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Equilibrium Strategy-Based Optimization Method for Carbon Emission Quota Allocation in Conventional Power Plants

Author

Listed:
  • Qian Huang

    (Business School, Sichuan University, Chengdu 610064, China)

  • Qing Feng

    (Business School, Sichuan University, Chengdu 610064, China)

  • Yuan Tian

    (Tourism School, Sichuan University, Chengdu 610064, China)

  • Li Lu

    (Business School, Sichuan University, Chengdu 610064, China
    Tourism School, Sichuan University, Chengdu 610064, China)

Abstract

Carbon emissions have become significant obstacles to sustainable development. To control carbon emissions, rational carbon emissions quota allocation provides an effective way. As conventional power plants (CPP) are the major contributors to global carbon emissions, this study proposes an equilibrium strategy-based bi-level multi-objective model for carbon emissions quota allocation which fully considers the conflict between the authority and the CPPs, and the conflict between economic development and environmental protection. In addition, uncertainty theory is employed to represent the imprecise parameters in reality. The proposed model is then applied to Shenzhen to show the practicality and efficiency of the proposed model. An interactive algorithm is developed to calculate. Based on results, the proposed method can achieve carbon emissions reductions, cooperative authority-CPPs relationship and economic-environmental coordination. It also indicates that the authority would allocate greater quotas to lower carbon emissions power plants. These results demonstrate the proposed method could help seek optimal allocation policies.

Suggested Citation

  • Qian Huang & Qing Feng & Yuan Tian & Li Lu, 2018. "Equilibrium Strategy-Based Optimization Method for Carbon Emission Quota Allocation in Conventional Power Plants," Sustainability, MDPI, vol. 10(9), pages 1-18, September.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:9:p:3195-:d:168217
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    References listed on IDEAS

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