Thailand's Low-Carbon Scenario 2050: The AIM/CGE analyses of CO2 mitigation measures

Thepkhun, Panida; Limmeechokchai, Bundit; Fujimori, Shinichiro; Masui, Toshihiko; Shrestha, Ram M.

doi:10.1016/j.enpol.2013.07.037

Cited by 59 publications

(22 citation statements)

References 20 publications

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“…In the Long Term Mitigation Scenario process [8,9] and in [10] a CGE model is used to evaluate the impact of a carbon tax in South Africa. In [11] the macroeconomic impact in Thailand of introducing an emission trading system and carbon capture storage technologies was evaluated. In [12,13] a CGE model is used to evaluate how a carbon tax policy impacts on energy consumption and GHG emissions in China.…”

Section: Introductionmentioning

confidence: 99%

The Impact of a Carbon Tax on the Chilean Electricity Generation Sector

et al. 2015

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This paper aims to analyse the economy-wide implications of a carbon tax applied on the Chilean electricity generation sector. In order to analyse the macroeconomic impacts, both an energy sectorial model and a Dynamic Stochastic General Equilibrium model have been used. During the year 2014 a carbon tax of 5 US$/tCO2e was approved in Chile. This tax and its increases (10, 20, 30, 40 and 50 US$/tCO2e) are evaluated in this article. The results show that the effectiveness of this policy depends on some variables which are not controlled by policy makers, for example, non-conventional renewable energy investment cost projections, natural gas prices, and the feasibility of exploiting hydroelectric resources. For a carbon tax of 20 US$/tCO2e, the average annual emission reduction would be between 1.1 and 9.1 million tCO2e. However, the price of the electricity would increase between 8.3 and 9.6 US$/MWh. This price shock would decrease the annual GDP growth rate by a maximum amount of 0.13%. This article compares this energy policy with others such as the introduction of non-conventional renewable energy sources and a sectorial cap. The results show that the same global OPEN ACCESSEnergies 2015, 8 2675 greenhouse gas (GHG) emission reduction can be obtained with these policies, but the impact on the electricity price and GDP are lower than that of the carbon tax.

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Section: Introductionmentioning

confidence: 99%

The Impact of a Carbon Tax on the Chilean Electricity Generation Sector

et al. 2015

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“…In recent years, the literature related to SDG 7 in Thailand are decarbonization of energy systems [2,3,4] and the assessment of energy security [5,6,7,8]. Some studies have put attempts to combine energy modeling and scenario analysis at the sectoral level [9,10,11].…”

Section: Introductionmentioning

confidence: 99%

Recent Trends and Pathways in the UN Sustainable Development Goal 7 in Thailand

Phdungsilp¹,

Areerakulkan²,

Sukharomana³

2017

Topics in Economics, Business and Management (EBM)

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Sustainable energy is a global issue with significant sustainable development implications. The UN Sustainable Development Goals (SDGs) has specific goal to the energy sector so-called SDG 7. The SDG 7 focuses on accessing to affordable, reliable, sustainable, and modern energy services. It has three main targets and involves international cooperative actions. This paper examines the trends and analyzes the profiles of the SDG 7 in Thailand. It estimates SDG 7 indicators in the future under different energy scenarios. This paper contributes to energy studies by analyzing recent trends in SDG 7 and pathways to achieving the goal. The paper presents energy policies and measures related to SDG 7 in Thailand and other South-East Asian nations. It is found that under the three targets of SDG 7, namely energy access, renewable energy, and energy efficiency, Thailand has performed better than the global average. The paper calculates the indicators using findings from existing modeling studies to analyze the pathways for achieving SDG 7. The findings highlight an opportunity for Thailand to achieve SDG 7 by 2030.

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“…They argued that such a link with LCA can improve the accuracy of inventory for specific evolving technologies in LCA, while enhancing the methodology to conduct consequential assessments of energy policies. In this regard, extensive literature demonstrates the feasibility and effectiveness of using CGE or PE models to simulate future environmental burdens, although the proposed analyses were typically limited to the estimate of future carbon emissions without considering a full life cycle perspective (e.g., Bae and Cho, 2010;Chen et al, 2007;Dai et al, 2011;Strachan and Kannan 2008;Thepkhun et al, 2013;Zhou et al, 2013). Interestingly, Input-Output (IO) models were often used in combination with CGE or PE models, either as alternative to LCA or to strength the overall LCI for some specific technologies (see e.g., Dandres et al, 2012;Earles et al, 2013;Lee and Lee, 2008).…”

Section: Introductionmentioning

confidence: 99%

Combination of equilibrium models and hybrid life cycle - input–output analysis to predict the environmental impacts of energy policy scenarios

et al. 2015

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Nowadays, many countries adopt an active agenda to mitigate the impact of greenhouse gas emissions by moving towards less polluting energy generation technologies. The environmental costs, directly or indirectly generated to achieve such a challenging objective, remain however largely underexplored. Until now, research has focused either on pure economic approaches such as computable general equilibrium (CGE) and partial equilibrium (PE) models, or on (physical) energy supply scenarios. These latter could be used to evaluate the environmental impacts of various energy saving or cleaner technologies via life cycle assessment (LCA) methodology. These modelling efforts have, however, been pursued in isolation, without exploring the possible complementarities and synergies. In this study, we have undertaken a practical combination of these approaches into a common framework: on the one hand, by coupling a CGE with a PE model, and, on the other hand, by linking the outcomes from the coupling with a hybrid inputoutput−process based life cycle inventory. The methodological framework aimed at assessing the environmental consequences of two energy policy scenarios in Luxembourg between 2010 and 2025. The study highlights the potential of coupling CGE and PE models but also the related methodological difficulties (e.g. small number of available technologies in Luxembourg, intrinsic limitations of the two approaches, etc.). The assessment shows both environmental synergies and trade-offs due to the implementation of energy policies. For example, despite the changes in technologies towards the reduction of greenhouse gas emissions, only marginal improvements are observed in the climate change mitigation scenario as compared to the business-as-usual. The energy related production and imports are indeed expected to increase over time and represent a large contribution to the country's impacts. Interestingly, side effects on other impacts than climate change or fossil resource depletion (e.g. ionising radiation and water depletion) may also occur mainly due to the use of nuclear energy in neighbouring countries.

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Thailand's Low-Carbon Scenario 2050: The AIM/CGE analyses of CO2 mitigation measures

Cited by 59 publications

References 20 publications

The Impact of a Carbon Tax on the Chilean Electricity Generation Sector

The Impact of a Carbon Tax on the Chilean Electricity Generation Sector

Recent Trends and Pathways in the UN Sustainable Development Goal 7 in Thailand

Combination of equilibrium models and hybrid life cycle - input–output analysis to predict the environmental impacts of energy policy scenarios

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