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Book synopsis

This book presents general methods for the design of economic model predictive control (EMPC) systems for broad classes of nonlinear systems that address key theoretical and practical considerations including recursive feasibility, closed-loop stability, closed-loop performance, and computational efficiency. Specifically, the book proposes:§§Lyapunov-based EMPC methods for nonlinear systems;§two-tier EMPC architectures that are highly computationally efficient; and§EMPC schemes handling explicitly uncertainty, time-varying cost functions, time-delays and multiple-time-scale dynamics. §§The proposed methods employ a variety of tools ranging from nonlinear systems analysis, through Lyapunov-based control techniques to nonlinear dynamic optimization. The applicability and performance of the proposed methods are demonstrated through a number of chemical process examples.§§The book presents state-of-the-art methods for the design of economic model predictive control systems for chemical processes. At the same time as being rigorous these methods accommodate the needs of practical issues, for example, direct optimization of process economics, time-varying economic cost functions and computational efficiency. Numerous comments and remarks providing fundamental understanding of the merging of process economics and feedback control into a single framework are included. A control engineer can easily tailor the many detailed examples of industrial relevance given within the text to a specific application.§§The authors present a rich collection of new research topics and references to significant recent work making Economic Model Predictive Control an important source of information and inspiration for academics and graduate students researching the area and for process engineers interested in applying its ideas.

Book details

Book category Books in English Economics, finance, business & management Business & management Management & management techniques

• Full title: Economic Model Predictive Control
• Author: Matthew Ellis, Jinfeng Liu, Panagiotis Christofides
• Language: English
• Binding: Hardback
• Number of pages: 292
• EAN: 9783319411071
• ISBN: 3319411071
• ID: 10954100
• Publisher: Springer International Publishing AG
• Weight: 6547 g
• Dimensions: 235 × 155 × 21 mm
• Date of publishing: 28. July 2016

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