Abstract
This chapter investigates the cost of deployment of low-carbon technologies (LCTs) in India, Indonesia, China, Cambodia, the Philippines, Malaysia, Thailand and Vietnam to successfully achieve their Intended Nationally Determined Contribution (INDC) targets by 2030, through the deployment and upscaling of their prioritized technologies. Solar PV is found to be the top priority technology to mitigate greenhouse gas (GHG) emissions in most of the selected countries, followed by biomass and wind power technologies. Taking note of the low-carbon resource potential available, the results indicate that China, Cambodia, Indonesia and Vietnam could meet more than 80% their emission targets using one LCT. India and Thailand can meet more than 90% its emission target with a combination of its top two prioritised technologies. Other countries would require a combination of technologies apart from their prioritized technology to meet their INDC target. The costs of deployment have been considered using Net Present Value (NPV) that encompasses the following costs and revenues: capital costs, operation and maintenance costs, financing costs, grants and subsidies and revenues (sale of electricity and CER credits) at the present. For all investments, the NPV is positive indicating that they are financially viable.
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Kumar, S., Anisuzaman, M., Das, P. (2017). Estimating the Low-Carbon Technology Deployment Costs and INDC Targets. In: Anbumozhi, V., Kalirajan, K. (eds) Globalization of Low-Carbon Technologies. Springer, Singapore. https://doi.org/10.1007/978-981-10-4901-9_10
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