A General Equilibrium Analysis of Demand Side Management Programs under the Clean Development Mechanism of the Kyoto Protocol
This paper analyzes the economic and environmental consequences of a potential demand side management program in Thailand using a general equilibrium model. The program considers replacement of less efficient electrical appliances in the household...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/03/9087214/general-equilibrium-analysis-demand-side-management-programs-under-clean-development-mechanism-kyoto-protocol http://hdl.handle.net/10986/6499 |
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okr-10986-6499 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADVERSE EFFECTS AGRICULTURE AIR POLLUTANTS AIR POLLUTION AIR POLLUTION REDUCTIONS APPLIANCE EFFICIENCY APPROACH BALANCE BROWN COAL CAPITAL GOODS CARBON ABATEMENT CARBON DIOXIDE CARBON EMISSIONS CARBON MARKET CARBON TAX CARBON TAXES CD CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLIMATE CHANGE COAL COAL OIL COMBUSTION TECHNOLOGIES COMBUSTION TURBINE COMPACT FLUORESCENT LAMPS COMPUTABLE GENERAL EQUILIBRIUM MODEL COST OF ELECTRICITY COST OF ENERGY COSTS OF ELECTRICITY CRUDE OIL DEMAND FOR ELECTRICITY DEVELOPMENT POLICY DISPOSABLE INCOME ECONOMIC LIFE ECONOMIC SECTORS ECONOMICS EFFICIENT LIGHTING ELASTICITIES ELASTICITY OF SUBSTITUTION ELECTRIC MOTORS ELECTRIC UTILITIES ELECTRICAL MACHINERY ELECTRICITY CONSUMPTION ELECTRICITY COSTS ELECTRICITY DEMAND ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELECTRICITY INDUSTRY ELECTRICITY PRICE ELECTRICITY PRICES ELECTRICITY SAVINGS ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY TARIFF EMISSION EMISSION FACTOR EMISSION REDUCTION EMISSION REDUCTIONS EMISSIONS EMISSIONS REDUCTION EMISSIONS REDUCTIONS END USE END-USE ENERGY CONSERVATION ENERGY DEMAND ENERGY ECONOMICS ENERGY EFFICIENCY ENERGY EFFICIENCY IMPROVEMENTS ENERGY POLICY ENERGY PRICES ENERGY PRODUCTION ENERGY SAVINGS ENERGY SERVICE ENERGY SOURCES ENVIRONMENTAL ENVIRONMENTAL CONSEQUENCES ENVIRONMENTAL ECONOMICS ENVIRONMENTAL IMPACTS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL POLICY ENVIRONMENTAL POLLUTANTS ENVIRONMENTAL PROTECTION ENVIRONMENTAL TAX EQUILIBRIUM EXCHANGE RATE EXPORTS FINANCIAL RESOURCES FORESTRY FOSSIL FOSSIL FUEL FOSSIL FUELS FUEL CONSUMPTION FUEL COSTS FUEL WOOD FUNCTIONAL FORMS GDP GENERAL EQUILIBRIUM ANALYSIS GENERAL EQUILIBRIUM MODEL GLOBAL CLIMATE CHANGE GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS ABATEMENT GREENHOUSE GASES GROSS OUTPUT GROWTH RATE HEAT HOUSEHOLD SECTOR HYDROPOWER IMPERFECT SUBSTITUTES IMPORTS INCOME INFLATION INTEREST RATE INTEREST RATES INTERNAL COMBUSTION INTERNATIONAL TRADE INVENTORY LEISURE MARGINAL COST METALS MITIGATION POTENTIAL NATURAL GAS NITROGEN OPEC OPEN ECONOMY OPTIMIZATION PARTIAL EQUILIBRIUM ANALYSIS PARTICULATE PEAK DEMAND PETROLEUM PETROLEUM PRODUCTS PIPELINE POWER GENERATION POWER INDUSTRY PRICE ELASTICITY PRICE INCREASES PRICE OF ELECTRICITY PRIMARY ELECTRICITY PRIMARY SOURCES PRODUCERS PRODUCTION FUNCTION REDUCING ENERGY CONSUMPTION REFRIGERATION RENEWABLE ENERGY RENEWABLE ENERGY GENERATION RESIDENTIAL ENERGY REVENUE RECYCLING STEAM TURBINE SULFUR TAX RATES THERMAL POWER THERMAL POWER PLANTS TONS OF CARBON TOTAL COSTS TRADE BALANCE TRANSACTION COSTS UTILITY FUNCTION VOLATILE ORGANIC COMPOUNDS WAGES WELFARE EFFECTS WELFARE FUNCTION WELFARE LOSS |
