Vietnam's solar and wind power success: Policy implications for the other ASEAN countries

Nam, Thang; Burke, Paul J.; Nguyen, Hoang Nam; Øverland, Indra; Suryadi, Beni; Swandaru, Akbar; Yurnaidi, Zulfikar

doi:10.1016/j.esd.2021.09.002

Cited by 68 publications

(31 citation statements)

References 25 publications

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“…In the direction to achieve carbon neutrality, the global solar capacity of China has reached 49 GW followed by 15 and 11 GW in the U.S.A. and Vietnam, respectively. 23,24 Additionally, India and the Republic of Korea both increased their solar capacity by over 4 GW, while Japan added over 5 GW. 24,25 Further, the implementation of new-generation solar panels to rooftops has been reported to drastically reduce the emissions of greenhouse gases (GHG) by ∼57% in the coming decade.…”

Section: Current Scenario Of Energy Production From Renewable Sources...mentioning

confidence: 99%

Microalgal-Based Bioenergy: Strategies, Prospects, and Sustainability

2022

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The fuel crisis with the slumping reserves of fossil fuels and the exponential increase in the demand of energy necessitate a paradigm shift to a more sustainable and eco-friendly energy system. Microalgal biofuel has been recognized as one of the most prominent and versatile alternative renewable energy sources because it can be converted into a wide array of biofuels, such as biodiesel, bioethanol, bioelectricity and biogases such as syngas, methane, hydrogen, and hythane etc., with a lower carbon emission profile. To attain the economic viability of algal fuels, a collective biorefinery approach addressing both the operational and technical limitations is quintessential. The current review critically analyzes and categorizes energy aspects of microalgae through various direct and indirect approaches with the perspective of a circular economy. These approaches include complicated thermochemical and biochemical processes integrating the recovery of a wide range of value-added products apart from biofuels, thus defining a cascading approach for a multiproduct-based biorefinery model. A glimpse of recent technological advancements comprising hybrid cultivation systems, prospects of co-culturing, and the role of automated/modeling approaches in the industrial-scale production of "algal-based bioenergy" is also discussed in detail. Further, the review has also scrutinized and highlighted the developments and bottlenecks in genetic and molecular aspects of strain improvement for bioenergy production. Furthermore, the study also correlated the socioeconomic and environmental impacts of producing this green energy by evaluating the prospects and pitfalls to obtain a holistic picture on this alternative fuel for a bio-based sustainable economy.

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Section: Current Scenario Of Energy Production From Renewable Sources...mentioning

confidence: 99%

Microalgal-Based Bioenergy: Strategies, Prospects, and Sustainability

2022

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“…Nevertheless, its Ministry of Industry and Trade is gradually becoming a more renewables-oriented institution, as it has broadened the functional responsibility of the Department of New and Renewable Energy. Compared to the other ASEAN member states, Vietnam is also widely perceived as a proactive reformer that has one of the most advanced feed-in tariff policies in the region (Do et al 2021). As a result, many new investors entered the Vietnamese renewable energy market in 2020-2021.…”

Section: Governance Structure For Renewable Energymentioning

confidence: 99%

“…Although this target had the modifier ''aspirational'' tacked on to it, each of the ten member states established additional targets at the national level, and governments across the region started making positive statements about renewable energy. During the period 2015-2021, Vietnam was considered a regional renewable energy success story (Vakulchuk et al 2020a;Do et al 2021). Also Malaysia made headlines in 2019, when it announced that it aimed to attract USD 8 billion in private investment to increase the share of renewables in the energy mix to 20% by 2025.…”

Section: Introductionmentioning

confidence: 99%

ASEAN’s energy transition: how to attract more investment in renewable energy

Vakulchuk

Øverland

Suryadi

2022

Energ. Ecol. Environ.

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The energy transition is progressing slowly in the ten member states of the Association of Southeast Asian Nations (ASEAN). To achieve ASEAN’s target of 23% renewables in the primary energy supply by 2025, the region would need to invest USD 27 billion in renewable energy every year. However, the ASEAN countries attracted no more than USD 8 billion annually from 2016 to 2021. Through a comparative review of three key factors for attracting investment—renewable energy legislation, energy governance reform, and general conditions for investors—this study examines why the region’s renewable energy sector has not attracted more capital. The contribution of the article is threefold. First, it develops a new review model for assessing the business climate for renewable energy in any country. Second, it offers an update on the state of renewable energy deployment in the ASEAN countries. Third, taking into account international best practices, it identifies the obstacles and solutions to attracting investment in renewable energy in Southeast Asia. The article finds that carbon lock-in is pervasive, regulatory practices have been copy-pasted from the fossil-fuel sector to the renewables sector, and, except for Malaysia and Vietnam, no ASEAN country has implemented a major pro-renewable energy governance reform. Certain advanced renewable energy measures, such as auctions and feed-in tariffs, have been adopted in some member states, but the institutional capacity to implement them is limited. The share of renewables in the energy governance system needs to be increased.

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“…Although the cost of renewables and hydrogen-production is expected to decline further, the switch to renewables would require substantial investment in the power sector. Do et al used Vietnam's success story in rapid development of wind and solar power to provide policy insights to other member countries of the Association of Southeast Asian Nations (ASEAN) and concluded that strong government commitment and public support are necessary for rapid take-up of renewable energy deployment [51]. The thermal-based power plants are usually long-lived assets with a minimum lifespan of 30 years.…”

Section: Opportunities and Challengesmentioning

confidence: 99%

“…The transmission grids must be upgraded and managed beforehand to make them compatible with the intermittency of the renewables like solar and wind. The uncertainty in government policies is one of the main barriers for renewable power development [51]. There are also controversies with the nuclear power development plans in Thailand.…”

Section: Opportunities and Challengesmentioning

confidence: 99%

Energy system transformation for attainability of net zero emissions in Thailand

Limmeechokchai

Pradhan²,

Chunark³

et al. 2022

IJSEPM

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This study analyzed energy and technological implications in the energy sector to attain net zero emissions in Thailand by 2050. The study used AIM/Enduse, a bottom-up type energy system model, as an analytical tool. A business-as-usual and a net zero emission scenario are analyzed. Net zero emission scenarios are assessed in terms of net zero greenhouse gas emissions (NZE-GHG). Results show that the GHG emissions from the energy sector in the BAU would reach 635 MtCO2e in 2050. Decarbonization of the energy sector and transition towards net zero emission by 2050 in Thailand would require rapid deployment of renewable energy sources like solar, wind and biomass. In net zero scenario, installed capacity of solar PV and wind for power generation in 2050 would reach 64 GW and 40 GW, respectively. In addition, this study assesses the role of green hydrogen in achieving net zero target. The 200 GW solar capacity would be required to produce green hydrogen for decarbonizing the transport, industrial as well as power sector. The high carbon sequestration from LULUCF sector in Thailand will make it possible to reach net zero emission with carbon dioxide capture and storage (CCS) technology in the energy sector. Additional bioenergy or CCS technologies will need to be deployed in the power sector if the renewables cannot be deployed to the desirable extent.

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Vietnam's solar and wind power success: Policy implications for the other ASEAN countries

Cited by 68 publications

References 25 publications

Microalgal-Based Bioenergy: Strategies, Prospects, and Sustainability

Microalgal-Based Bioenergy: Strategies, Prospects, and Sustainability

ASEAN’s energy transition: how to attract more investment in renewable energy

Energy system transformation for attainability of net zero emissions in Thailand

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