Analyzing the Criteria of Efficient Carbon Capture and Separation Technologies for Sustainable Clean Energy Usage

Haibing Liu, Serhat Yüksel and Hasan Dinçer
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Haibing Liu: School of Economics and Management, Lanzhou Jiaotong University, Lanzhou 730070, China
Serhat Yüksel: School of Business, İstanbul Medipol University, Istanbul 34815, Turkey
Hasan Dinçer: School of Business, İstanbul Medipol University, Istanbul 34815, Turkey

Energies, 2020, vol. 13, issue 10, 1-12

Abstract: This study focuses on carbon capture and distribution technology, which is a new approach to the solution of this problem. In order to use this technology more effectively, six significant criteria are defined by considering the essentials of the international Loss Control Institute and the supported literature. Moreover, the analytic network process (ANP) is applied for measuring the relative importance of each factor. The findings demonstrate that organizational factor has the greatest importance, whereas market factor is the weakest element. In addition, the education of the personnel is the most important criterion for low-cost industrial carbon dioxide capture and separation technologies. In this context, it is seen that companies need competent personnel in order to reduce the costs of these products. There are two types of strategies that companies can develop to achieve this goal. Firstly, it would be appropriate for companies to provide their staff with the necessary training on carbon capture and storage technologies. The second most important strategy is for the new personnel to be employed in the company. When choosing new employees, it is necessary to measure whether they have sufficient knowledge about this technology. These strategies will contribute to lower costs when developing products for carbon capture and storage technology.

Keywords: carbon emission; carbon capture and storage; sustainability; green energy; ANP (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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