Renewable energy expansion in the Chilean power market: A dynamic general equilibrium modeling approach to determine CO2 emission baselines

O’Ryan, Raúl; Nasirov, Shahriyar; Álvarez-Espinosa, Andrés Camilo

doi:10.1016/j.jclepro.2019.119645

Cited by 46 publications

(14 citation statements)

References 20 publications

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“…The selection of a sustainable solar system (solar), a sustainable biogas system (biogas), an efficient lighting device (Lighting), an efficient cooling device (Cooling), and an efficient cooking stove (Cooking) scenario aims to reduce emissions levels sustainably. In this case, this action is estimated to be able to save cooling energy by 22.99% in 2050 (Kusumadewi and Limmeechokchai 2017;Erdiwansyah et al 2019b;O'Ryan et al 2020;Ben Jebli et al 2020;Khanna et al 2019). One of the RE developments that has attracted foreign investors in solar PV is reported by (Kennedy 2018).…”

Section: Introductionmentioning

confidence: 99%

Investigation of availability, demand, targets, and development of renewable energy in 2017–2050: a case study in Indonesia

Erdiwansyah

Mahidin

Husin

et al. 2021

Int J Coal Sci Technol

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Abundant potential of renewable energy (RE) in Indonesia is predicted to replace conventional energy which continues to experience depletion year by year. However, until now, the use of RE has only reached 2% of the existing potential of 441.7 GW. The main overview of this work is to investigate the availability of RE that can be utilized for electricity generation in Indonesia. National energy demand and targets in the long run during the 2017–2050 period are also discussed. Besides, government policies in supporting RE development are considered in this work. The results show that the potential of RE in Indonesia can be utilized and might replace conventional energy for decades. The use of RE for electricity generation can be achieved by employing a government policy that supports the investor as the executor of RE development. The selling price of electricity generated from RE is cheaper than electricity generated from fossils; this makes economy is more affordable for people. Finally, the target set by the government for utilizing RE as the main energy in Indonesia can be done by implementing several policies for the RE development. Thus, greenhouse gas emissions and the use of petroleum fuels can be reduced.

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Section: Introductionmentioning

confidence: 99%

Investigation of availability, demand, targets, and development of renewable energy in 2017–2050: a case study in Indonesia

Erdiwansyah

Mahidin

Husin

et al. 2021

Int J Coal Sci Technol

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“…They conclude that CGE modeling has its strengths in economy-related policy evaluation issues-that relate to different SDGs-and for analyzing long term effects, but it struggles with a usually low level of technical detail. Besides, over the last decade there are growing number of literatures using CGE models to examine the impact of renewable energy development [8][9][10][11].…”

Section: Introductionmentioning

confidence: 99%

“…Although examining the impact of renewable energy development using a dynamic CGE model has been tested in the context of various countries, mostly developed ones, a few studies have been found about Chile and the South American region. For Chile, a previous study by the authors [8] presents an initial one-sided soft link model using the general equilibrium General Equilibrium Model for the Chilean Economy (ECOGEM)-Chile model to build a more realistic baseline scenario for Chile up to 2050. This is a recursive dynamic model with a significant sectoral, labor market, and external market disaggregation.…”

Section: Introductionmentioning

confidence: 99%

Decarbonization Tradeoffs: A Dynamic General Equilibrium Modeling Analysis for the Chilean Power Sector

2020

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Medium size developing countries like Chile that commit to decarbonization goals need to carefully assess the trade-offs associated to their intensity and timing, since most of the technologies required will be absorbed, not produced, by these countries. A rapid expansion of renewables in the Chilean energy matrix, mostly thanks to exceptional solar and wind resources, combined with a rapid decrease in the cost of renewable energy technologies, intensified current policy debates to reduce the role of coal, which is the largest source of CO2 emissions in the generation mix. Recently, the main generation companies in Chile made a voluntary commitment to not invest in new coal projects that do not include carbon capture and storage systems. In addition, the Chilean government announced its plans to phase out coal plants completely by 2040. In this context, the aim of this research is to study the economy-wide and emission reduction impacts of different decarbonization paths in the Chilean power sector. For this purpose, we consider dynamic simulations using a new energy-oriented version of the Computable General Equilibrium Model (CGE)- General Equilibrium Model for the Chilean Economy (ECOGEM)-Chile which is soft linked to the bottom-up engineering energy model. The results show the major impacts under both the business as usual (BAU) scenario and the coal phase-out scenario. Additionally, the study discusses to what extent the ambitious decarbonization goals of the Chilean government are coherent with the current technological limitations.

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“…The selection of a sustainable solar system (solar), a sustainable biogas system (biogas), an efficient lighting device (Lighting), an efficient cooling device (Cooling), and an efficient cooking stove (Cooking) scenario aim to reduce emissions levels sustainably. Where this action is targeted at 2050 can save cooling energy by 22.99% [8][9][10][11][12]. One RE that is attracting foreign investors in solar PV as reported by [13].…”

Section: Introductionmentioning

confidence: 99%

Investigation of availability, demand, targets, economic growth and development of RE 2017-2050: Case study in Indonesia

Erdiwansyah¹,

Mahidin²,

Husin³

et al. 2020

Preprint

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The potential for (RE) in Indonesia is quite abundant and is predicted to replace conventional energy which continues to experience depletion and depletion in the next few years. However, until now the use of RE has only reached 2% of the existing potential of 441.7GW overall. The main overview of this work is to investigate the availability of RE that can be utilized for electricity generation in Indonesia. National energy demand and targets in the long run during the 2017-2050 period are also discussed. Besides, government policies in supporting RE development are also considered in this work. The results show that the potential for RE in Indonesia can be utilized and might replace conventional energy for decades. Utilization of RE for electricity generation can be achieved with a government policy that supports the investor as the executor of RE development. The selling price of electricity from the use of RE is cheaper than fossils so that people's economy is more affordable. Finally, the government's target for the utilization of RE as the main energy in Indonesia can be done by implementing several policies for the development of RE. Thus, greenhouse gas emissions and the use of petroleum fuels can reduced.

show abstract

Renewable energy expansion in the Chilean power market: A dynamic general equilibrium modeling approach to determine CO2 emission baselines

Cited by 46 publications

References 20 publications

Investigation of availability, demand, targets, and development of renewable energy in 2017–2050: a case study in Indonesia

Investigation of availability, demand, targets, and development of renewable energy in 2017–2050: a case study in Indonesia

Decarbonization Tradeoffs: A Dynamic General Equilibrium Modeling Analysis for the Chilean Power Sector

Investigation of availability, demand, targets, economic growth and development of RE 2017-2050: Case study in Indonesia

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