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Does Combined Heat and Power Play the Role of a Bridge in Energy Transition? Evidence from a Cross-Country Analysis

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  • Hyo-Jin Kim

    (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology, 232 Gongreung-Ro, Nowon-Gu, Seoul 01811, Korea)

  • Jeong-Joon Yu

    (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology, 232 Gongreung-Ro, Nowon-Gu, Seoul 01811, Korea)

  • Seung-Hoon Yoo

    (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology, 232 Gongreung-Ro, Nowon-Gu, Seoul 01811, Korea)

Abstract

In an era of energy transition involving an increase in renewable energy and a reduction in coal-fired power generation and nuclear power generation, the role of combined heat and power (CHP) as a bridging energy is highly emphasized. This article attempts to look empirically into the impact of increasing the share of renewable energy in total electricity generation on CHP share in total electricity generation in a cross-country context. Data from 35 countries during the period 2009–2015 were used, and the least absolute deviations estimator was applied to obtain a more robust parameter estimate. The results showed that a 1%p increase in the share of renewable energy significantly increased the CHP share by 0.87%p. Therefore, the hypothesis that CHP serves as bridge energy in the process of energy transition was established.

Suggested Citation

  • Hyo-Jin Kim & Jeong-Joon Yu & Seung-Hoon Yoo, 2019. "Does Combined Heat and Power Play the Role of a Bridge in Energy Transition? Evidence from a Cross-Country Analysis," Sustainability, MDPI, vol. 11(4), pages 1-8, February.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:4:p:1035-:d:206514
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    References listed on IDEAS

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    Cited by:

    1. Min, Jeoung-Sik & Lim, Seul-Ye & Yoo, Seung-Hoon, 2019. "Economic output-maximizing share of combined heat and power generation: The case of South Korea," Energy Policy, Elsevier, vol. 132(C), pages 1087-1091.
    2. Eid Gul & Giorgio Baldinelli & Pietro Bartocci, 2022. "Energy Transition: Renewable Energy-Based Combined Heat and Power Optimization Model for Distributed Communities," Energies, MDPI, vol. 15(18), pages 1-18, September.
    3. Gyeong-Sam Kim & Hyo-Jin Kim & Seung-Hoon Yoo, 2019. "Optimal Share of Natural Gas in the Electric Power Generation of South Korea: A Note," Sustainability, MDPI, vol. 11(13), pages 1-6, July.
    4. Kim, Ju-Hee & Kim, Hee-Hoon & Yoo, Seung-Hoon, 2022. "Social acceptance toward constructing a combined heat and power plant near people's dwellings in South Korea," Energy, Elsevier, vol. 244(PB).
    5. Kim, Ju-Hee & Lim, Seul-Ye & Yoo, Seung-Hoon, 2023. "Does district heating affect residential property prices? Case study of an urban area in South Korea," Utilities Policy, Elsevier, vol. 83(C).
    6. Hyung-Seok Jeong & Ju-Hee Kim & Seung-Hoon Yoo, 2021. "South Korean Public Acceptance of the Fuel Transition from Coal to Natural Gas in Power Generation," Sustainability, MDPI, vol. 13(19), pages 1-17, September.
    7. Stefan Blomqvist & Lina La Fleur & Shahnaz Amiri & Patrik Rohdin & Louise Ödlund (former Trygg), 2019. "The Impact on System Performance When Renovating a Multifamily Building Stock in a District Heated Region," Sustainability, MDPI, vol. 11(8), pages 1-18, April.
    8. Qi Liu & Jie Zhao & Youguo Shao & Libin Wen & Jianxu Wu & Dichen Liu & Yuhui Ma, 2019. "Multi-Power Joint Peak-Shaving Optimization for Power System Considering Coordinated Dispatching of Nuclear Power and Wind Power," Sustainability, MDPI, vol. 11(17), pages 1-23, September.
    9. Stefan Blomqvist & Shahnaz Amiri & Patrik Rohdin & Louise Ödlund, 2019. "Analyzing the Performance and Control of a Hydronic Pavement System in a District Heating Network," Energies, MDPI, vol. 12(11), pages 1-23, May.

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