A challenge of incentive for small hydropower commercial investment in Thailand

Supriyasilp, Thanaporn; Pinitjitsamut, Montchai; Pongput, Kobkiat; Wanaset, Apinya; Boonyanupong, Suree; Rakthai, Saksri; Boonyasirikul, Thana

doi:10.1016/j.renene.2017.05.009

Cited by 8 publications

(2 citation statements)

References 7 publications

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“…In the paper [36], the social cost-benefit for hydropower generation is calculated from the avoided costs and the external costs of carbon and other gas emissions. The avoided cost comprised three costs: the electricity production cost of fossil fuel plants, the energy cost or direct variable cost and the capacity cost or direct fixed cost.…”

Section: Avoided Costsmentioning

confidence: 99%

The Methods of Assessing the Efficiency of a Virtual Power Plant—Case Study

Ropuszyńska-Surma,

Węglarz

2023

Energies

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In the case of new investment in RES technology, there are two issues related to efficiency assessment. The first one is how to join technical, financial and economic efficiency assessments in one. An investment feasibility study is usually conducted through a financial analysis to obtain the internal rate of return and the net present value. However, a new RES investment is typically financially unprofitable unless the environmental and social aspects are included. The second one is a lack of required financial data. The new RES investment is often innovative and neither the owner nor other entities have financial data on the operating costs and expenditure for the last periods. Therefore, in this paper, we proposed two methods of efficiency assessment. The first one is based on the avoided costs theory. Furthermore, the second one belongs to heuristic methods and is based on the experts’ assessment of different kinds of parameters. The purpose of this study is to assess the efficiency of the pilot project of VPPs using two recommended methods. This paper emphasizes the advantages and disadvantages of each method. The actual technical and financial data for the period of six months from the pilot study were calculated.

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Section: Avoided Costsmentioning

confidence: 99%

The Methods of Assessing the Efficiency of a Virtual Power Plant—Case Study

Ropuszyńska-Surma,

Węglarz

2023

Energies

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“…Many countries have implemented FiT in order to support the development of RE IPP. Supriyasilp et al [1] explored the challenge of incentive for small hydropower commercial investment in Thailand. In order to improve the renewable energy development, Thailand implemented a premium-price Feed-in Tariff (FiT) in 2006.…”

Section: Introductionmentioning

confidence: 99%

An overview of the Feed-in Tariff policy development in Indonesia

Ambarita¹,

Kawai²

2018

Proceedings of the 1st Economics and Business International Conference 2017 (EBIC 2017)

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Indonesia is blessed with abundant renewable energy resources that can be used to produce electricity for national grid. However, only a small amount of the renewable energy resources, less than 10%, has been utilized to produce electricity. The energy share is still dominated by fossil fuel which results in greenhouse gas emission. In order to increase the energy share and reduce greenhouse gas emission, the Government of Indonesia (GoI) has released several financial mechanisms in supporting the growth of the Independent Power Producers (IPP) to produce electricity from renewable energy resources. One of the potential mechanisms is the Feed-in tariff (FIT) policy. The FIT allows the PLN (State Electricity Company) to buy the electricity produced by the IPPs from renewable energy resource with a higher price and sell it to the costumer below the buying price. In this work, the history of the FIT in Indonesia is overviewed. The results show that FIT has changed several times to meet the need of IPP. However, the FIT has no significant effect yet to the growth of the IPP. Thus, other supporting financial mechanisms must be provided by the GoI.

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