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Development of a multi-objective decision-making method to evaluate correlated decarbonization measures under uncertainty – The example of international shipping

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  • Hu, Hongtao
  • Yuan, Jun
  • Nian, Victor

Abstract

Shipping is a major contributor to total global CO2 emissions. In recent years, various operational and technical measures have been proposed to decarbonize the shipping sector. The cost-effectiveness of these mitigation measures is usually evaluated on an individual basis. However, the cost-effectiveness of individual measures could be influenced by the presence of other measures (when selected simultaneously) used to meet the decarbonization targets. As such, it is important to take into consideration such interdependencies when ranking and selecting the mitigation measures. In response to this problem, we propose a method to systematically rank and select the mitigation measures whose cost and carbon abatement potentials depend on the presence of one another. The proposed method is also capable of accounting for uncertain input factors, such as implementation costs and fuel costs. Through a case study considering a set of 14 measures, findings from our study demonstrate the importance of considering the interdependencies of these mitigation measures. We further conduct a sensitivity analysis, in order to ascertain the influence of the relevant input parameters.

Suggested Citation

  • Hu, Hongtao & Yuan, Jun & Nian, Victor, 2019. "Development of a multi-objective decision-making method to evaluate correlated decarbonization measures under uncertainty – The example of international shipping," Transport Policy, Elsevier, vol. 82(C), pages 148-157.
    • Handle: RePEc:eee:trapol:v:82:y:2019:i:c:p:148-157
    DOI: 10.1016/j.tranpol.2018.07.010
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    Cited by:

    1. Wang, Tingsong & Cheng, Peiyue & Zhen, Lu, 2023. "Green development of the maritime industry: Overview, perspectives, and future research opportunities," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 179(C).
    2. Patrizia Serra & Gianfranco Fancello, 2020. "Towards the IMO’s GHG Goals: A Critical Overview of the Perspectives and Challenges of the Main Options for Decarbonizing International Shipping," Sustainability, MDPI, vol. 12(8), pages 1-32, April.
    3. Jun Yuan & Haowei Wang & Szu Hui Ng & Victor Nian, 2020. "Ship Emission Mitigation Strategies Choice Under Uncertainty," Energies, MDPI, vol. 13(9), pages 1-20, May.

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