Economic potential of renewable energy in Vietnam's power sector

Nhan T. Nguyen and Minh Ha-Duong

Energy Policy, 2009, vol. 37, issue 5, 1601-1613

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 4.4GW 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.

Keywords: Integrated; resource; planning; Renewable; energy; Electricity; generation (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (18)

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Related works:
Working Paper: 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:eee:enepol:v:37:y:2009:i:5:p:1601-1613

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