The minimum LCOE in the region is $64 USD/MWh, and the median LCOE for the region is $111 USD/MWh. The ranges in this supply curve correspond to the colors mapped across Southeast Asia in Figure 6. Figure 7. Solar PV supply curve for Southeast Asia—Moderate Technical Potential Scenario.
The existence of high-quality solar and wind energy resources plays a significant role in the estimated cost per unit of generation. For the Moderate Technical Potential Scenario, solar PV LCOEs range from $64 to $246 USD/MWh, with an estimated 42 TW of cumulative potential capacity available within this LCOE range for solar PV.
The average solar PV LCOE in Indonesia decreases from $165 USD/MWh in the Base Discount Rate Scenario to $159 and $113 USD/MWh in the 10% and 6% Discount Rate Scenarios, respectively. Starting from the base assumed discount rate in Indonesia (10.4%), these scenarios represent reduced discount rates.
Figure 10 depicts the resulting generation costs of potential near-term solar PV opportunities in Cambodia following this scenario. Near-term LCOE results range from approximately $75 USD/MWh in regions close to the capital, Phnom Penh, to approximately $105 USD/MWh along the western coast.
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