Modelling the promotion of biomass use: A case study of Thailand
Suthin Wianwiwat and
John Asafu-Adjaye
Energy, 2011, vol. 36, issue 3, 1735-1748
Abstract:
This study develops a computable general equilibrium model of the Thailand economy which features several energy-specific enhancements. The model is used to simulate a number of potential policies to achieve the Thai government’s biomass-generated electricity targets contained in its 15-year renewable energy development plan. Examples of simulations conducted with the model include increasing biomass-based electricity purchased from small and very small power producers and increasing other agricultural residue use in electricity generation. The results indicate that implementation of all of the biomass-based electricity promotion policies is likely to achieve the short-run target and reduce somewhat the importation of fuels. However, the policy causes a huge increase in prices of biomass. The sugarcane-based sectors are big winners, while the cassava-based sectors are big losers. The losses can, however, be partly mitigated by promoting other agricultural residue use in electricity generation.
Keywords: Computable general equilibrium modelling; Biomass; Electricity; Energy policy; Renewable energy development (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:36:y:2011:i:3:p:1735-1748
DOI: 10.1016/j.energy.2010.12.055
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