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Long-run marginal electricity generation cost in Vietnam | |
Author | Le Thi Kim Chuyen |
Call Number | AIT RSPR no.ET-02-08 |
Subject(s) | Electricity--Vietnam--Costs |
Note | A research study report submitted in partial fulfillment of the requirements for the degree of Master of Science, School of Environment, Resources and Development |
Publisher | Asian Institute of Technology |
Series Statement | Research studies project report ; no. ET-02-08 |
Abstract | This research study presents a method for calculating long run marginal electricity generation costs base on the techniques used for long-term expansion planning for an integrated power system in Vietnam. Using the Integrated Resource Planning (IRP) model that is formulated as a mixed integer linear programming problem to determine optimal generating expansion planning and annualized long run marginal electricity generating costs for whole power system in Vietnam for the period 2003- 2017. Long run marginal cost are calculated as incremental costs required for supplying additional demand to each hourly demand group separately. These costs include the present value of capacity, fuel and operation and maintenance (O&M) costs throughout the planning horizon. There are 22 groups of hour and an additional load of 1 % being added to the original load curve in each hour belonging to that group for two seasons. The results show that the costs incurred in the highest peak load period nearly twenty two times more than in lowest off peak load. That is why many program should be consider for implementation to solving this situation to achieve economic efficiency goals. The results also show the trade-off between capacity cost and the variable cost in electricity consumption of generation in Vietnam, the more the increase in fuel cost the less in capacity cost. |
Year | 2002 |
Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. ET-02-08 |
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) | Shrestha, R. M.; |
Examination Committee(s) | Bhattacharyya, S.C.;Weerakom Ongsakul; |
Scholarship Donor(s) | Electricity of Vietnam; |
Degree | Research report (M.Sc.) - Asian Institute of Technology, 2002 |