| dc.description.abstract | The concept of energy security has developed toward a more complex and multi-dimensional way in recent years. Basically, the fluctuation of supply quantity and price of energy are the main origins that directly affect energy security. Traditionally, supply side security measurement is the main focus for energy security analysis. Yet, the demand side management such as the technological progress, government policy and industrial structure should also be the important consideration in a nation’s energy security assessment. Consequently, it is necessary to take both the supply and demand factors into account and assess the energy security in a more comprehensive framework. This paper aims to present an ex-post and ex-ante energy security analysis for Taiwan which combines an innovative supply risk assessment and a comprehensive demand side structure as represented by a general equilibrium model for energy, economic, and technology analysis together. The ex-post analysis shows the historical path of energy security. The ex-ante analysis results can offer a bigger picture showing the potential energy security problems of Taiwan in the future and serve as an important reference for the government agency in charge of relevant energy policy, development of renewable energy, and climate change issue. Our results indicate that Taiwan’s past and future energy security situation has a close relationship with its degree of dependency on energy. Consequently, improving energy efficiency, shifting industrial production toward low energy-intensive products, and adopting new and alternative energy technologies will significantly improve its energy security and the ability of combating exogenous energy shocks. | en_US |