Abstract
The price of electric energy depends on additional factors since the introduction of renewable energy sources, which has changed the basics of electricity production and the determination of its price. Iron and steel industries strongly require forecasting procedures for the energy amount of their production cycles: today production planning is performed without taking into account that the difference in electricity price between night and day can overcome 500%. The aim of this work is to create a model allowing to estimate energy requirements for steel industry; the model correctness is assessed, for both energy and power analysis, by comparison with real data. A planning tool is employed to provide data to a computer platform able to assess, on the basis of required energy, the best market on which power can be purchased ensuring money saving for the steelworks.
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Damiani, L., Revetria, R., Giribone, P., Schenone, M. (2019). Energy Requirements Estimation Models for Iron and Steel Industry Applied to Electric Steelworks. In: Ao, SI., Kim, H., Amouzegar, M. (eds) Transactions on Engineering Technologies. WCECS 2017. Springer, Singapore. https://doi.org/10.1007/978-981-13-2191-7_2
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DOI: https://doi.org/10.1007/978-981-13-2191-7_2
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