Optimizing Corporate Energy Choices: A Framework for the Net-Zero Emissions Transition
For the net-zero emission goal by 2050, the government of Taiwan has mandated large electricity consumers to utilize 10% green electricity to mitigate carbon emissions. Major enterprises face challenges in selecting appropriate green power options and integrating the benefits of carbon reduction into corporate governance decision-making. This study aims to optimize the combination of various green power options through a system dynamics approach, incorporating existing power purchase conditions and electricity consumption data from enterprises. In addition, by utilizing financial estimations with the monetization of environmental benefits, we constructed a more complete evaluation model for enterprises transitioning to green power. The results indicate low investment returns in various green energy portfolios. However, if power storage equipment is utilized to participate in auxiliary services, the investment return of green energy can be significantly enhanced. This evaluation model is also available online for business professionals across various sectors to explore and reference.
Authors
- Chun-hsu Lin (ORCID: https://orcid.org/0000-0002-8078-1921)
- Lihchyi Wen
- Jia-Cheh Lo
Institutions
- Chung-Hua Institution for Economic Research (TW)
Publication Details
- Journal
- Energies
- Published
- 2025-03-21
- DOI
- https://doi.org/10.3390/en18071582
- Citations
- 2
- Primary Topic
- Energy Efficiency and Management
- Type
- article
- Field-Weighted Citation Impact
- 0.73