Locating a bioenergy facility using a hybrid optimization method

Athanasios A. Rentizelas and Ilias P. Tatsiopoulos

International Journal of Production Economics, 2010, vol. 123, issue 1, 196-209

Abstract: In this paper, the optimum location of a bioenergy generation facility for district energy applications is sought. A bioenergy facility usually belongs to a wider system, therefore a holistic approach is adopted to define the location that optimizes the system-wide operational and investment costs. A hybrid optimization method is employed to overcome the limitations posed by the complexity of the optimization problem. The efficiency of the hybrid method is compared to a stochastic (genetic algorithms) and an exact optimization method (Sequential Quadratic Programming). The results confirm that the hybrid optimization method proposed is the most efficient for the specific problem.

Keywords: Facility; location; OR; in; energy; Hybrid; optimization; Bioenergy; facility; Supply; chain (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:123:y:2010:i:1:p:196-209

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