Article (Périodiques scientifiques)
Watt's Next? Leveraging Process Flexibility for Power Cost Optimization
Hermann, Julia; Rusche, Simon; Moder, Linda et al.
2024In Business and Information Systems Engineering, 66 (5), p. 541-563
Peer reviewed vérifié par ORBi
 

Documents


Texte intégral
_Watt’s Next.pdf
(788.24 kB)
Télécharger

Tous les documents dans ORBilu sont protégés par une licence d'utilisation.

Envoyer vers



Détails



Mots-clés :
Process mining; Prescriptive process monitoring; Energy flexibility; Demand side management
Résumé :
[en] The transition from fossil fuels to renewable energy sources poses major challenges for balancing increasingly weather-dependent power supply and demand. Although demand-side energy flexibility, offered particularly by industrial companies, is seen as a promising and necessary approach to address these challenges and realize benefits for companies, its implementation is not yet common practice. Often facing highly complex process landscapes and operational systems, process mining provides significant potential to increase transparency of actual process flows and to discover or reflect existing dependencies and interrelationships of activities, instances or resources. It facilitates the implementation of energy flexibility measures and enables the realization of monetary benefits associated with flexible process operation. This paper contributes to the successful integration of energy flexibility into process operations by presenting a design science research artifact called PM4Flex. This is a prescriptive process monitoring approach that uses linear programming to generate recommendations for pending process flows optimized under fluctuating power prices by utilizing established energy flexibility measures. Thereby, event logs and corresponding company-as well as processspecific constraints are considered. PM4Flex is demonstrated and evaluated based on its implementation as a software prototype, its application to exemplary data from two real-world processes exhibiting power cost savings of up to 75% compared to the original execution, and based on semi-structured expert interviews. PM4Flex provides new design knowledge at the interface of prescriptive process monitoring and the energy domain providing decision support to optimize industrial energy procurement costs.
Centre de recherche :
Interdisciplinary Centre for Security, Reliability and Trust (SnT) > FINATRAX - Digital Financial Services and Cross-organizational Digital Transformations
Disciplines :
Sciences informatiques
Auteur, co-auteur :
Hermann, Julia
Rusche, Simon
Moder, Linda
WEIBELZAHL, Martin ;  University of Luxembourg
Co-auteurs externes :
yes
Langue du document :
Anglais
Titre :
Watt's Next? Leveraging Process Flexibility for Power Cost Optimization
Date de publication/diffusion :
14 août 2024
Titre du périodique :
Business and Information Systems Engineering
ISSN :
2363-7005
eISSN :
1867-0202
Maison d'édition :
Springer Science and Business Media LLC
Volume/Tome :
66
Fascicule/Saison :
5
Pagination :
541-563
Peer reviewed :
Peer reviewed vérifié par ORBi
Focus Area :
Security, Reliability and Trust
Objectif de développement durable (ODD) :
9. Industrie, innovation et infrastructure
Disponible sur ORBilu :
depuis le 20 décembre 2024

Statistiques


Nombre de vues
51 (dont 0 Unilu)
Nombre de téléchargements
15 (dont 0 Unilu)

citations Scopus®
 
4
citations Scopus®
sans auto-citations
4
OpenCitations
 
0
citations OpenAlex
 
5

Bibliographie


Publications similaires



Contacter ORBilu