Refinery production planning optimization under crude oil quality uncertainty. (August 2021)
- Record Type:
- Journal Article
- Title:
- Refinery production planning optimization under crude oil quality uncertainty. (August 2021)
- Main Title:
- Refinery production planning optimization under crude oil quality uncertainty
- Authors:
- Li, Fupei
Qian, Feng
Du, Wenli
Yang, Minglei
Long, Jian
Mahalec, Vladimir - Abstract:
- Highlights: The uncertainty of the crude oil quality properties is defined via the uncertainty of the TBP curves. Two-stage stochastic refinery planning model with the product tri-section CDU model is employed for crude oil selection decision-making. Scenario generation employs a random vector sampling (RVS) method to minimize the number of scenarios. Abstract: Current practice in refinery planning is to assume that the qualities of the crude oil feedstocks are known, even though they often vary. The uncertainty of the quality properties can significantly impact the profit of the refinery and needs to be considered in purchasing decisions. This work employs the product tri-section CDU model (Li et al. 2020) to build an accurate refinery model and determines the optimal crude selection by two-stage stochastic programming. The uncertainty of the crude oil quality properties is defined via the uncertainty of the TBP curves, which is described by the uncertain parameters of the beta functions approximating the TBP curves. The probabilistic scenarios are generated via random vector sampling method, leading to a relatively small number of scenarios required for the two-stage-stochastic programming model convergence. This enables us to determine the best crude oil choice, while requiring acceptable computational times, as illustrated by computational experiments.
- Is Part Of:
- Computers & chemical engineering. Volume 151(2021)
- Journal:
- Computers & chemical engineering
- Issue:
- Volume 151(2021)
- Issue Display:
- Volume 151, Issue 2021 (2021)
- Year:
- 2021
- Volume:
- 151
- Issue:
- 2021
- Issue Sort Value:
- 2021-0151-2021-0000
- Page Start:
- Page End:
- Publication Date:
- 2021-08
- Subjects:
- Two-stage stochastic programming -- Refinery production planning -- Quality uncertainty -- Random vector sampling -- Product tri-section CDU model
Chemical engineering -- Data processing -- Periodicals
660.0285 - Journal URLs:
- http://www.sciencedirect.com/science/journal/00981354 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.compchemeng.2021.107361 ↗
- Languages:
- English
- ISSNs:
- 0098-1354
- Deposit Type:
- Legaldeposit
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- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3394.664000
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