LAUSR.org creates dashboard-style pages of related content for over 1.5 million academic articles. Sign Up to like articles & get recommendations!

Allocation Model of Carbon Emission Permits for the Electric Power Industry with a Combination Subjective and Objective Weighting Approach

Photo from wikipedia

The electric power industry plays a vital role in carbon emissions reduction efforts. The initial allocation of carbon emission permits to the electric power industry is the key to ensuring… Click to show full abstract

The electric power industry plays a vital role in carbon emissions reduction efforts. The initial allocation of carbon emission permits to the electric power industry is the key to ensuring the effective operation of the carbon trading market. In this study, the multiple correlated factors that affect the carbon emission permit allocation system were extracted. Then, based on the experts’ knowledge and experience, the subjective weight of each index was determined using an improved analytic hierarchy process. Subsequently, the indices were mapped using an improved entropy weight method, and the objective weight of each index was adaptively determined. Finally, the comprehensive weight of each index was determined by optimizing the combination of its subjective and objective weights, and an allocation model of carbon emission permits for the electric power industry was established. A case study of a province by comparative simulation was performed. The simulation results showed that compared with conventional allocation schemes that consider single factors, the theoretical estimates obtained using the proposed model more objectively reflected the actual situation of carbon emissions reduction permits and responsibilities in the region.

Keywords: power industry; carbon; carbon emission; electric power

Journal Title: Energies
Year Published: 2020

Link to full text (if available)


Share on Social Media:                               Sign Up to like & get
recommendations!

Related content

More Information              News              Social Media              Video              Recommended



                Click one of the above tabs to view related content.