Biofuels for vehicles in Taiwan: Using system dynamics modeling to evaluate government subsidy policies

• Main Authors: Kuo, Tsai Chi, Lin, Syu Hong, Tseng, Ming Lang, Chiu, Anthony S.F., Hsu, Chia Wei
• Format: text
• Published: Animo Repository 2019
• Subjects: Biomass energy > Taiwan; Energy policy > Taiwan; Industrial Engineering; Operations Research, Systems Engineering and Industrial Engineering
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/2276; https://animorepository.dlsu.edu.ph/context/faculty_research/article/3275/type/native/viewcontent
• Institution: De La Salle University

This study proposes a biofuel model in Taiwan that considers the government subsidy policy, market demand, biofuel production cost, and social cost attributes. Biofuel is a prospective alternative and renewable solution to energy and environmental challenges in the transportation sector. However, th...