Optimal Design of a Trigeneration Plant using Fuzzy Linear Programming with Global Sensitivity Analysis on Product Price Uncertainty

Ivan Henderson V. Gue, Aristotle Tulagan Ubando, Kathleen B. Aviso, Raymond R. Tan

Research output: Contribution to journalConference article

1 Citation (Scopus)

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.

Original languageEnglish
Pages (from-to)2176-2181
Number of pages6
JournalEnergy Procedia
Volume158
DOIs
Publication statusPublished - 2019 Jan 1
Event10th International Conference on Applied Energy, ICAE 2018 - Hong Kong, China
Duration: 2018 Aug 222018 Aug 25

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Trigeneration plant
Linear programming
Sensitivity analysis
Heat generation
Design of experiments
Power generation
Raw materials
Thermodynamics
Cooling
Engineers
Uncertainty
Optimal design

All Science Journal Classification (ASJC) codes

  • Energy(all)

Cite this

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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.",
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Optimal Design of a Trigeneration Plant using Fuzzy Linear Programming with Global Sensitivity Analysis on Product Price Uncertainty. / Gue, Ivan Henderson V.; Ubando, Aristotle Tulagan; Aviso, Kathleen B.; Tan, Raymond R.

In: Energy Procedia, Vol. 158, 01.01.2019, p. 2176-2181.

Research output: Contribution to journalConference article

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