| spellingShingle |
ADVERSE EFFECTS AGRICULTURE AIR POLLUTANTS AIR POLLUTION AIR POLLUTION REDUCTIONS APPLIANCE EFFICIENCY APPROACH BALANCE BROWN COAL CAPITAL GOODS CARBON ABATEMENT CARBON DIOXIDE CARBON EMISSIONS CARBON MARKET CARBON TAX CARBON TAXES CD CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLIMATE CHANGE COAL COAL OIL COMBUSTION TECHNOLOGIES COMBUSTION TURBINE COMPACT FLUORESCENT LAMPS COMPUTABLE GENERAL EQUILIBRIUM MODEL COST OF ELECTRICITY COST OF ENERGY COSTS OF ELECTRICITY CRUDE OIL DEMAND FOR ELECTRICITY DEVELOPMENT POLICY DISPOSABLE INCOME ECONOMIC LIFE ECONOMIC SECTORS ECONOMICS EFFICIENT LIGHTING ELASTICITIES ELASTICITY OF SUBSTITUTION ELECTRIC MOTORS ELECTRIC UTILITIES ELECTRICAL MACHINERY ELECTRICITY CONSUMPTION ELECTRICITY COSTS ELECTRICITY DEMAND ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELECTRICITY INDUSTRY ELECTRICITY PRICE ELECTRICITY PRICES ELECTRICITY SAVINGS ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY TARIFF EMISSION EMISSION FACTOR EMISSION REDUCTION EMISSION REDUCTIONS EMISSIONS EMISSIONS REDUCTION EMISSIONS REDUCTIONS END USE END-USE ENERGY CONSERVATION ENERGY DEMAND ENERGY ECONOMICS ENERGY EFFICIENCY ENERGY EFFICIENCY IMPROVEMENTS ENERGY POLICY ENERGY PRICES ENERGY PRODUCTION ENERGY SAVINGS ENERGY SERVICE ENERGY SOURCES ENVIRONMENTAL ENVIRONMENTAL CONSEQUENCES ENVIRONMENTAL ECONOMICS ENVIRONMENTAL IMPACTS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL POLICY ENVIRONMENTAL POLLUTANTS ENVIRONMENTAL PROTECTION ENVIRONMENTAL TAX EQUILIBRIUM EXCHANGE RATE EXPORTS FINANCIAL RESOURCES FORESTRY FOSSIL FOSSIL FUEL FOSSIL FUELS FUEL CONSUMPTION FUEL COSTS FUEL WOOD FUNCTIONAL FORMS GDP GENERAL EQUILIBRIUM ANALYSIS GENERAL EQUILIBRIUM MODEL GLOBAL CLIMATE CHANGE GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS ABATEMENT GREENHOUSE GASES GROSS OUTPUT GROWTH RATE HEAT HOUSEHOLD SECTOR HYDROPOWER IMPERFECT SUBSTITUTES IMPORTS INCOME INFLATION INTEREST RATE INTEREST RATES INTERNAL COMBUSTION INTERNATIONAL TRADE INVENTORY LEISURE MARGINAL COST METALS MITIGATION POTENTIAL NATURAL GAS NITROGEN OPEC OPEN ECONOMY OPTIMIZATION PARTIAL EQUILIBRIUM ANALYSIS PARTICULATE PEAK DEMAND PETROLEUM PETROLEUM PRODUCTS PIPELINE POWER GENERATION POWER INDUSTRY PRICE ELASTICITY PRICE INCREASES PRICE OF ELECTRICITY PRIMARY ELECTRICITY PRIMARY SOURCES PRODUCERS PRODUCTION FUNCTION REDUCING ENERGY CONSUMPTION REFRIGERATION RENEWABLE ENERGY RENEWABLE ENERGY GENERATION RESIDENTIAL ENERGY REVENUE RECYCLING STEAM TURBINE SULFUR TAX RATES THERMAL POWER THERMAL POWER PLANTS TONS OF CARBON TOTAL COSTS TRADE BALANCE TRANSACTION COSTS UTILITY FUNCTION VOLATILE ORGANIC COMPOUNDS WAGES WELFARE EFFECTS WELFARE FUNCTION WELFARE LOSS Timilsina, Govinda R. A General Equilibrium Analysis of Demand Side Management Programs under the Clean Development Mechanism of the Kyoto Protocol |
| geographic_facet |
East Asia and Pacific Thailand |
| relation |
Policy Research Working Paper; No. 4563 |
| description |
This paper analyzes the economic and
environmental consequences of a potential demand side
management program in Thailand using a general equilibrium
model. The program considers replacement of less efficient
electrical appliances in the household sector with more
efficient counterparts. The study further examines changes
