Projects per year
The Value Web Model (VWM) is a multi-objective spatio-temporal optimisation model, based on mixed integer linear programming, that can simultaneously determine the design and operation of any integrated multi-vector energy networks. It has been developed to answer variants of the following questions: â€œWhat is the most effective way, in terms of cost, value/profit and/or emissions, of designing and operating the integrated multi-vector energy networks that utilise a variety of primary energy sources to deliver different energy services, such as heat, electricity and mobility, given the availability of primary resources and the levels of demands and their distribution across space and time? When to invest in technologies, where to locate them; what resources should be used, where, when and how to convert them to the energy services required; how to transport the resources and manage storage inventory?â€�
The many different possible pathways from all possible primary energy sources to all energy services via any number of energy vectors form a complex web of interactions between all of the elements of the system, including circular pathways. As value is being added at each transformation from primary resource to energy service, the whole system can be viewed as a value web. The system needs to be robust with respect to uncertainties such as the availability of primary energy sources, levels and timings of demands, costs and prices, policy changes and other technological uncertainties (e.g. appearance of a disruptive technology). The VWM can be applied to a wide variety of systems such as integrated energy systems, water networks, chemicals and pharmaceutical supply chains. In this presentation the focus will be on the application of VWM for strategic design and tactical operation of integrated energy value chains with various energy carriers such as hydrogen, electricity, syngas, methanol, biofuels/bioenergy and so on.
|Title of host publication||Proceedings of the 2018 AIChE Annual Meeting|
|Publication status||Published - 30 Oct 2018|
|Event||2018 AIChE Annual Meeting: Today, Tomorrow & Leading the Future - David L. Lawrence Convention Center, Pittsburgh, USA United States|
Duration: 28 Oct 2018 → 2 Nov 2018
|Conference||2018 AIChE Annual Meeting|
|Country/Territory||USA United States|
|Period||28/10/18 → 2/11/18|
FingerprintDive into the research topics of 'Transforming the Circular Economy with the Value Web Model: A Multi-Objective Spatio-Temporal MILP Model for Planning, Design & Operation of Integrated Circular Value Chains'. Together they form a unique fingerprint.
- 2 Finished
STFC ODA additional funds for Understanding biomass value chains and the environment-food-energy-water nexus in Malaysia through whole-systems analysis and optimisation (BEFEW)
1/04/18 → 31/12/18
Project: Research council
Samsatli, S., Hofman, J. & Martinez Hernandez, E.
15/05/17 → 31/10/19
Project: Research council