ECONOMIC Potential of Renewable Energy in Vietnam's Power Sector
AbstractA bottom-up Integrated Resource Planning model is used to examine the economic potential of renewable energy in Vietnam’s power sector. In a baseline scenario without renewables, coal provides 44% of electricity generated from 2010 to 2030. The use of renewables could reduce that figure to 39%, as well as decrease the sector’s cumulative emission of CO2 by 8%, SO2 by 3%, and NOx by 4%. In addition,renewables could avoid installing 4.4GW in fossil fuel generating capacity, conserve domestic coal,decrease coal and gases imports, improving energy independence and security. Wind could become cost-competitive assuming high but plausible on fossil fuel prices, if the cost of the technology falls to 900 US$/kW.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 21173.
Date of creation: 20 Oct 2008
Date of revision:
Publication status: Published in Energy Policy 5.37(2009): pp. 1601-1613
Integrated resource planning; Renewable energy; Electricity generation;
Other versions of this item:
- Nguyen, Nhan T. & Ha-Duong, Minh, 2009. "Economic potential of renewable energy in Vietnam's power sector," Energy Policy, Elsevier, vol. 37(5), pages 1601-1613, May.
- Nhan Thanh Nguyen & Minh Ha-Duong, 2009. "Economic Potential of Renewable Energy in Vietnam's Power Sector," Post-Print halshs-00431250, HAL.
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
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