Using an application based on resource data and country-specific techno-economic inputs, a report has analyzed the costs of developing utility scale renewables in Southeast Asia and found abundant, cost-competitive potential.
To realize the regional goal of generating 23% of energy from renewables within six years, quality data and analyses are needed to support investment decisions made by member states of the Association of Southeast Asian Nations (ASEAN). One such piece of analysis has used a new mapping application to visualize the costs of developing solar and wind projects in the region…the analysis, developed by the U.S. Agency for International Development and the U.S. National Renewable Energy Laboratory found abundant potential for utility scale, solar and onshore wind development across Southeast Asia. The study found potential solar capacity exceeds 41 TW – 59,386 TWh annually – and the wind capacity figure topped 1.8 TW. According to the findings, PV costs will range from $64 to $246/MWh and wind costs $42-221/MWh.