Abstract: Taiwan was the first country in Asia to announce
“Nuclear-Free Homeland" in 2002. In 2008, the new government
released the Sustainable Energy Policy Guidelines to lower the
nationwide CO2 emissions some time between 2016 and 2020 back to
the level of year 2008, further abatement of CO2 emissions is planed in
year 2025 when CO2 emissions will decrease to the level of year 2000.
Besides, under consideration of the issues of energy, environment and
economics (3E), the new government declared that the nuclear power
is a carbon-less energy option. This study analyses the effects of
nuclear power generation for CO2 abatement scenarios in Taiwan. The
MARKAL-MACRO energy model was adopted to evaluate economic
impacts and energy deployment due to life extension of existing
nuclear power plants and build new nuclear power units in CO2
abatement scenarios. The results show that CO2 abatement effort is
expensive. On the other hand, nuclear power is a cost-effective choice.
The GDP loss rate in the case of building new nuclear power plants is
around two thirds of the Nuclear-Free Homeland case. Nuclear power
generation has the capacity to provide large-scale CO2 free electricity.
Therefore, the results show that nuclear power is not only an option for
Taiwan, but also a requisite for Taiwan-s CO2 reduction strategy.