Least cost electricity generation options based on environmental impact abatement

The power sector in Thailand is the largest contributor to CO₂ emissions. There is high potential to mitigate CO₂ emission via alternative power generating plants. Alternative plants considered in this study include nuclear plants, integrated gasification combined cycle plants, biomass-based plants and supercritical thermal power plants. The biomass-based plants considered here are fueled with four types of biomass; paddy husk, municipal solid waste (MSW), fuel wood and corncob. The methodology for the optimal expansion plan of the power generating system over the planning horizon is based on the least-cost approach. The results from the least-cost planning analyses show that the nuclear alternative has the highest potential to mitigate not only CO₂ but also other airborne emissions. Moreover, the nuclear option is the most effective abatement strategy for CO₂ reduction due to its negative incremental cost of CO₂ reduction.