Implementation of industrial waste heat to power in Southeast Asia: an outlook from the perspective of market potentials, opportunities and success catalysts

Chuan Zhang, Alessandro Romagnoli, Je Young Kim, Anis Athirah Mohd Azli, Srithar Rajoo and Andrew Lindsay

Energy Policy, 2017, vol. 106, issue C, 525-535

Abstract: As an important way to increase industrial energy efficiency, Waste Heat to Power (WHP) technologies have been gaining popularity in recent years. In order to appraise the market potential of WHP technologies in Southeast Asia, a techno-economic assessment for WHP technologies is conducted in this paper. The technical and economic market potential of WHP in Southeast Asia is estimated to be 1788MW and 1188MW respectively. The main market drivers and barriers for WHP market expansion in Southeast Asia are also analyzed. Given the fact that WHP is a far cheaper power generation technology as compared with traditional and renewable power generation, the WHP market is expected to increase fast in the coming years. Mounting electricity price from grid, government emissions regulations and subsidies, the integration of WHP products with original equipment manufacturer, capital cost reduction induced by technology development are identified as the key drivers for the market growth. The above arguments are proofed through the analysis of a power plant WHP project in Southeast Asia.

Keywords: Waste heat recovery; Organic Rankine Cycle; Waste heat to power; Southeast asia; Technology assessment; Market potential (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421517301854
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:106:y:2017:i:c:p:525-535

DOI: 10.1016/j.enpol.2017.03.041

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().