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Immediate Needs to Reduce CO2 Emission in IPPs Will Create an Opportunity of More Than $27 Billion
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IPPs in Southeast Asia, particularly ASEAN-6, face multiple challenges such as policy and regulatory restrictions and pressure to control carbon emissions. In addition, IPPs struggle to keep costs low to remain competitive while maintaining the highest quality in power generation, safety standards, and customer service. Incumbent technologies currently deployed in many IPPs are considered insufficient to reduce carbon emissions, although interest has been expressed on possible engagement in future expansions and construction of new IPP plants. This study aims to highlight the best practices of IPPs in ASEAN-6 with reference to parameters such as availability factor, capacity factor, thermal efficiency, expenses, and carbon emissions.
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