Economic Potential of Renewable Energy in Vietnam's Power Sector

Nhan Thanh Nguyen () and Minh Ha-Duong
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Nhan Thanh Nguyen: CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique

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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.

Keywords: integrated resource planning; renewable energy; electricity generation (search for similar items in EconPapers)
Date: 2009
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00431250v1
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Citations: View citations in EconPapers (18)

Published in Energy Policy, 2009, 37, pp.1601-1613. ⟨10.1016/j.enpol.2008.12.026⟩

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Related works:
Journal Article: Economic potential of renewable energy in Vietnam's power sector (2009)
Working Paper: ECONOMIC Potential of Renewable Energy in Vietnam's Power Sector (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00431250

DOI: 10.1016/j.enpol.2008.12.026

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