Abstract

AbstractConsidering the increase of disruptive variable renewable energy penetration into the power grid, this article focuses on the investigation of a multiobjective and dynamic real‐time optimization framework to address the cycling of large‐scale power plants under renewable penetration. In this framework, a parallelized particle swarm optimization step is first performed to generate feasible initial points. Then, a multiobjective and dynamic real‐time optimization formulation generates optimal trajectories. The benefit of predictive capability is investigated for the dynamic component, which introduces the novel nonlinear multiobjective and dynamic real‐time predictive optimization approach. Two multiobjective formulations to obtain Pareto front optimal in real time are explored: the modified Tchebycheff‐based weighted metric and ‐constraint methods. Economic and environmental objectives are considered in this study. A novel topical discussion on the intersection of dynamic real‐time optimization with model predictive control is also presented. The developed framework is successfully applied to a baseload coal‐fired power plant with postcombustion CO2 capture. Results indicate that the approach can be deployed for a large‐scale system if automatic differentiation, model reduction, and parallelization are adopted to improve computational tractability, with computational improvement up to 120‐folds after performing these steps. Finally, market and carbon policies showed an impact on the optimal compromise between the objectives with an additional 63 ton of CO2 captured under favorable market conditions.

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