Optimization is the selection of the best element (with regard to some Constrains) from some set of available alternatives. In the simplest case, an optimization problem consists of maximizing or minimizing a real function by systematically choosing input values from within an allowed set and computing the value of the function. The generalization of optimization theory and techniques to other formulations comprises a large area of applied mathematics. More generally, optimization includes finding “best available” values of some objective function given a defined domain, including a variety of different types of objective functions and different types of domains.
Energy optimization means using energy wisely. Energy knowledge and optimization tools are needed for this goal.
Pinch technology, exergy analysis, and mathematical programming are the main tools for energy optimization in various sectors of the energy.