Optimization of a multiperiod refinery planning problem under uncertainty. Issue 9 (27th June 2022)
- Record Type:
- Journal Article
- Title:
- Optimization of a multiperiod refinery planning problem under uncertainty. Issue 9 (27th June 2022)
- Main Title:
- Optimization of a multiperiod refinery planning problem under uncertainty
- Authors:
- Boucheikhchoukh, Ariel A.
Swartz, Christopher L. E.
Bouveresse, Eric
Lutran, Pierre
Robert, Anna - Abstract:
- Abstract: Uncertainty in refinery planning presents a significant challenge in determining the day‐to‐day operations of an oil refinery. Deterministic modeling techniques often fail to account for this uncertainty, potentially resulting in reduced profit. The stochastic programming framework explicitly incorporates parameter uncertainty in the problem formulation, thus giving preference to robust solutions. In this work, a nonlinear, multiperiod, industrial refinery problem is extended to a two‐stage stochastic problem, formulated as a mixed‐integer nonlinear program. A crude‐oil sequencing case study is developed with binary scheduling decisions in both stages of the stochastic programming problem. Solution via a decomposition strategy based on the generalized Benders decomposition (GBD) algorithm is proposed. The binary decisions are designated as complicating variables that, when fixed, reduce the full‐space problem to a series of independent scenario subproblems. Through the application of the GBD algorithm, a feasible mixed‐integer solution is obtained that is more robust to uncertainty than its deterministic counterpart.
- Is Part Of:
- AIChE journal. Volume 68:Issue 9(2022)
- Journal:
- AIChE journal
- Issue:
- Volume 68:Issue 9(2022)
- Issue Display:
- Volume 68, Issue 9 (2022)
- Year:
- 2022
- Volume:
- 68
- Issue:
- 9
- Issue Sort Value:
- 2022-0068-0009-0000
- Page Start:
- n/a
- Page End:
- n/a
- Publication Date:
- 2022-06-27
- Subjects:
- generalized Benders decomposition -- refinery planning -- stochastic programming
Chemical engineering -- Periodicals
Génie chimique -- Périodiques
660.28 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1002/aic.17799 ↗
- Languages:
- English
- ISSNs:
- 0001-1541
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 0773.071200
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 22985.xml