Multi-Objective Model Research with Clean Energy Technologies in Low Carbon Power Planning

2013 ◽  
Vol 341-342 ◽  
pp. 1223-1228
Author(s):  
Jia Qing Zhong ◽  
Zhi Gang Lu ◽  
Ke Ke Yan
Keyword(s):  
Wind Power ◽  
Carbon Capture ◽  
Clean Energy ◽  
Emissions Reduction ◽  
Carbon Trading ◽  
Low Carbon ◽  
Bacterial Colony ◽  
Multi Objective ◽  
Energy Technologies ◽  
Objective Model

With the increasing development of clean energy technologies, the application of new energy and carbon capture technology would have a positive effect for CO2 emissions reduction. In this paper, planning of power system model including clean energy technology facing low carbon targets established, considering the carbon emission rights allocation and carbon trading. By studying coal-fired power plant planning model with wind power and carbon capture technology for the future planning period, establish the multi-objective model of minimum comprehensive cost and biggest carbon trading gains, considering constraint conditions of power generating capacity, wind power integrated capacity and carbon emissions reduction targets. Use the bacterial colony chemotaxis algorithm for optimization calculation of the power planning, to give a planning scheme that can meet the requirements of economic development trend and emission reducing requirements.

scholarly journals Green Banking Trends: Customer Knowledge and Awareness in India

2020 ◽  
Vol 8 (1) ◽  
pp. 54-60
Author(s):  
V Chitra ◽  
R Gokilavani
Keyword(s):  
Private Sector ◽  
Financial Institution ◽  
Private Investment ◽  
Clean Energy ◽  
Climatic Conditions ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Energy Technologies ◽  
Private Sector Investment ◽  
Consumer Markets

Global warming is increasing; therefore, Change is the law of nature. The changes like the environmental and climatic conditions, are one of the most complicated issues faced by the growing society. The survival of the fittest contributes to the idea of adaptation to the changes in society. Today’s business is all about being green, and companies use this as a key strategy to expand its market and impact society. Even the top companies like Amazon to apple are moving in a great way towards green. The economic development lies in the palms of the banks being the financial organizations.Green banking means a financial institution, typically public or quasi-public, that uses innovative financing techniques and market development tools in partnership with the private sector to accelerate deployment of clean energy technologies. Green banks use public funds to leverage private investment in clean energy technologies that, despite being commercially viable, have struggled to establish a widespread presence in consumer markets. Green banks seek to reduce energy costs for ratepayers, stimulate private sector investment and economic activity, and expedite the transition to a low-carbon economy. Adoption of green banking practices will not only be useful for the environment but also benefit in greater operational efficiencies, minimum errors and frauds, and cost reductions in banking activities. The present paper aims to highlightIndian initiatives and adoption by various banks towards green banking in India. Further, an attempt has been made to highlight the major benefits, confronting challenges of Green Banking.

Green pivot: can Australia master the hydrogen trade?

2021 ◽  
Vol 61 (2) ◽  
pp. 466
Author(s):  
Prakash Sharma ◽  
Benjamin Gallagher ◽  
Jonathan Sultoon
Keyword(s):  
Carbon Capture ◽  
Large Scale ◽  
Carbon Capture And Storage ◽  
Clean Energy ◽  
Low Carbon ◽  
Metallurgical Coal ◽  
Thermal Coal ◽  
The World ◽  
Trading Partners ◽  
End Use

Australia is in a bind. It is at the heart of the pivot to clean energy: it contains some of the world’s best solar irradiance and vast potential for large-scale carbon capture and storage; it showed the world the path forward with its stationary storage flexibility at the much vaunted Hornsdale power reserve facility; and it moved quickly to capitalise on low-carbon hydrogen production. Yet it remains one of the largest sources for carbon-intensive energy exports in the world. The extractive industries are still delivering thermal coal for power generation and metallurgical coal for carbon-intensive steel making in Asian markets. Even liquefied natural gas’s green credentials are being questioned. Are these two pathways compatible? The treasury and economy certainly benefit. But there is a huge opportunity to redress the source of those funds and jobs, while fulfilling the aspirations to reach net zero emissions by 2050. In our estimates, the low-carbon hydrogen economy could grow to become so substantial that 15% of all energy may be ultimately ‘carried’ by hydrogen by 2050. It is certainly needed to keep the world from breaching 2°C. Can Australia master the hydrogen trade? It is believed that it has a very good chance. Blessed with first-mover investment advantage, and tremendous solar and wind resourcing, Australia is already on a pathway to become a producer of green hydrogen below US$2/kg by 2030. How might it then construct a supply chain to compete in the international market with established trading partners and end users ready to renew old acquaintances? Its route is assessed to mastery of the hydrogen trade, analyse critical competitors for end use and compare costs with other exporters of hydrogen.

The Role of Clean Energy

2018 ◽  
Author(s):  
Joseph Romm
Keyword(s):  
Energy Transition ◽  
Clean Energy ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Energy Technologies ◽  
Carbon Economy

This chapter will focus on the clean energy revolution and the technologies most widely discussed for a transition to a low carbon economy. It will explore the scale of the energy transition needed to explain why some energy technologies are considered likely to be major...