in the economic and environmental effects of the program if
it is implemented under the clean development mechanism of
the Kyoto Protocol, which provides carbon subsidies to the
program. The study finds that the demand side management
program would increase economic welfare if the ratio of unit
cost of electricity savings to price of electricity is 0.4
or lower even in the absence of the clean development
mechanism. If the program's ratio of unit cost of
electricity savings to price of electricity is greater than
0.4, registration of the program under the clean development
mechanism would be needed to achieve positive welfare
impacts. The level of welfare impacts would, however, depend
on the price of carbon credits the program generates. For a
given level of welfare impacts, the registration of the
demand side management program under the clean development
mechanism would increase the volume of emission reductions. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Timilsina, Govinda R. |
| author_facet |
Timilsina, Govinda R. |
| author_sort |
Timilsina, Govinda R. |
| title |
A General Equilibrium Analysis of Demand Side Management Programs under the Clean Development Mechanism of the Kyoto Protocol |
| title_short |
A General Equilibrium Analysis of Demand Side Management Programs under the Clean Development Mechanism of the Kyoto Protocol |
| title_full |
A General Equilibrium Analysis of Demand Side Management Programs under the Clean Development Mechanism of the Kyoto Protocol |
| title_fullStr |
A General Equilibrium Analysis of Demand Side Management Programs under the Clean Development Mechanism of the Kyoto Protocol |
| title_full_unstemmed |
A General Equilibrium Analysis of Demand Side Management Programs under the Clean Development Mechanism of the Kyoto Protocol |
| title_sort |
general equilibrium analysis of demand side management programs under the clean development mechanism of the kyoto protocol |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/03/9087214/general-equilibrium-analysis-demand-side-management-programs-under-clean-development-mechanism-kyoto-protocol http://hdl.handle.net/10986/6499 |
| _version_ |
1764400409081806848 |
| spelling |
okr-10986-64992021-04-23T14:02:31Z A General Equilibrium Analysis of Demand Side Management Programs under the Clean Development Mechanism of the Kyoto Protocol Timilsina, Govinda R. ADVERSE EFFECTS AGRICULTURE AIR POLLUTANTS AIR POLLUTION AIR POLLUTION REDUCTIONS APPLIANCE EFFICIENCY APPROACH BALANCE BROWN COAL CAPITAL GOODS CARBON ABATEMENT CARBON DIOXIDE CARBON EMISSIONS CARBON MARKET CARBON TAX CARBON TAXES CD CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLIMATE CHANGE COAL COAL OIL COMBUSTION TECHNOLOGIES COMBUSTION TURBINE COMPACT FLUORESCENT LAMPS COMPUTABLE GENERAL EQUILIBRIUM MODEL COST OF ELECTRICITY COST OF ENERGY COSTS OF ELECTRICITY CRUDE OIL DEMAND FOR ELECTRICITY DEVELOPMENT POLICY DISPOSABLE INCOME ECONOMIC LIFE ECONOMIC SECTORS ECONOMICS EFFICIENT LIGHTING ELASTICITIES ELASTICITY OF SUBSTITUTION ELECTRIC MOTORS ELECTRIC UTILITIES ELECTRICAL MACHINERY ELECTRICITY CONSUMPTION ELECTRICITY COSTS ELECTRICITY DEMAND ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELECTRICITY INDUSTRY ELECTRICITY PRICE ELECTRICITY PRICES ELECTRICITY SAVINGS ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY TARIFF