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Cost–Benefit Analysis of HELE and Subcritical Coal-Fired Electricity Generation Technologies in Southeast Asia

Author

Listed:
  • Hassan Ali

    (School of Engineering Technology and Industrial Trades, College of the North Atlantic Qatar, Doha 24449, Qatar)

  • Han Phoumin

    (Economic Research Institute for ASEAN and East Asia (ERIA), Jakarta 10270, Indonesia)

  • Steven R. Weller

    (School of Electrical Engineering and Computing, The University of Newcastle, Callaghan, NSW 2308, Australia)

  • Beni Suryadi

    (ASEAN Centre for Energy (ACE), Jakarta 12950, Indonesia)

Abstract

A large potential exists in the Southeast Asia region for deployment of high-efficiency, low-emission (HELE) electricity generation technologies. A cost–benefit analysis of HELE technologies compared to the less efficient subcritical electricity generation plants is thus carried out to find a persuasive scenario supporting quicker transition from subcritical stations towards HELE technologies in the region. A levelized cost of electricity (LCOE) analysis is carried out for both technologies under four potential policy scenarios. Scenario 1 does not take into consideration any carbon pricing or costs associated with the desulphurization (deSOx) and denitrification (deNOx) facilities. Scenario 2 (Scenario 3) incorporates carbon pricing (costs associated with the deSOx and deNOx facilities), and Scenario 4 includes both carbon pricing and costs associated with the deSOx and deNOx facilities. Under each scenario, a sensitivity analysis is performed to evaluate the uncertainty affecting the future coal prices. This study demonstrates that HELE technologies are competitive against the subcritical plants under all four scenarios and both the technologies derive benefit from lifetime extensions and low coal prices. It is revealed that future deployments of HELE technologies can be best expedited by factoring in carbon pricing in LCOE costs of coal-fired power plants under Scenario 2.

Suggested Citation

  • Hassan Ali & Han Phoumin & Steven R. Weller & Beni Suryadi, 2021. "Cost–Benefit Analysis of HELE and Subcritical Coal-Fired Electricity Generation Technologies in Southeast Asia," Sustainability, MDPI, vol. 13(3), pages 1-16, February.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:3:p:1591-:d:492056
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    References listed on IDEAS

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    Cited by:

    1. Han Phoumin & Fukunari Kimura & Jun Arima, 2021. "ASEAN’s Energy Transition towards Cleaner Energy System: Energy Modelling Scenarios and Policy Implications," Sustainability, MDPI, vol. 13(5), pages 1-29, March.
    2. Hassan Ali & Han Phoumin & Beni Suryadi & Aitazaz A. Farooque & Raziq Yaqub, 2022. "Assessing ASEAN’s Liberalized Electricity Markets: The Case of Singapore and the Philippines," Sustainability, MDPI, vol. 14(18), pages 1-24, September.
    3. Chien, FengSheng & Vu, Trong Lam & Hien Phan, Thi Thu & Van Nguyen, Sang & Viet Anh, Nguyen Ho & Ngo, Thanh Quang, 2023. "Zero-carbon energy transition in ASEAN countries: The role of carbon finance, carbon taxes, and sustainable energy technologies," Renewable Energy, Elsevier, vol. 212(C), pages 561-569.
    4. Amanda Qinisile Vilakazi & Sehliselo Ndlovu & Liberty Chipise & Alan Shemi, 2022. "The Recycling of Coal Fly Ash: A Review on Sustainable Developments and Economic Considerations," Sustainability, MDPI, vol. 14(4), pages 1-32, February.

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