Impacts of clean energy technologies and carbon pricing on co2 reduction potential in Thailand’s power sector with EV demand | |
| Author | Niphit Phothisourinh |
| Call Number | AIT Thesis no.SE-22-08 |
| Subject(s) | Greenhouse gas mitigation--Thailand Clean energy--Thailand |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering Sustainable Energy Transition |
| Publisher | Asian Institute of Technology |
| Abstract | Thailand is targeting CO2 mitigation to reach carbon neutrality in 2050. Several studies project that the power sector will have high VRE and EV integration. At the same time, there are various challenges because of its intermittent supply and high demand, which should be investigated and analyzed its operation. Therefore, Thailand’s power sector is modeled to assess the 40% CO2 reduction potential by 2030 from BAU to meet the NDC’s target. In this regard, two objectives contain the best practices from fifteen global countries (1st objective) and the development of a power system optimization model to achieve the NDC’s target in 2030 (2nd objective). Firstly, from using SWOT analysis in the reviewed countries, there are four steps pathway as follows: 1) target to fully decarbonize electricity; 2) setting RE as the main power source; 3) electrification, especially in the transportation sector; 4) integrated with alternative technologies (i.e., energy storage and smart grid) to ensure energy security in the system. Secondly, this pathway is used to be developed the model by the PLEXOS software, which simulates five scenarios and adds carbon price. As a result, high EV charging demand increases emissions by 6%. On the other hand, installing a VRE capacity of 79,000 MW can mitigate the emissions that can reach 40% of NDC’s reduction target. At the same time, it increases the operating costs and adds issues to the power system operations. Demand response and energy storage systems can minimize the challenges that arise from both VRE and EV. However, it has an extra cost from these schemes. Then, raising the carbon price to reach 1,800 Baht/tCO2 can recover the incremental charge equal to the based scenario. Therefore, Thailand’s power sector has enough potential to be decarbonized by increasing the share of VRE and implementing carbon prices in the system. Furthermore, many stakeholders can take this study result to plan the support policies in the future, such as phasing-out coal generation, EV charging infrastructure and carbon price valuation. |
| Year | 2022 |
| 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 | Sustainable Energy Transition (SE) |
| Chairperson(s) | Singh, Jai Govind |
| Examination Committee(s) | Salam, P. Abdul;Weerakorn Ongsakul |
| Scholarship Donor(s) | MEA-AIT Academic Cooperation Program;Asian Institute of Technology Scholarships |
| Degree | Thesis (M. Eng.) - Asian Institute of Technology, 2022 |