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Portfolio risk analysis based generation expansion planning | |
Author | Nguyen Xuan Phuc |
Call Number | AIT Thesis no.ET-10-21 |
Subject(s) | Fossil fuels Risk assessment--Vietnam |
Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Energy |
Publisher | Asian Institute of Technology |
Abstract | This thesis presents a new generation expansion model that considers the fluctuation of fuel prices and effects of CO₂ trading. This model is applied to Viet Nam power sector during 2013-2030. This model finds out the efficient curve containing all feasible technology mixes. Each feasible mix represented by a value of risk-aversion factor has different value of risk, revenue from CO₂ trading and present value of total cost (PVTC). The result shows that the higher the PVTC, the lower the volatility of fuel cost and the higher the revenue from CO₂ trading. In the case of Viet Nam, if the investor selects high value of risk-aversion factor, renewables, such as solar and win, will become attractive. Furthermore, coal will be the dominant technology that replaces gas and oil. |
Year | 2010 |
Type | Thesis |
School | School of Environment, Resources, and Development (SERD) |
Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
Academic Program/FoS | Energy Technology (ET) |
Chairperson(s) | Marpaung, Charles O. P.;Shrestha, Ram M.; |
Examination Committee(s) | Kumar, Sivanappan;Weerakorn Ongsakul; |
Scholarship Donor(s) | EVN;Asian Institute of Technology fellowship; |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2010 |