Optimal design of a trigeneration plant using fuzzy linear programming with global sensitivity analysis on product price uncertainty
College
Gokongwei College of Engineering
Department/Unit
Mechanical Engineering
Document Type
Conference Proceeding
Source Title
Energy Procedia
Volume
158
First Page
2176
Last Page
2181
Publication Date
1-1-2019
Abstract
A trigeneration system consists of interdependent technologies for power generation, heat generation, and the generation of cooling effect which leads to the overall improved thermodynamic efficiency of the system. However, the optimal design of a trigeneration system also depends on the product price variability of the energy streams which are highly dependent on the price of the raw materials and the product demand. Taking into consideration expected price fluctuations of streams, it is then possible for plant owners and engineers to evaluate the investment risk associated with the design capacity of a trigeneration system. The study proposes the use of a 2k factorial design of experiments together with fuzzy linear programming to conduct a price sensitivity analysis in the optimal design of a trigeneration system. This type of analysis can provide plant owners information on possible configurations for optimal capacity given uncertainty in the price parameters. © 2019 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/) Peer-review under responsibility of the scientific committee of ICAE2018 - The 10th International Conference on Applied Energy.
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Digitial Object Identifier (DOI)
10.1016/j.egypro.2019.01.617
Recommended Citation
Gue, I. V., Ubando, A. T., Aviso, K. B., & Tan, R. R. (2019). Optimal design of a trigeneration plant using fuzzy linear programming with global sensitivity analysis on product price uncertainty. Energy Procedia, 158, 2176-2181. https://doi.org/10.1016/j.egypro.2019.01.617
Disciplines
Mechanical Engineering
Keywords
Polygeneration systems
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