Compensation of CO₂ Emissions from Petrol Stations with Photovoltaic Parks: Cost-Benefit and Risk Analysis

Abstract

This paper presents a new approach for reducing the CO 2 emissions in the transport sector based on emission compensation. A cost-benefit analysis method of investments in photovoltaic parks at petrol stations is used, which accounts for all the initial investments and maintenance costs in terms of expenses. The benefits are divided into financial and ecological. The method has been implemented in the specialised cost-benefit analysis tool, and an analysis has been performed for the city of Ruse, Bulgaria. Risk analysis on the influence of the main risk factors -the price of conventional energy and the buying price of energy from renewable energy sources is also performed. The results showed that investments in photovoltaic parks at petrol stations could pay off within 6 to 9 years in the more likely scenarios. The investment could reduce the CO 2 emissions, related to the petrol station, by 10% to 37% depending on the scenario and the criterion used.

Evaluation of Rice Straw Yield, Fibre Composition and Collection Under Mediterranean Conditions

“…For example, conversion of crop residues can represent one of vital aspects for sustainable development (Abraham et al, 2016). According to the European Commission roadmap, the GHGe should be cut to 40% below the 1990 levels by 2030 and to 80% below the 1990 levels by 2050 (Beloev et al, 2017). Considering all the types of agricultural crop residues, rice straw has been reported to be the most available cellulose source in the world, which makes it interesting for several environmentally friendly applications, like the production of biomaterials, biofuels or high-added value biomolecules (Abraham et al, 2016;Singh et al, 2016).…”

Comparison of Smoke Emissions in Different Combustion Engine Fuels

“…The issue addressed by us is current from the environmental aspect, as evidenced by other publications. Beloev et al (2017) focused on reducing the CO 2 emissions in the transport sector based on emission compensation and Čedík et al (2018) solved the effect of biobutanol-sunflower oil-diesel fuel blends on operational parameters of combustion engines.…”

Defining the information flows for DLT of a transport company in the mining industry according to the criteria for sustainable development

“…In the presence of electric vehicles, the company may have implemented a system for remote diagnostics according to the temperature of certain parts or other parameters. In order to reduce carbon emissions [11], the share of electric vehicles in all sectors of production is expected to increase [29], and the information flow can be supplemented with parameters such as tire condition, battery condition, battery voltage of the individual vehicles, charging time, number of charging cycles, LCC, management or optimization of PV renewable source for charging [30] and etc. Information flows in the management of electric vehicles are not discussed in the article.…”