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Energy Planning in Taiwan: An Alternative Approach Using a Multiobjective Programming and Input-Output Model

Faced with limited energy resources and soaring energy demand arising from rapid economic growth, Taiwan has to import a substantial amount of energy. In 1983, 88 percent of its total energy requirement (35.54 million kiloliters of oil equivalent) was imported. Since this heavy dependence will likely continue to increase for the next decade, energy economic planning in Taiwan is a critical issue. A major concern has been how "to achieve a certain economic growth rate with a minimum consumption of energy" (Kuo, 1983, p. 312).

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Energy Specializations: Energy Modeling – Energy Data, Modeling, and Policy Analysis

JEL Codes: Q41: Energy: Demand and Supply; Prices, Q40: Energy: General, Q35: Hydrocarbon Resources, Q38: Nonrenewable Resources and Conservation: Government Policy

Keywords: Energy planning, Taiwan, Multiobjective programming, Input-Output model, Energy scarcity

DOI: 10.5547/ISSN0195-6574-EJ-Vol9-No1-5

Published in Volume 9, Number 1 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.


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