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On the design of economic NMPC based on an exact turnpike property
Publikationstyp
Conference Paper
Publikationsdatum
2015
Sprache
English
Enthalten in
Volume
28
Issue
8
Start Page
525
End Page
530
Citation
IFAC-PapersOnLine 28 (8): 525-530 (2015)
Contribution to Conference
Publisher DOI
Scopus ID
Publisher
Elsevier
We discuss the design of sampled-data economic nonlinear model predictive control schemes for continuous-time systems. We present novel sufficient convergence conditions that do not require any kind of terminal constraints nor terminal penalties. Instead, the proposed convergence conditions are based on an exact turnpike property of the underlying optimal control problem. We prove that, in the presence of state constraints, the existence of an exact turnpike implies recursive feasibility of the optimization. We draw upon the example of optimal fish harvest to illustrate our findings.
Schlagworte
Economic model predictive control
Optimal control
Stability
Turnpike property
DDC Class
510: Mathematics