Indicative levelised cost of electricity for 2018 investments, by financing cost in Vietnam

Notes

LCOE = levelised cost of electricity and is expressed on a nominal, unsubsidised basis. Assumed capital costs = $1 090/kilowatt (kW) for solar PV and $2 080/kW for onshore wind. Assumed capacity factors = 17% for solar PV and 30% for onshore wind (South central Coast). Projects reflect capital structure of 70% debt/30% equity. Higher financing assumptions assume before-tax cost of debt of 6% and required return on equity of 16%. Low financing costs correspond to 3% for debt and 7% for equity.