Pathways to eliminate carbon emissions via renewable energy investments at higher education institutions

Abstract

Higher education institutions are among the many public and private sector entities that have committed to long-term sustainability goals in response to the threat of climate change. A key challenge for these institutions is establishing a commitment to make targeted investments in renewable energy technologies in support of emissions reduction goals. Such strategies require a vision to simultaneously coordinate strategic investments in renewable energy technologies with tactical operational decisions to achieve the desired benefits. In this paper, we formulate and solve a least-cost renewable energy capacity investment planning model to determine pathways to achieve emissions reduction strategies. Specifically, we apply our model to Rutgers University to evaluate its target of 100 % carbon neutrality. Using these insights, we share recommendations on how these strategies can be executed. This research serves as a springboard for administrators to assess and deploy their emissions reduction strategies, while ensuring system and financial constraints are satisfied.