EMISSION EMISSION FACTOR EMISSION REDUCTION EMISSION REDUCTIONS EMISSIONS EMISSIONS REDUCTION EMISSIONS REDUCTIONS END USE END-USE ENERGY CONSERVATION ENERGY DEMAND ENERGY ECONOMICS ENERGY EFFICIENCY ENERGY EFFICIENCY IMPROVEMENTS ENERGY POLICY ENERGY PRICES ENERGY PRODUCTION ENERGY SAVINGS ENERGY SERVICE ENERGY SOURCES ENVIRONMENTAL ENVIRONMENTAL CONSEQUENCES ENVIRONMENTAL ECONOMICS ENVIRONMENTAL IMPACTS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL POLICY ENVIRONMENTAL POLLUTANTS ENVIRONMENTAL PROTECTION ENVIRONMENTAL TAX EQUILIBRIUM EXCHANGE RATE EXPORTS FINANCIAL RESOURCES FORESTRY FOSSIL FOSSIL FUEL FOSSIL FUELS FUEL CONSUMPTION FUEL COSTS FUEL WOOD FUNCTIONAL FORMS GDP GENERAL EQUILIBRIUM ANALYSIS GENERAL EQUILIBRIUM MODEL GLOBAL CLIMATE CHANGE GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS ABATEMENT GREENHOUSE GASES GROSS OUTPUT GROWTH RATE HEAT HOUSEHOLD SECTOR HYDROPOWER IMPERFECT SUBSTITUTES IMPORTS INCOME INFLATION INTEREST RATE INTEREST RATES INTERNAL COMBUSTION INTERNATIONAL TRADE INVENTORY LEISURE MARGINAL COST METALS MITIGATION POTENTIAL NATURAL GAS NITROGEN OPEC OPEN ECONOMY OPTIMIZATION PARTIAL EQUILIBRIUM ANALYSIS PARTICULATE PEAK DEMAND PETROLEUM PETROLEUM PRODUCTS PIPELINE POWER GENERATION POWER INDUSTRY PRICE ELASTICITY PRICE INCREASES PRICE OF ELECTRICITY PRIMARY ELECTRICITY PRIMARY SOURCES PRODUCERS PRODUCTION FUNCTION REDUCING ENERGY CONSUMPTION REFRIGERATION RENEWABLE ENERGY RENEWABLE ENERGY GENERATION RESIDENTIAL ENERGY REVENUE RECYCLING STEAM TURBINE SULFUR TAX RATES THERMAL POWER THERMAL POWER PLANTS TONS OF CARBON TOTAL COSTS TRADE BALANCE TRANSACTION COSTS UTILITY FUNCTION VOLATILE ORGANIC COMPOUNDS WAGES WELFARE EFFECTS WELFARE FUNCTION WELFARE LOSS This paper analyzes the economic and environmental consequences of a potential demand side management program in Thailand using a general equilibrium model. The program considers replacement of less efficient electrical appliances in the household sector with more efficient counterparts. The study further examines changes in the economic and environmental effects of the program if it is implemented under the clean development mechanism of the Kyoto Protocol, which provides carbon subsidies to the program. The study finds that the demand side management program would increase economic welfare if the ratio of unit cost of electricity savings to price of electricity is 0.4 or lower even in the absence of the clean development mechanism. If the program's ratio of unit cost of electricity savings to price of electricity is greater than 0.4, registration of the program under the clean development mechanism would be needed to achieve positive welfare impacts. The level of welfare impacts would, however, depend on the price of carbon credits the program generates. For a given level of welfare impacts, the registration of the demand side management program under the clean development mechanism would increase the volume of emission reductions. 2012-05-29T13:24:41Z 2012-05-29T13:24:41Z 2008-03 http://documents.worldbank.org/curated/en/2008/03/9087214/general-equilibrium-analysis-demand-side-management-programs-under-clean-development-mechanism-kyoto-protocol http://hdl.handle.net/10986/6499 English Policy Research Working Paper; No. 4563 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific Thailand |