ECONOMIC Potential of Renewable Energy in Vietnam's Power Sector
A 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.
|Date of creation:||20 Oct 2008|
|Publication status:||Published in Energy Policy 5.37(2009): pp. 1601-1613|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Nguyen, Khanh Q., 2007. "Impacts of wind power generation and CO2 emission constraints on the future choice of fuels and technologies in the power sector of Vietnam," Energy Policy, Elsevier, vol. 35(4), pages 2305-2312, April.
- Tanatvanit, Somporn & Limmeechokchai, Bundit & Shrestha, Ram M., 2004. "CO2 mitigation and power generation implications of clean supply-side and demand-side technologies in Thailand," Energy Policy, Elsevier, vol. 32(1), pages 83-90, January.
- Chitru S. Fernando & Paul R. Kleindorfer & Mohan Munasinghe, 1994. "Integrated Resource Planning with Environmental Costs in Developing Countries," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 93-122.
- Shrestha, Ram M. & Marpaung, Charles O. P., 1999. "Supply- and demand-side effects of carbon tax in the Indonesian power sector: an integrated resource planning analysis," Energy Policy, Elsevier, vol. 27(4), pages 185-194, April.
- M. Ruth & K. Donaghy & P. Kirshen, 2006. "Introduction," Chapters,in: Regional Climate Change and Variability, chapter 1 Edward Elgar Publishing.
- Shrestha, Ram M. & O.P. Marpaung, Charles, 2002. "Supply- and demand-side effects of power sector planning with CO2 mitigation constraints in a developing country," Energy, Elsevier, vol. 27(3), pages 271-286.
- Nguyen, Khanh Q., 2007. "Wind energy in Vietnam: Resource assessment, development status and future implications," Energy Policy, Elsevier, vol. 35(2), pages 1405-1413, February.
- Shrestha, Ram M & Shrestha, Rabin & Bhattacharya, S C, 1998. "Environmental and electricity planning implications of carbon tax and technological constraints in a developing country," Energy Policy, Elsevier, vol. 26(7), pages 527-533, June.
- Voivontas, D. & Assimacopoulos, D. & Mourelatos, A. & Corominas, J., 1998. "Evaluation of Renewable Energy potential using a GIS decision support system," Renewable Energy, Elsevier, vol. 13(3), pages 333-344.
- Hobbs, Benjamin F., 1995. "Optimization methods for electric utility resource planning," European Journal of Operational Research, Elsevier, vol. 83(1), pages 1-20, May.