Carbon emission management of coal power plant from the perspective of production planning in China

ABSTRACT

The operation of the national carbon emission trading market has brought new pressure to coal power plants in China. How to control the carbon emissions of the plants and ensure their power generation has become an important issue. This paper proposed a new production profit model based on risk constraint to explore a decision-making method for the plant’s carbon emission and production. A branch-and-cut algorithm is applied in the optimization solver to achieve a large-scale constraint linear programming, where the conditional value-at-risk is evaluated by Monte Carlo simulation. Results from the numerical analyses of the coal plant of 4520 MW capacity show that, the carbon emission according to our method is reduced by 3.94%, while the annual profit is increased by 1.25% and the overall cost is decreased by 1.06%. The proposed approach is helpful for the coal plants to manage their carbon emissions and optimize their power production.

KEYWORDS:

• Carbon emission
• multiple markets
• production decision
• coal power plant

Disclosure statement

No potential conflict of interest was reported by the author(s).

Additional information

Notes on contributors

Xiaolong Zhang

Xiaolong Zhang is a senior engineer from State Grid Electric Power Research Institute in China. His research interests are power production optimization, carbon emission management and quality control.

Yadong Dou

Yadong Dou is a lecturer from Nanjing University of Finance and Economics in China. His research interests are operation management, industrial engineering and optimization methods.

Chuchen Zhang

Chuchen Zhang is a student from Zhengjiang University in China. Her major is economic management.

Liwei Ding

Liwei Ding is a senior engineer from State Grid Electric Power Research Institute in China. He currently works on the promotion of energy efficiency on the energy consumption side.

Hongkun Lv

Hongkun Lv is a senior engineer from State Grid Electric Power Research Institute in China. His research interests are in the field of clean energy, integrated energy, and carbon emission analysis.