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Satish Acharya. The evaluation of impacts of palm oil based biodiesel policies in transport sector of Thailand using computable general equilibrium modeling. Master's Degree(Engineering and Technology). Thammasat University. Thammasat University Library. : Thammasat University, 2020.
The evaluation of impacts of palm oil based biodiesel policies in transport sector of Thailand using computable general equilibrium modeling
Name: Satish Acharya
keyword:
Oil palm
;
B10
;
B20
;
Thailand
Abstract:
The increasing energy demand and the saturated transport nexus have prompted the emergence of alternative transport fuels. In Thailand, on-road transportation accounts for 60% of total diesel use. Palm oil-based biodiesel is continually promoted as the partial substitute for diesel fuel in the transportation sector. In the meantime, the Thai government has implemented the mandatory use of B10 as a standard diesel mix and the use of B20 in heavy trucks as an alternative diesel mix. Additionally, the new State Oil Fund Act enacted in 2019 has announced to phase out the price subsidies for biofuels by 2022. Given the potential of palm oil-based biodiesel and the compatibility of vehicles that can take up higher biodiesel blends, it is increasingly necessary to strategize to promote higher biodiesel blended diesel mixes. Phasing out the subsidies on diesel mixes may lead to a widespread impact on the economy. Similarly, the production efficiency of feedstock would be one of the robust instruments to promote higher biodiesel blended diesel mixes and have a significant impact on the economy. The purpose of this study is to evaluate the economy-wide and environmental impacts of a shift in the share of consumption from B10 to B20 diesel mix in Thailand along with the implications of subsidy removal on diesel mixes and the production efficiency enhancement of oil palm using static computable general equilibrium (CGE) model. Simulation scenarios are set up featuring all these interdependent policies. The results show that a higher level of shift in consumption share offers improved aids to the economy, society, and environment. Subsidy removal could remove financial burdens and reduce CO2 emissions but ends with negative socio-economic impacts. However, phasing out the price subsidies on diesel mixes will exhibit positive impacts on several macroeconomic indicators during the shift. Besides, the results reveal that increasing the production efficiency by only 5% of oil palm enhances economic growth. Moreover, production efficiency improvement during shift rests as a crucial instrument in promoting higher biodiesel blended diesel mixes, socio-economic benefits, reduced carbon dioxide emissions and lucrative transportation services. However, policy to phase out the subsidies on diesel mixes unveil higher environmental benefits along with the reduction in the budgetary burdens for government than production efficiency enhancement of oil palm policy when shifting towards higher biodiesel blends
Thammasat University. Thammasat University Library
Address:
BANGKOK
Email:
preserv@tu.ac.th
Name: Mongkut Piantanakulchai
Role:
advisor
Created:
2020
Modified:
2023-03-03
Issued:
2023-03-03
วิทยานิพนธ์/Thesis
application/pdf
eng
DegreeName: Master of Science
Level: Master's Degree
Descipline: Engineering and Technology
Grantor: Thammasat University
©copyrights Thammasat University
RightsAccess:
ใช้เวลา
0.021039 วินาที
Satish Acharya
| Title | Contributor | Type |
|---|---|---|
| The evaluation of impacts of palm oil based biodiesel policies in transport sector of Thailand using computable general equilibrium modeling
มหาวิทยาลัยธรรมศาสตร์ Satish Acharya | Mongkut Piantanakulchai | วิทยานิพนธ์/Thesis |
Mongkut Piantanakulchai