Market-Based Control of Shipboard Integrated Engineering Plants
Technical Report,05 May 2015,04 May 2019
University of Kentucky Research Foundation Lexington United States
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In the project, market principles were formally applied to the development of a shipboard power system control method, explicitly linking the economic behavior of the actors in the system the commanding officer and the equipment in the engineering plant with the physical behavior of the equipment in the system. Contributions have been made in terms of modeling and simulation, the principles of market-based control for systems, including decision functions, equivalence with optimal control, and clearing algorithms, and evaluation of system value based on an optimal control problem.
- Electric Power Production and Distribution
- Marine Engineering