CCS Can Make Fossil-Fueled Energy Clean in Guangdong Province, China

2013 ◽  
Vol 807-809 ◽  
pp. 783-789 ◽  
Author(s):  
Di Zhou ◽  
Cui Ping Liao ◽  
Peng Chun Li ◽  
Ying Huang
Keyword(s):  
Carbon Capture ◽  
Large Scale ◽  
Fossil Fuel ◽  
Northern South China Sea ◽  
Carbon Capture And Storage ◽  
Guangdong Province ◽  
Sedimentary Basins ◽  
Clean Energy ◽  
Low Carbon ◽  
Fossil Fuel Energy

CCS (Carbon Capture and Storage) is the only technology available to achieve a deep cut in CO2emissions from large-scale fossil fuel usage. Although Guangdong Province has less heavy industries and higher reliance on energy import compared with many other provinces in China, CCS is still essential for the low-carbon development in the province. This is because fossil fuel energy is now and will be in the foreseeable future the major energy in Guangdong. CCS may have other benefits such as helping energy security and bring new business opportunities. The feasibility of CCS development in Guangdong is ensured by the existence of sufficient CO2storage capacity in offshore sedimentary basins in the northern South China Sea. A safe CO2storage is achievable as long as the selection of storage sites and the storage operations are in restrict quality control. The increased cost and energy penalty associated with CCS could be reduced through technical R&D, the utilization of captured CO2, and the utilization of infrastructure of offshore depleted oil fields. Fossil fuel energy plus CCS should be regarded as a new type of clean energy and deserves similar incentive policies that have been applied to other clean energies such as renewables and nuclear.

China Power Source Structure and CO2 Emissions Reduction

2011 ◽  
Vol 361-363 ◽  
pp. 946-953
Author(s):  
Yu Ze Jiang ◽  
Yan Zhao Yang ◽  
Qing Wei Guo
Keyword(s):  
Wind Power ◽  
Energy Production ◽  
Nuclear Power ◽  
Thermal Power ◽  
Clean Energy ◽  
Power Source ◽  
Emissions Reduction ◽  
Hydroelectric Power ◽  
Installed Capacity ◽  
Source Structure

According to the statistics data and planning material from the authority, the power source structure of China is analyzed and the clean power prospect is forecasted, which aim to explore occurring to CO2emissions reduction in the power industry. Based on The national greenhouse gas list guide published by Inter-governmental Panel on Climate Change (IPCC) in 2006, the trend of clean energy reduction CO2is predicted. In recent years, the clean energy power is developing quickly, while the share of thermal power gradually declines. By the end of 2010, the percent of thermal power in the total installed capacity is 73.44%, while the hydropower, and wind power and nuclear power accounts for 26.53%. The contribution of thermal power to generated energy is 80.76%, while the clean power is 19.22%. The capacity of thermal power unit with above 300 MW is predominate, accounting for 80%. In 2020, the installed capacity of hydroelectric power, wind power and nuclear power will reach 402 million kW, 150 million kW and 70 million kW, respectively. The corresponding annual energy production of three kinds of clean energy can reach 1.75 trillion kW•h, 314.55 billion kW•h, and 554.68 billion kW•h, which can reduce CO2emissions 1534, 276, 486 million tons, respectively. It is estimated that a total of 2.296 billion tons CO2emissions will be reduced in 2020.

Application of Carbon Capture and Sequestration in Clean Energy Cycle Technology

2014 ◽  
Vol 608-609 ◽  
pp. 1041-1045
Author(s):  
Lan Lan Xie
Keyword(s):  
Economic Development ◽  
Carbon Capture ◽  
Social Activity ◽  
Clean Energy ◽  
Development Planning ◽  
Hebei Province ◽  
Low Carbon ◽  
Development Mode ◽  
Low Carbon Economy ◽  
Carbon Economy

The low carbon economy development mode refers to the use of a low carbon economy related theoretical knowledge, organization economy and social activity, the traditional economic development mode is transformed into a new low carbon economy development mode. With the economic development of Hebei Province, a low carbon economy development as the guidance, and Hebei Province low carbon economy development planning as the purpose, to establish Hebei Province low carbon economy development mode structure. At the same time, the economic development of Hebei Province is carried out investigation and analysis, the original data of Hebei Province economic development uses standard data method and normal distribution, to carry out standard processing. According to the analytic hierarchy process, the combination of Hebei Province low carbon economy evaluation and index hierarchy analysis method, to carry out system evaluation for the overall carbon economy development.

scholarly journals Research on low-carbon power planning with gas turbine units based on carbon transactions

2021 ◽  
Vol 252 ◽  
pp. 03060
Author(s):  
Lu Yu ◽  
Shi Shengyao ◽  
Zhang Dachi ◽  
Feng Shunqiang ◽  
Zhang Yuanmei ◽  
...  
Keyword(s):  
Power System ◽  
Gas Turbine ◽  
Carbon Emission ◽  
Peak Load ◽  
Carbon Trading ◽  
Planning Model ◽  
Low Carbon ◽  
Bacterial Colony ◽  
The Cost ◽  
Low Carbon Emission

In the context of low carbon economy, introducing carbon trading and developing low-carbon energy generation is an important means to realize low-carbon development of the power system. Because gas power generation has the advantages of high efficiency, low carbon emission and strong peak load capability, the gas generator unit is added to the planning plan and a low carbon power planning model based on carbon trading is established. The goal of the model is to minimize the cost of the system integration. The cost includes investment operation cost and carbon transaction cost. And the natural gas supply constraints and carbon trading constraints are increased in the constraint condition. Finally, the discrete bacterial colony chemotaxis algorithm is adopted to solve this model. Through the model comparison and sensitivity analysis, it is concluded that the addition of gas turbine unit and carbon trading mechanism can optimize the power supply structure, promote the construction of low carbon unit. and realize the conclusion of low carbon emission reduction of power system. And the results verify the effectiveness of the proposed power planning model.

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