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Author O'Ryan, R.; Nasirov, S.; Alvarez-Espinosa, A.
Title Renewable energy expansion in the Chilean power market: A dynamic general equilibrium modeling approach to determine CO2 emission baselines Type
Year 2020 Publication Journal Of Cleaner Production Abbreviated Journal J. Clean Prod.
Volume 247 Issue Pages 11 pp
Keywords CGE model; Renewable energy; CO2 emissions; Chile
Abstract Over the last decade, a high dependency on carbon-intensive fuels in the Chilean power sector has led to environmental concerns, particularly regarding rapid growth in CO2 emissions. More recently, the power sector has experienced significant structural changes with a rapid expansion of renewables in the energy matrix, and this trend is expected to cause significant variations in future CO2-emission baseline scenarios. To investigate the economy-wide impact of renewable energy expansions in Chile's energy mix, this research, based on a Computable General Equilibrium (CGE) model, examines different CO2 emission baseline scenarios. However, because traditional CGE modeling approaches cannot capture the impact of a sector's recent structural changes, we present a step-by-step approach to incorporate different energy matrices from an external engineering bottom-up model into the CGE model. The results indicate that the Business as Usual (BAU) scenario, in which structural changes are not considered, significantly overstates expected emissions. Conversely, considering structural changes in our CGE model shows Chile advancing towards its declared Nationally Determined Contribution (NDC) to reduce greenhouse gas emissions. Furthermore, the methodology implemented in the study has the advantage of being a simple integrated approach that is coherent with current modeling capacities in many developing contexts. (C) 2019 Elsevier Ltd. All rights reserved.
Address [O'Ryan, Raul; Nasirov, Shahriyar] Univ Adolfo Ibanez, Fac Ingn & Ciencias, Ave Diagonal Las Torres 2640, Santiago 7941169, Chile, Email: raul.oryan@uai.cl;
Corporate Author Thesis
Publisher Elsevier Sci Ltd Place of Publication Editor
Language English Summary Language (up) Original Title
Series Editor Series Title Abbreviated Series Title
Series Volume Series Issue Edition
ISSN 0959-6526 ISBN Medium
Area Expedition Conference
Notes WOS:000505696700119 Approved
Call Number UAI @ eduardo.moreno @ Serial 1092
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