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Full-Text Articles in Business
Is Electricity Storage Green? A Study On Commercial Buildings, Yangfang (Helen) Zhou
Is Electricity Storage Green? A Study On Commercial Buildings, Yangfang (Helen) Zhou
Research Collection Lee Kong Chian School Of Business
Electricity storage facilities, such as industrial batteries, are considered the “holy grail” in decarbonizing the electrical grid. They are being widely installed in commercial buildings, e.g., hospitals and shopping centers. We model the problem of managing electricity storage in a commercial building as a Markov Decision Process. Our numerical results, based on models calibrated to the electricity load profiles of 100 commercial buildings in the U.S., show that for every electricity load profile, storage operation may increase carbon emissions.
A Framework For Evaluating Energy Sustainability Efforts In Maritime Terminal Operations, Kar Way Tan, Members Of Green Transformation Lab
A Framework For Evaluating Energy Sustainability Efforts In Maritime Terminal Operations, Kar Way Tan, Members Of Green Transformation Lab
Research Collection School Of Computing and Information Systems
Environmental sustainability at ports has been getting more attention from port operators and port regulators. GHG emissions associated with operations and search for clean energy sources are some issues that are continuously monitored and urgently addressed at leading ports across the world. Singapore port, one of the busiest in the world, is no exception. In the planning for the Singapore’s next generation port, this study helps to provide a framework to learn, evaluate and monitor sustainability initiatives in maritime terminal operations for Singapore and selected international ports.
Multi-Item Production Planning With Carbon Cap And Trade Mechanism, Bin Zhang, Liang Xu
Multi-Item Production Planning With Carbon Cap And Trade Mechanism, Bin Zhang, Liang Xu
Research Collection Lee Kong Chian School Of Business
Carbon emission control becomes a challenge in recent years, and carbon emission trading is an effective way to curb carbon emission. This paper investigates the multi-item production planning problem with carbon cap and trade mechanism, in which a firm uses a common capacity and carbon emission quota to produce multiple products for fulfilling independent stochastic demands, and the firm can buy or sell the right to emit carbon on a trading market of carbon emission. A profit-maximization model is proposed to characterize the optimization problem. The optimal policy of production and carbon trading decisions is analyzed, and an efficient solution …