Optimal dispatching of integrated energy system considering flexible load

Demand response, as an effective dispatching method, has been widely used in the optimization research of integrated energy system (IES). In this article, first, the mathematical model of flexible loads including shiftable electric, heat, and cooling load are established in line with their characteristics. Second, an optimal scheduling model of the IES is built, where the minimum sum of system operation and maintenance and the environmental protection costs comprise the objective function. Furthermore, the alternating direction multiplier method is used to solve the optimal scheduling model in a fully distributed manner. Finally, simulation results show that the proposed model and algorithm can efficiently solve the IES optimal dispatching problem, reduce the peak-valley difference, and improve the stability of the system.

Environmental category of reporting on sustainable development of the corporation

Subject. This article discusses the issues of reporting on sustainable development in the Russian Federation, which is a State task approved by the Concept for the Development of Public Non-Financial Reporting. Objectives. The article aims to investigate the issues of systematization and disclosure of information on aspects of the environmental category of sustainable development reporting and explain the rationale to develop corporate standards that ensure the formation of internal and public non-financial reporting. Methods. For the study, we used analysis, synthesis, generalization, comparison, and the logical method. Results. The article substantiates the need to develop corporate reporting standards that systematize information on aspects of the environmental category and presents a typology of environmental protection costs that form indicators that allow assessing the effectiveness of environmental initiatives. Conclusions. The proposals formulated can contribute to the task of generating reliable information on the environmental category of sustainable development reporting enabling users to make informed economic decisions.

The national budget as the financial basis for the environmental policy in the EU countries

Subject. The article discusses the role of the budgetary system in the EU countries in financing the environmental policy of States. We analyze the volume and structure of environmental taxes and national budgetary spending on environmental protection, and their equilibrium. Objectives. We trace modern trends in the environmental portion of the EU countries’ budgets and substantiate thresholds of budgetary revenue and expenditures with respect to the environment in the Russian Federation. Methods. The study is based on general, economic-statistical methods and methods of economic analysis of trend series. Results. Having analyzed ecotaxes and budgetary spending on environmental protection in 2010–2019, we traced the stabilizing tendency of the budgetary contribution to finance of the environmental policy in 27 EU countries in terms of income and expenditures for environmental protection, the differentiation of the above indicators across the EU countries. In the EU countries, local authorities are obviously in charge of financing environmental protection costs, maintaining the surplus of the environmental portion of national budgets. We measured the mean value of environmental taxes and national budget spending in environmental protection in 27 EU countries. Conclusions and Relevance. As the EU actively promotes sustainable development values, respective budgetary systems continue to make more or less the same contribution throughout 2010–2019, according to aggregate data of 27 EU countries. However, the contribution significantly differs as per data of certain EU countries. Assessing the adequacy and balance of the environmental portion of the Russian consolidated budget, mean values of the EU data can be used to substantiate thresholds of the indicators.

ENVIRONMENT PROTECTION COSTS IN POLISH DAIRY COOPERATIVES

The paper presents problems related to the costs incurred for environmental protection in Polish dairy cooperatives. It was found, inter alia, that the costs of environmental protection in this industry sector are high and are rising rapidly. The costs of sewage disposal and treatment are of key importance as they represent the largest share in the total costs of environmental protection, i.e. nearly 95%. In 2018, they amounted to approximately PLN 1.5 million per cooperative, which was almost three times more than in 2004. Other environmental protection costs account for approximately 5% of total environmental protection costs. So, the key to environmental success in dairy cooperatives is rational wastewater management. Therefore, it is advisable for managers to consider building their own wastewater treatment plants with sizes and parameters appropriate to the scale of milk processing and the number of finished product ranges produced. The study also found that the costs of training employees and farmers on environmental protection are low, which may suggest the desirability of increasing them according to real needs, so as to ensure an appropriate level of understanding and persuasion of farmers -shareholders for further investments related to environmental protection. It was also found that the scale of milk processing and the number of manufactured assortments strongly affect the total costs of environmental protection of dairy cooperatives in Poland. Legal requirements regarding environmental protection are so restrictive and economically effective that their omission may lead to increasing financial, management, technological and legal difficulties. Therefore, the compliance of dairy cooperatives with legal environmental requirements is a must, which should generally be assessed positively.

ESG-finance principles as the key drivers of Russian regions’ investment potential

This article presents an analysis of challenges and prospects for the development of responsible investment in Russia and gives a detailed description of the ESG-finance principles (ESG - Environmental, Social, Governance). The new economic conditions cause necessity to search the new methodology approaches in different theoretical fields. The author gives a wide summary of approaches to precise an investment potential of the regions in Russia and makes a conclusion that all of the existing assessment tools are not perfect and need to be improved. Such an enhancement could be based on the results of the a pairwise correlation analysis: the author considers data sampling for all the regions of the Russian Federation and tests it with four indicators: the investment activity of the region, as a resulting indicator; environmental protection costs, the number of companies disclosing non-financial reporting and percentage of companies in the region implementing innovations in the framework of energy conservation, as factors in assessing the investment potential of the region.

Decommissioning and rehabilitation: what's tax got to do with it?

The obligation to decommission oil and gas facilities and rehabilitate a petroleum operation area typically arises when a producer or titleholder wishes to exit the field or title. It is a costly but necessary condition and a consequence of being granted the right to extract the resource. The issue is not necessarily confined to the field life ending, but is also a pertinent consideration in an ownership transfer transaction that can happen at any stage of a project’s lifecycle. This is especially so given present regulatory uncertainty over a titleholder’s ongoing liability for any unsatisfied decommissioning responsibilities after transferring the title to another party. When considering decommissioning and rehabilitation options, strategies and timing, it is important to understand the Australian income tax and petroleum resource rent tax implications and their effect on the after-tax costs of undertaking those activities and the economics of the project as a whole. The Australian tax system makes general provision for decommissioning and rehabilitation (including environmental protection) costs to be tax-relieved. However, this paper demonstrates that there are several inefficiencies in the Australian tax regulations and in their administration, which can often restrict or impede the ability to obtain effective tax relief. A more responsive and progressive tax policy setting is urgently needed to better accommodate the evolving nature by which decommissioning obligations and risks associated with petroleum operations are managed by industry now and into the future.

Cost-Effective Access Based Android System of Mobile Application for Blind Person

nowadays, savvy purchasing in current shopping center stores that supply exclusive items is an fantastic check for humans with visual disabilities. A evidence-of-idea wearable framework imagined to help outwardly weakened clients with finding racked objects. the broadcast content cloth, as an example, scanner tag indicates up all around the vicinity. along the ones lines, dazzle individuals need a few help to peruse this standardized identification at the same time as goes out on the town to preserve. This paper suggests a digital camera-based totally definitely object facts peruser to assist daze people to peruse statistics about the gadgets thru the scanner tag. The virtual digital camera is going about as a primary imaginative and prescient in spotting the standardized identity of the items then the scanner tag will be organized inner to get the object statistics via manner of utilising ECLIPSETM programming by the usage of unfastened programming equipment PhpMyAdmin eventually distinguishes the object name, cost and brand. The identified item statistics is articulated via the content material todiscourse innovation (TTS). The TTS are utilized to change over the content into discourse regions with the aid of utilising voice yield. Its plan does no longer require any device instrumentation of the store and turns on low set up order and protection costs