Power generation expansion planning under deregulation considering uncertainty | |
| Author | Nguyen Dinh Tho |
| Call Number | AIT Thesis no.ET-04-16 |
| Subject(s) | Electric power--Planning--Vietnam Business enterprises--Power supply--Vietnam |
| Note | A thesis submitted in pa1tial fulfillment of the requirements for the degree of Master of Engineering, School of Environment, Resources and Development |
| Publisher | Asian Institute of Technology |
| Series Statement | Thesis ; no. ET-04-16 |
| Abstract | As an increasing tendency worldwide, deregulation in electricity industry has deeply affected on the organization, operation and management as well as strategy of electric companies. The vertically integrated monopoly is gradually replaced by more competitive market paradigms. Vietnam government plans to launch the Electricity Law by 2005 in order to enhance the efficiency and improve the performance of the electricity supply industry. In accordance with this law, the competitive market will be gradually established and operated. This also encourages investors of many economic sectors to invest in the electricity supply industry. Unlike other forms of investment, investment in ESI has its own characteristics. This study analyzes the economic and financial viability of three types of power plants in the deregulated environment. Three types of power plants considered are CCGT, coalfired and hydro. The study shows that hydro power plant has highest economic performances and is the most feasible one, followed by coal-fired and CCGT power plants. The load growth rate and generation development plan affect greatly to the project's feasibility. The influence of external factors such as fuel price, investment cost and discount rate are discussed. Finally, effect of price elasticity of electricity demand is found to decrease overall economic performance of a project. |
| Year | 2004 |
| Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. ET-04-16 |
| Type | Thesis |
| School | School of Environment, Resources, and Development (SERD) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Energy Technology (ET) |
| Chairperson(s) | Shrestha, Ram Manohar |
| Examination Committee(s) | Weerakom Ongsakul; Mithulananthan, Nadarajah |
| Scholarship Donor(s) | Electricity of Vietnam |
| Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2004 |