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Economic Potential of Renewable Energy in Vietnam's Power Sector

Abstract : 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 4.4 GW 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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Submitted on : Wednesday, November 11, 2009 - 11:14:24 AM
Last modification on : Friday, October 8, 2021 - 4:26:39 PM
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Nhan Thanh Nguyen, Minh Ha-Duong. Economic Potential of Renewable Energy in Vietnam's Power Sector. Energy Policy, Elsevier, 2009, 37, pp.1601-1613. ⟨10.1016/j.enpol.2008.12.026⟩. ⟨halshs-00431250⟩



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