000197792 001__ 197792
000197792 005__ 20190812205743.0
000197792 037__ $$aCONF
000197792 245__ $$aTurnpike and dissipativity properties in dynamic real-time optimization and economic MPC
000197792 269__ $$a2014
000197792 260__ $$c2014
000197792 336__ $$aConference Papers
000197792 500__ $$aInvited paper.
000197792 520__ $$aWe investigate the turnpike and dissipativity properties of continuous-time optimal control problems. These properties play a key role in the analysis and design of schemes for dynamic real-time optimization and economic model predictive control. We show in a continuous-time setting that dissipativity of a system with respect to a steady state implies the existence of a turnpike at this steady state and optimal stationary operation at this steady state. Furthermore, we investigate the converse statements: We show that the existence of a turnpike at a steady state implies (a) that this steady state is the optimal steady state; and (b) that over an infinite horizon the system is optimally operated at this steady state. We draw upon a numerical example to illustrate our findings.
000197792 6531_ $$adissipativity
000197792 6531_ $$aturnpike property
000197792 6531_ $$adynamic real-time optimization
000197792 6531_ $$aeconomic model predictive control
000197792 700__ $$0247017$$g230932$$aFaulwasser, Timm
000197792 700__ $$0246186$$g219039$$aKorda, Milan
000197792 700__ $$aJones, Colin
000197792 700__ $$aBonvin, Dominique$$g104596$$0240449
000197792 7112_ $$dDecember 15-17, 2014$$cLos Angeles, California, USA$$a53rd IEEE Conference on Decision and Control
000197792 8564_ $$zn/a$$yn/a$$uhttps://infoscience.epfl.ch/record/197792/files/CDC_turnpike_final.pdf$$s292128
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000197792 937__ $$aEPFL-CONF-197792
000197792 973__ $$rREVIEWED$$sPUBLISHED$$aEPFL
000197792 980__ $$aCONF