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IE3
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Research
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Optimization & Control
Stochastic MPC (DFG)
interest for directly optimizing process economics via closed-loop control in various applications ranging from process industries to energy systems and economics. Yet, from a systems and control point of [...] tracking, in the last years several breakthroughs were obtained in analyzing MPC with generic, i.e. economic cost functions, which do not express control tasks directly. Indeed, the analysis of these schemes [...] of view, the combination of stochastic uncertainty descriptions with economic objective formulations is not well-explored, despite the fact that combining both approaches promises great potential for …
