2022
DOI: 10.1016/j.cherd.2022.10.021
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An optimization model for the market-responsive operation of naphtha cracking process with price prediction

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Cited by 3 publications
(1 citation statement)
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“…The OPEX is directly determined by the energy cost of the system, given by the total amount of electricity imported, and is expressed as J OPEX = prefix∑ t = 1 T ( ν electricity , t I electricity , t ) where I electricity, t is the amount of imported electricity and ν electricity, t is the hourly electricity price at hour t . The naphtha import cost is not included in the optimization as we assume the same ethylene yield for all plants and a constant price throughout the year (a market optimization based on the naphtha price, as, for example, done by Kwon et al, is out of the scope of the present paper).…”
Section: Ethylene Production Process: Milp Modeling Frameworkmentioning
confidence: 99%
“…The OPEX is directly determined by the energy cost of the system, given by the total amount of electricity imported, and is expressed as J OPEX = prefix∑ t = 1 T ( ν electricity , t I electricity , t ) where I electricity, t is the amount of imported electricity and ν electricity, t is the hourly electricity price at hour t . The naphtha import cost is not included in the optimization as we assume the same ethylene yield for all plants and a constant price throughout the year (a market optimization based on the naphtha price, as, for example, done by Kwon et al, is out of the scope of the present paper).…”
Section: Ethylene Production Process: Milp Modeling Frameworkmentioning
confidence: 99%