Abstract
Economic Model Predictive Control (EMPC) is a variant of Model Predictive Control aimed at maximization of system’s profitability. It allows one to explicitly deal with hard and average constraints on system’s input and output variables as well as with nonlinearity of dynamics. We provide basic definitions and concepts of the approach and highlight some promising research directions.
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Bibliography
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Angeli, D. (2013). Economic Model Predictive Control. In: Baillieul, J., Samad, T. (eds) Encyclopedia of Systems and Control. Springer, London. https://doi.org/10.1007/978-1-4471-5102-9_6-1
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DOI: https://doi.org/10.1007/978-1-4471-5102-9_6-1
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Publisher Name: Springer, London
Online ISBN: 978-1-4471-5102-9
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Chapter history
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Latest
Economic Model Predictive Control- Published:
- 10 September 2019
DOI: https://doi.org/10.1007/978-1-4471-5102-9_6-2
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Original
Economic Model Predictive Control- Published:
- 04 April 2014
DOI: https://doi.org/10.1007/978-1-4471-5102-9_6-1