Mitigating CO 2 emissions by adjusting the power generation mix in Taiwan

George J.Y. Hsu and Tser-Yieth Chen

International Journal of Global Energy Issues, 2005, vol. 23, issue 4, 360-373

Abstract: In this paper, we employ a multi-objective programming model to estimate the power generation mix trade-off between generation costs and CO₂ emissions in Taiwan. Eight policy scenarios are simulated and compared to the reference and base cases. The empirical results show that, for the electricity sector, CO₂ emissions in 2010 could be set at 120% of the 1990 level, by way of promoting cogeneration and gas-fired generation capacity. The estimated per unit mitigation cost of CO₂ emission would be US$358/ton. The policy implications are discussed and limitation of this study is also presented.

Keywords: Kyoto Protocol; CO 2 emissions; carbon emissions; mitigation cost; multi-objective programming; power generation mix; Taiwan; generation costs; energy policy; electricity generation; greenhouse gas emissions; carbon dioxde. (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijgeni:v:23:y:2005:i:4:p:360-373

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