Environmental Impacts Assessment and Economic Efficiency of Phong Phu 2 Solar Power Plant in Vietnam
Nguyen, Linh (2019)
2019
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Julkaisun pysyvä osoite on
http://urn.fi/URN:NBN:fi:amk-2019052913314
http://urn.fi/URN:NBN:fi:amk-2019052913314
Tiivistelmä
Renewable energy is a new trend in energy industry, especially in a developing country as Vietnam. In order to meet the country’s high energy demand, the government of Vietnam has approved the project of Phong Phu 2 solar power plant in Binh Thuan Province, Vietnam.
In this thesis, two sustainability aspects are determined: environmental impacts and economic efficiency. In order to assess the environmental impacts, a group of specialists has come to the project location and monitored environmental condition as well as construction activities of the power plant. The capital asset pricing model was applied to calculated economic factors (net present value and benefit – cost ratio) and analyzed to see if the project is profitable or not.
In conclusion, Phong Phu 2 solar power plant does not show any disadvantages to the environment. Possibility of soil erosion and water pollution can be prevented by regular monitoring and maintenance. The project is sustainable through three aspects: environment, society and economy.
In this thesis, two sustainability aspects are determined: environmental impacts and economic efficiency. In order to assess the environmental impacts, a group of specialists has come to the project location and monitored environmental condition as well as construction activities of the power plant. The capital asset pricing model was applied to calculated economic factors (net present value and benefit – cost ratio) and analyzed to see if the project is profitable or not.
In conclusion, Phong Phu 2 solar power plant does not show any disadvantages to the environment. Possibility of soil erosion and water pollution can be prevented by regular monitoring and maintenance. The project is sustainable through three aspects: environment, society and economy.