ECONOMIC Potential of Renewable Energy in Vietnam's Power Sector

Thanh Nhan Nguyen and Minh Ha-Duong

MPRA Paper from University Library of Munich, Germany

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)
JEL-codes: Q20 (search for similar items in EconPapers)
Date: 2008-10-20
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Citations: View citations in EconPapers (2)

Published in Energy Policy 5.37(2009): pp. 1601-1613

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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 (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:21173

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