05347466 is referenced by 66 patents and cites 6 patents.

A system for simulating and optimizing a powerhouse, designed to furnish electrical power to a process plant, incorporates a plurality of units for simulating operation of the individual components of the powerhouse, and for calculating the cost of operation of the system as a whole, including the cost of fuel for the powerhouse components and the cost of purchased power needed to satisfy the power demand of the process plant beyond the capacity of the powerhouse. An adaptive search routine varies all of the operative parameters of the powerhouse, on a random basis, and repeats the simulation, in order to identify a combination of parameters which represents a lower cost solution. The range of random variation is reduced, as lower cost solutions are not found within a given number of repetitions, in order to identify a precise convergence on the optimum solution. The procedure may be restarted, and repeated many times, with the range of variation each time initially at maximum, in order to insure the identification of the global optimum.

Title
Method and apparatus for power plant simulation and optimization
Application Number
7/731204
Publication Number
5347466
Application Date
July 15, 1991
Publication Date
September 13, 1994
Inventor
Charles M Thatcher
Fayetteville
AR, US
Randall K Nichols
Corpus Christi
TX, US
Agent
Hermann Ivester
Assignee
The Board of Trustees of the University of Arkansas
AR, US
IPC
F01K 13/02
G06F 15/20
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