Developing an emission risk control model in coal‐fired power plants for investigating CO2 reduction strategies for sustainable business development
构建了一个气候风险控制模型,结合可再生能源和碳捕集技术,通过模糊混合整数优化方法,在平衡电力供需的前提下,实现30%的排放削减,为印度东部燃煤电厂的减排投资决策提供依据。
Abstract The climatic risk consists of financial and environmental risks, predominantly evolutes from carbon dioxide emissions from coal‐fired power plants. We develop a climatic risk control model to investigate the coexistence of renewable energy and the post‐combustion carbon capture technology as CO 2 reduction strategies. Additionally, our proposed framework explicitly considers the acceptance of such strategies based on a balance of electricity supply according to demand. This paper adopts an additive fuzzy mixed‐integer optimization approach to model uncertain parameters and determines the optimal solution focusing on business and the environment. Furthermore, we investigate the feasibility of such emission control strategies with scenario analysis that help to execute the country's emission reduction policies. The usefulness of our methodology is demonstrated using data from the coal‐based power sector in the Eastern part of India. Overall, with the proposed model, we can achieve 30% reduction in emission release, which provides strategies to the decision‐maker for investment towards sustainable development.