|About this Abstract
||2016 TMS Annual Meeting & Exhibition
||Energy Technologies and Carbon Dioxide Management
||Optimization and Management of Byproduct Gas Distribution in Steel Mills under Time-of-use (TOU) Electricity Price
||Xiancong Zhao, Hao Bai, Qi Shi, Zhancheng Guo
|On-Site Speaker (Planned)
Reducing electricity cost is important for energy intensive industries such as iron and steel industry. With the implementation of time-of-use (TOU) electricity price, plenty of attention has been paid on optimal management of byproduct gases. The time-of-use (TOU) electricity price is the practice of implementing different prices for different times of use. Therefore, it is possible to reduce electricity cost by power generation scheduling through byproduct gas adjustment between gasholders and boilers. In this paper, a novel mixed integer linear programming (MILP) model concerning the TOU electricity price was proposed to stabilize byproduct gas system and reduce electricity cost. Compared with previous models, this model considered the optimal load shift between gasholders and boilers under TOU electricity price. The case study of a steel plant demonstrates that the electricity purchase cost was reduced by more than 30% after optimization.
||Planned: A print-only volume