A model for integrating electric power supply with renewable energy sources in manufacturing companies

Roberto Revetria, Guido Guizzi, and Pietro Giribone

Keywords

Renewable Energy, Discrete Event Simulation, Sustainable Manufacturing, Monte Carlo simulation

Abstract

In this paper, the authors, consistent with the philosophy of Sustainable Manufacturing, propose a generalised methodology for replacing/supplementing traditional energy sources with renewable energy sources. The methodology, developed stochastically, makes extensive use of Discrete Event Simulation and the Monte Carlo method to optimize, for each hour of operation, the ratio of production from Renewable Energy Sources to supply from traditional sources. The final output is summarised as a Cumulative Distribution Function of the hourly lack of power produced by Renewable Energy Sources compared to system demands. In this way, the manager can, sufficiently in advance, select the most appropriate procurement strategy.

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