Economic Potential of Renewable Energy in Vietnam's Power Sector

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2009

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info:eu-repo/semantics/altIdentifier/doi/10.1016/j.enpol.2008.12.026

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Nhan Thanh Nguyen et al., « Economic Potential of Renewable Energy in Vietnam's Power Sector », HAL-SHS : économie et finance, ID : 10.1016/j.enpol.2008.12.026


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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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