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Renewable Energy Integration in Vietnam’s Power System: Generation Adequacy Assessment and Strategic Implications

Authors: Binh Do; Thai Tran; Ninh Nguyen;

Renewable Energy Integration in Vietnam’s Power System: Generation Adequacy Assessment and Strategic Implications

Abstract

Vietnam is widely considered as an energy-intensive economy. Renewable energy integration has been set as an important goal in the country’s revised Power Development Plan 7 (PDP7). This study first conducted a generation adequacy assessment using the basic probabilistic modeling approach to evaluate how the generation fleet, as foreseen in the PDP7, can meet the demand, despite the fast-changing renewable energy sources (RES) generation. The adequacy of the generation was measured using the Loss of Load Expectation (LOLE, expressed in hours) index. The study then conducted in-depth interviews with key stakeholders to identify and propose efficient strategic approach and policy implementations for integration of RES into the current power system in Vietnam. The results suggested that three major pillars should be considered to ensure the success of RES integration: strategic objectives, structural reforms and system transformation.

Keywords

690, Demand response, Technology, Energy storage, Energy & Fuels, T, power sector, probabilistic modeling approach, Vietnam, strategic approach, renewable energy integration, generation adequacy assessment, renewable energy integration; generation adequacy assessment; probabilistic modeling approach; strategic approach; power sector; Vietnam, Uncategorized

  • BIP!
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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    2
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
2
Average
Average
Average
gold