Power System Decarbonization Assessment: A Case Study from Taiwan

The first global stocktake (GST) at 2023 UN Climate Change Conference (COP28) pointed out that accelerating the phasing down of fossil fuels has become an important mitigation policy to maintain a maximum temperature limit of 1.5 °C. The optimal power portfolio for achieving Taiwan’s net-zero emissi...

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Main Authors: Chun-Kai Wang, Chien-Ming Lee
Format: Article
Language:English
Published: MDPI AG 2024-02-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/17/4/859
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author Chun-Kai Wang
Chien-Ming Lee
author_facet Chun-Kai Wang
Chien-Ming Lee
author_sort Chun-Kai Wang
collection DOAJ
description The first global stocktake (GST) at 2023 UN Climate Change Conference (COP28) pointed out that accelerating the phasing down of fossil fuels has become an important mitigation policy to maintain a maximum temperature limit of 1.5 °C. The optimal power portfolio for achieving Taiwan’s net-zero emissions by 2050 is evaluated from the perspective of sustainable development. This study is enhances the 2021 research findings of Wang et al. on the sustainable power model, incorporating homogenized cost and technical constraints for empirical analysis. The results indicated that renewable energy sources play a pivotal role in achieving net-zero emissions. Gas power generation requires careful consideration, including early decommissioning or the adoption of carbon capture and storage (CCS) technology to prevent carbon lock-in and compete with hydrogen energy technology. Notably, coal combined with CCS technology offers a viable option for a cost-effective roadmap for a decarburized power generation portfolio by 2050, serving as a reference for national planning strategies for promoting net-zero emissions.
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spelling doaj.art-77e5ddd3786b41bab917a5e7a7cb353c2024-02-23T15:15:16ZengMDPI AGEnergies1996-10732024-02-0117485910.3390/en17040859Power System Decarbonization Assessment: A Case Study from TaiwanChun-Kai Wang0Chien-Ming Lee1Taiwan Research Institute, New Taipei City 251, TaiwanInstitute of Natural Resources Management, National Taipei University, New Taipei City 23741, TaiwanThe first global stocktake (GST) at 2023 UN Climate Change Conference (COP28) pointed out that accelerating the phasing down of fossil fuels has become an important mitigation policy to maintain a maximum temperature limit of 1.5 °C. The optimal power portfolio for achieving Taiwan’s net-zero emissions by 2050 is evaluated from the perspective of sustainable development. This study is enhances the 2021 research findings of Wang et al. on the sustainable power model, incorporating homogenized cost and technical constraints for empirical analysis. The results indicated that renewable energy sources play a pivotal role in achieving net-zero emissions. Gas power generation requires careful consideration, including early decommissioning or the adoption of carbon capture and storage (CCS) technology to prevent carbon lock-in and compete with hydrogen energy technology. Notably, coal combined with CCS technology offers a viable option for a cost-effective roadmap for a decarburized power generation portfolio by 2050, serving as a reference for national planning strategies for promoting net-zero emissions.https://www.mdpi.com/1996-1073/17/4/859net-zero emissioncost effectivenesssustainable powerpower portfolio
spellingShingle Chun-Kai Wang
Chien-Ming Lee
Power System Decarbonization Assessment: A Case Study from Taiwan
Energies
net-zero emission
cost effectiveness
sustainable power
power portfolio
title Power System Decarbonization Assessment: A Case Study from Taiwan
title_full Power System Decarbonization Assessment: A Case Study from Taiwan
title_fullStr Power System Decarbonization Assessment: A Case Study from Taiwan
title_full_unstemmed Power System Decarbonization Assessment: A Case Study from Taiwan
title_short Power System Decarbonization Assessment: A Case Study from Taiwan
title_sort power system decarbonization assessment a case study from taiwan
topic net-zero emission
cost effectiveness
sustainable power
power portfolio
url https://www.mdpi.com/1996-1073/17/4/859
work_keys_str_mv AT chunkaiwang powersystemdecarbonizationassessmentacasestudyfromtaiwan
AT chienminglee powersystemdecarbonizationassessmentacasestudyfromtaiwan