Table 4

Comparison between each system

ItemRenewable energy systemCOE (USD/kWh)NPC
(Billion USD)
Capital cost (million USD)Renewable penetration (%)
1KORAT generator0.24251.900
2KORAT generator with hydropower plant, 0.09 MW PV system, and wind power0.23750.7433.6219.4
3KORAT generator with added hydropower capacity, 470 MW PV system, and wind power0.24151.71707.06224
4KORAT 2025 (Based on system five in section 4)0.25354.1536.49524
Source(s): Authors' HOMER simulation results

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