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Electricity is very important for daily living and plays a major role in national development in Thailand with around 20.5% proportion in national final energy consumption, mainly from burning fossil fuels which have a direct effect to the greenhouse gas emission level of the country. Hence, the...
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Our new analytical general equilibrium model is used to study effects of tightening state Renewable Portfolio Standards (RPS) on electricity price, CO2 emissions, fossil fuel electricity generation, and two kinds of renewable generation. We show how those outcomes depend on key state...
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