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Study on Environmental and Economic Benefits of Photovoltaic integration with Iron and Steel Plants in Hebei Province
School of Business, Shandong University at Weihai, Weihai, 264209, China.
School of Business, Shandong University at Weihai, Weihai, 264209, China.
School of Business, Shandong University at Weihai, Weihai, 264209, China.
School of Business, Shandong University at Weihai, Weihai, 264209, China.
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2021 (English)In: Energy Proceedings, Scanditale AB , 2021, Vol. 15Conference paper, Published paper (Refereed)
Abstract [en]

Under the strategic goal of "peak carbon dioxide emissions and carbon neutrality" in China, industries with high energy consumption and high pollution, such as iron and steel plants, are facing great pressure of energy conservation and emission reduction, and are in urgent need of green and low-carbon transformation. In this paper, 46 iron and steel plants in Hebei province are taken as examples. GIS spatial analysis and environmental emission list method are used to build a comprehensive evaluation model of rooftop photovoltaic, and to calculate the technical potential, energy saving and emission reduction benefits and economic feasibility of deploying rooftop photovoltaic in iron and steel plants. Finally, carbon trading mechanism is introduced to analyze its impact on the carbon trading market. It is found that 46 iron and steel plants save 216,700 tons of standard coal, reduce 144,700 tons of CO2 emissions and reduce 1,500 tons of SO2, NOX, PM and other air pollutants every year. The economic benefit of power generation self-use mode is greater than that of grid-fed mode, with an average return on investment of 140% and a payback period of 5.5 years. The results verify that rooftop photovoltaic in iron and steel plants has dual benefits of energy saving and emission reduction and economy, and this data can provide a feasible path for iron and steel plants to use photovoltaic for green and low-carbon transformation.

Place, publisher, year, edition, pages
Scanditale AB , 2021. Vol. 15
Keywords [en]
carbon trade, economic performance, environmental benefits, iron and steel industry, PV integration
National Category
Mechanical Engineering
Identifiers
URN: urn:nbn:se:mdh:diva-66494DOI: 10.46855/energy-proceedings-8555Scopus ID: 2-s2.0-85190436413OAI: oai:DiVA.org:mdh-66494DiVA, id: diva2:1854636
Conference
Applied Energy Symposium: Low carbon cities and urban energy systems, 2021, Matsue, September 4-8, 2021
Note

Conference code: 310729

Available from: 2024-04-26 Created: 2024-04-26 Last updated: 2024-12-19Bibliographically approved

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Jiang, MingkunYan, Jinyue

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