Assessment of Energy Transition Policy in Taiwan—A View of Sustainable Development Perspectives

Chun-Kai Wang, Chien-Ming Lee, Yue-Rong Hong and Kan Cheng
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Chun-Kai Wang: Taiwan Research Institute, New Taipei City 251, Taiwan
Chien-Ming Lee: Institute of Natural Resources Management, National Taipei University, New Taipei City 23741, Taiwan
Yue-Rong Hong: Department of Information Management, National Taiwan University of Science and Technology, Taipei City 106335, Taiwan
Kan Cheng: Taiwan Research Institute, New Taipei City 251, Taiwan

Energies, 2021, vol. 14, issue 15, 1-14

Abstract: Energy transition has become a priority for adaptive policy and measures taken in response to climate change around the world. This is an opportunity and a challenge for the Taiwan government to establish a climate-resilient power generation mixed to ensure electricity security as well as climate change mitigation. This study adopted a sustainable development perspective and applied optimal control theory to establish a cost-effective model to evaluate a long-term (2050), climate-resilient power generation mix for Taiwan. Furthermore, this study applies the STIRPAT approach to predict the demand of electricity by 2050 for the demand side management. The results not only showed the share of various power generation mixed, but also recommended the trajectory of electricity saving by 2050.

Keywords: energy transition; optimal control; electricity portfolio; energy saving (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: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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