dc.description.abstract | In the past decades, carbon dioxide (CO2) emissions have been increasing alongside their negative effects on the environment. The most notable harm is the increase in global average surface temperatures. Governmental efforts, such as the Kyoto Protocol and the Paris Agreement, have been regulated, since 1997, to aid in the reduction of emissions. Carbon emissions can be reduced in several ways, including renewables and Carbon Capture, Utilization, and Storage (CCUS). CCUS is a sustainable and cost-effective way to reduce emissions from highly polluting industries such as cement, steel, and the chemical processing sector. Capturing and treating CO2 emissions is a crucial step in carbon integration in which CO2 is captured and used as a feedstock with natural gas to produce many hydrocarbon-based products such as methanol, ammonia, and hydrogen production. In this paper, a systematic approach on how to allocate and monetize natural gas networks sustainably will be explored. The allocation will be done on an operational basis using a multi-integer nonlinear program to reduce CO2 emissions from industrial clusters to mitigate climate change. Furthermore, carbon capture utilization including emerging technologies, such as the electrochemical carbon dioxide reduction, will be further investigated as methods to reduce carbon dioxide emissions. Renewable energy sources, such as solar energy, have been widely considered as the next step towards a decarbonized world. As a result, this paper will also explore the effect of integrating part of the power grid with renewable energy sources to reduce the emissions from natural gas fired power plants. Multi-period analysis will also be implemented to explore strategies to reduce CO2 emissions from the cluster. | |