conference proceedings › Research › peer-review
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Systems Analysis and Simulation II: Applications Proceedings of the International Symposium held in Berlin, September 12–16, 1988. ed. / Achim Sydow; Spyros G. Tzafestas; Robert Vichnevetsky. New York: Springer New York, 1988. p. 272-277 (System Analysis Modelling Simulations; Vol. 2).
Research output: Contributions to collected editions/works › Article in conference proceedings › Research › peer-review
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TY - CHAP
T1 - Cost Minimization in a Firm's Power Station
AU - Reese, Joachim
AU - Fandel, Günter
PY - 1988
Y1 - 1988
N2 - Energy represents for every industrial site a fundamental process input which can only be substituted with great difficulty and without which industrial manufacture in general is impossible. The requirement is hereby concentrated on the utilization of distinct types of thermal energy for the process steam and heating, as well as for power and light. According to WOLF (1987) the total demand in 1981 for energy for industrial purposes in the Federal Republic of Germany was divided as follows — 75.9% for the manufacturing process, 10.9% for space heating and 13.2% for power and light. Although several energy resources were used equally for the production of heat, power and light were generated almost without exception by means of electricity. Heat as well as power and light, or rather electricity, are all commodities which have only a limited storage capacity. This leads to considerable procurement problems when the energy requirement fluctuates.
AB - Energy represents for every industrial site a fundamental process input which can only be substituted with great difficulty and without which industrial manufacture in general is impossible. The requirement is hereby concentrated on the utilization of distinct types of thermal energy for the process steam and heating, as well as for power and light. According to WOLF (1987) the total demand in 1981 for energy for industrial purposes in the Federal Republic of Germany was divided as follows — 75.9% for the manufacturing process, 10.9% for space heating and 13.2% for power and light. Although several energy resources were used equally for the production of heat, power and light were generated almost without exception by means of electricity. Heat as well as power and light, or rather electricity, are all commodities which have only a limited storage capacity. This leads to considerable procurement problems when the energy requirement fluctuates.
KW - Management studies
KW - optimal policy
KW - space heating
KW - peak demand
KW - throttle valve
KW - provess steam
UR - https://www.mendeley.com/catalogue/86b6e47e-f33d-3d47-b296-88324f5e02a9/
U2 - 10.1007/978-1-4613-8936-1_56
DO - 10.1007/978-1-4613-8936-1_56
M3 - Article in conference proceedings
SN - 978-0-387-97093-6
T3 - System Analysis Modelling Simulations
SP - 272
EP - 277
BT - Systems Analysis and Simulation II
A2 - Sydow, Achim
A2 - Tzafestas, Spyros G.
A2 - Vichnevetsky, Robert
PB - Springer New York
CY - New York
ER -