Green Project Planning with Realistic Multi-Objective Consideration in Developing Sustainable Port
Wei Wang,
Jingjie Chen,
Qi Liu and
Zhaoxia Guo
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Wei Wang: College of Harbour, Coastal and Offshore Engineering, Hohai University, Nanjing 210098, China
Jingjie Chen: Business School, Sichuan University, Chengdu 610065, China
Qi Liu: Business School, Sichuan University, Chengdu 610065, China
Zhaoxia Guo: Business School, Sichuan University, Chengdu 610065, China
Sustainability, 2018, vol. 10, issue 7, 1-15
Abstract:
Implementing green projects is critical to achieve the green and sustainable development goal. This paper investigates a green project planning with the realistic consideration of multiple objectives including minimizing the total cost and maximizing the total emission reduction. The realistic multi-objective problem in engineering optimization aims to find a best solution for real-world use instead of finding a set of Pareto-optimal solutions. To handle this problem, we develop a weight sets-based multi-objective evolutionary optimization approach to find the best solution for realistic use. The approach integrates a single-objective evolutionary optimization process, novel solution encoding and decoding heuristics, and a non-dominated sort technique. Based on real-world data from a seaport in China, experiments were conducted to validate the proposed optimization approach. Results show that the proposed approach can effectively solve the real-world multi-objective green project planning problem because the solution found by our approach is one of the Pareto optimal solutions generated by the NSGA-II.
Keywords: low-carbon project planning; green objectives; sustainable port (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:10:y:2018:i:7:p:2385-:d:157020
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