a control system for optimizing a chemical looping process of a power plant includes an optimizer , an income algorithm and a cost algorithm and a chemical looping process models . the process models are used to predict the process outputs from process input variables . some of the process in puts and output variables are related to the income of the plant ; and some others are related to the cost of the plant operations . the income algorithm provides an income input to the optimizer based on a plurality of input parameters of the power plant . the cost algorithm provides a cost input to the optimizer based on a plurality of output parameters of the power plant . the optimizer determines an optimized operating parameter solution based on at least one of the income input and the cost input , and supplies the optimized operating parameter solution to the power plant .