Analyzes health and environmental benefits of renewable energy in Vietnam, revealing regional disparities in displacement advantages.
When wind or solar energy displaces coal-fired power plants, the resulting health, environmental, and climate benefits depend on the characteristics of the displaced plants. Using data on plant-level emissions for 25 operating coal stations (27,134 MW), Monte Carlo–simulated hourly coal generation (N = 10,000), and synthesized hourly output from Vietnam’s 21.6 GW installed solar and wind portfolio, I calculate the marginal displacement factors (MDFs) for CO2, SO2, NOx, and PM2.5 of the North, Central, and South regions of Vietnam. The North contains 43% of coal capacity – including the dirtiest plants – but receives only 3.7% of renewable generation. The CO2 MDF ranges from 1,139 kg/MWh in the North to 585 kg/MWh in the South, a ratio of nearly 2:1. When all four pollutants are monetized, each MWh of renewable energy displacing coal in the North avoids $93.7 in damages, compared to $55.4 in the Central region and $59.2 in the South. Vietnam’s current renewable energy facilities avoid an estimated $1.36 billion in total damages per year ($60/MWh), with CO2 accounting for 74% of the monetized benefit. These results are robust to alternative dispatch assumptions (±6 %) and emission-rate uncertainty (±15–26%), though sensitive to the social cost of carbon ($0.75–$4.10 billion/yr across $20–$190/tonne). The findings imply that renewable energy siting decisions, inter-regional transmission planning, and coal retirement ordering should account for the geography of displacement benefits. Furthermore, this paper demonstrates that Siler-Evans’s research approach can be applied to data-constrained and coal-dominated power systems in developing countries such as Vietnam, where the benefits of renewable displacement are significant but not well quantified.
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Kien (Jonathan) Nguyen (2026) studied this question.
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