Carbon Emission Management of Industrial Parks Based on Carbon Price and Electricity Consumption Prediction

Driven by carbon neutrality ambitions, effective carbon emission management has become paramount for industrial park sustainability. This study proposes an industrial park carbon emission management model incorporating carbon price and electricity consumption predictions. By leveraging historical data and machine learning algorithms, separate prediction models for carbon price and electricity consumption are developed. These predictions, combined with park-specific carbon emission intensity data, enable forecasting future carbon emissions. The model further incorporates government carbon policies and park emission reduction targets to formulate data-driven management strategies. Results demonstrate the model’s effectiveness in predicting carbon emission trends and providing scientific emission reduction recommendations, facilitating the achievement of carbon neutrality goals within industrial parks.

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Publication Details

Published
2024-10-25
DOI
https://doi.org/10.1109/sges63808.2024.10824121
Primary Topic
Regional Development and Environment
Type
article
Field-Weighted Citation Impact
0.00

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article

Carbon Emission Management of Industrial Parks Based on Carbon Price and Electricity Consumption Prediction

Bin He, Fang Lei, Jinjian Wang, C. Zhang et al.
Regional Development and Environment
article

Carbon Emission Management of Industrial Parks Based on Carbon Price and Electricity Consumption Prediction

Bin He, Fang Lei, Jinjian Wang, C. Zhang, Zhonghao Li, Zijie Yang, Bingtao Guo
article en

Abstract

Driven by carbon neutrality ambitions, effective carbon emission management has become paramount for industrial park sustainability. This study proposes an industrial park carbon emission management model incorporating carbon price and electricity consumption predictions. By leveraging historical data and machine learning algorithms, separate prediction models for carbon price and electricity consumption are developed. These predictions, combined with park-specific carbon emission intensity data, enable forecasting future carbon emissions. The model further incorporates government carbon policies and park emission reduction targets to formulate data-driven management strategies. Results demonstrate the model’s effectiveness in predicting carbon emission trends and providing scientific emission reduction recommendations, facilitating the achievement of carbon neutrality goals within industrial parks.

Shanghai University (CN), State Grid Corporation of China (China) (CN)
State Grid Corporation of China
Openalex Percentile: Top 59%
Regional Development and Environment
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