2020
DOI: 10.1016/j.rser.2020.109953
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Assessment of hybrid, firm renewable energy-based power plants: Application in the southernmost region of Thailand

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Cited by 35 publications
(14 citation statements)
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“…Contrarily, OPEX includes the expenses which occur in the course of operation and maintenance of the wind farm during the power plant lifespan. OPEX is further classified as fixed OPEX and variable OPEX [24]. The economic assessment of electricity can be defined as levelized cost of energy or LCOE [25].…”
Section: Economic Analysis Of Two Sitesmentioning
confidence: 99%
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“…Contrarily, OPEX includes the expenses which occur in the course of operation and maintenance of the wind farm during the power plant lifespan. OPEX is further classified as fixed OPEX and variable OPEX [24]. The economic assessment of electricity can be defined as levelized cost of energy or LCOE [25].…”
Section: Economic Analysis Of Two Sitesmentioning
confidence: 99%
“…The economic assessment of electricity can be defined as levelized cost of energy or LCOE [25]. The estimated summary of LCOE is defined in the table 4 by calculating the CAPEX value and average OPEX derived from the research conducted in Thailand [24].…”
Section: Economic Analysis Of Two Sitesmentioning
confidence: 99%
“…The LCOE is elaborated as a measure of the average net present value of the generated electricity for a particular system over its lifespan [8,28]. The LCOE is computed in $/kWh or $/MWh.…”
Section: Economic Analysismentioning
confidence: 99%
“…Worldwide, Thailand ranks 20th in energy intensity and 34th in emissions intensity (carbon intensity). Regarding electricity generation, natural gas-fired power plants produced about 57% of the total electricity supply in 2018, while coal and lignite-based power plants accounted for about 18% [8]. It is clear that conventional energy sources such as natural gas, hard coal, and lignite are still the dominant sources of energy in electricity generation.…”
Section: Introductionmentioning
confidence: 99%
“…The optimum scenario is a 40 MW solar PV power plant, complemented with a 10 MW biomass power plant and with a substantial energy storage system (ESS). This configuration has the highest generation capacity, at over 1,200 PWh/yr, the lowest the levelized cost of energy (LCOE), at 11.2 US cents/kWh, and avoiding CO2eq emissions of nearly 38 ktonnes per year (Waewsak et al 2020).…”
Section: Study Ofmentioning
confidence: 99%