A multi‐objective optimization approach to polygeneration energy systems design

Polygeneration, typically involving co‐production of methanol and electricity, is a promising energy conversion technology which provides opportunities for high energy utilization efficiency and low/zero emissions. The optimal design of such a complex, large‐scale and highly nonlinear process system poses significant challenges. In this article, we present a multiobjective optimization model for the optimal design of a methanol/electricity polygeneration plant. Economic and environmental criteria are simultaneously optimized over a superstructure capturing a number of possible combinations of technologies and types of equipment. Aggregated models are considered, including a detailed methanol synthesis step with chemical kinetics and phase equilibrium considerations. The resulting model is formulated as a non‐convex mixed‐integer nonlinear programming problem. Global optimization and parallel computation techniques are employed to generate an optimal Pareto frontier.