Optimization in energy: Locally vs globally optimal solutions

Alexander Martin, Sebastian Pokutta, Lars Schewe

Research output: Contribution to journalArticlepeer-review

Abstract

The application of optimizations methods is an essential part of today's energy system management. Power plants need to be operated optimally and need to adapt their production according to varying demands. At par with simulation models, thus optimization is of ever more increasing importance in today's operations. This article deals with two examples which exemplify the additional value that modern mathematical optimizations methods can provide with provably good, respectively globally optimal solutions.

Translated title of the contributionOptimization in energy: Locally vs globally optimal solutions
Original languageGerman
Pages (from-to)832-839
Number of pages8
JournalChemie Ingenieur Technik - CIT
Volume84
Issue number6
DOIs
Publication statusPublished - 1 Jun 2012

Keywords

  • Energy balance
  • Energy dissipation
  • Energy saving
  • Energy storage

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