Track: Energy
Abstract
The objective of this work is to develop a comprehensive model for the industrial facility’s energy system. In order to model the current energy system, we simulated each technology including the gas turbines, HRSG, duct burners, and boilers based on historical data from the company. After finding the hourly energy demand including electricity, steam, hot water, and cold water, we developed an hourly-based optimization model to determine the operation strategy of the current technologies to minimize total energy cost. Then we compared the optimization results with the current situation at the company. The results suggests 4% saving in total utility expenditure and 3% saving in natural gas consumption which is equal to the saving of 4500 tons of CO2 emission.