| Author | Le Nguyen Hoa Binh |
| Call Number | AIT RSPR no. ET-03-04 |
| Subject(s) | Hydroelectric power plants--Vietnam|xEconomic aspects
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| Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Engineering |
| Publisher | Asian Institute of Technology |
| Abstract | Vietnam has a large potential of small hydropower. As electricity demand is increasing rapidly. Vietnam needs to add new capacity for power generation. Small-scale hydro being environment friendly and a decentralized source of energy could be beneficial for the country for promoting sustainable development. However, small-scale hydro suffers from relatively higher cost of production due to smaller size, limited water flow and low head. The Clean Development Mechanism (CDM) could provide some financial assistance to such projects, as the development of small hydro could reduce greenhouse gas emissions. The objectives of this study are twofold: a) to identify the potential small hydro sites that may be suitable for development under the CDM and b) verify the viability of the identified projects taking into account the benefits from sale of Certified Emission Reductions (CERs). To resolve these above, this study proceeded in two steps. The first step used RETScreen model for economic analysis of 181 small hydro sites existing in Vietnam in range from 100 kW to 2.5 MW. The sites, which yield negative net present value, are not economically viable and are considered as suitable for development under the CDM. The analysis was done for three category sizes: 100 kW to 500 kW, 501 kW to 1 MW and above 1 MW but less than 2.5 MW In the second step, break-even CER price was calculated under two assumptions: with and without transaction costs. It was found that in the case without transaction cost 16 sites would have break-even CER price within $3.5 to 5 per CER and in the case with transaction costs of 20,000 dollars and 50,000 dollars. There would be 10 sites and 7 sites within the above range of CER price. In the scenario 2 of case 3 (1 MW to 2.5 MW (connected grid)), Out of 6 sites (NPV |
| Year | 2003 |
| Type | Research Study Project Report (RSPR) |
| 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) | Bhattacharyya, Subhes C. |
| Examination Committee(s) | Shrestha, Ram. Manonar.;Kumar, Sivanappan. |
| Scholarship Donor(s) | Electricity of Vietnam |
| Degree | Research Studies Project Report (M.Eng.) - Asian Institute of Technology, 2003 |