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This second study aims to determine the current levelised costs of electricity (LCOE) of solar photovoltaic, hydropower, wind, biomass, and geothermal. With a total 134 projects evaluated, the study is expected to offer a better understanding of the LCOE for the five renewables technologies, and further identify necessary policies to encourage fair competition between renewables and conventional fossil fuel-based power plants in the ASEAN Member States.
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The publication was developed by the ASEAN-German Energy Programme (AGEP), a jointly implemented programme by the ASEAN Centre for Energy (ACE) and Deutsche Gesellschaft fur International Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
