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Finding (Re)Purpose: The Power of a Pre-Feasibility Analysis in Coal Repurposing
RMI conducted a pre-feasibility analysis on a high-capacity coal plant in Indonesia, finding that replacing the plant with solar and storage is the preferred solution for maximizing CO2 abatement and investor cash flow, provided sufficient land is available. The analysis highlights the necessity of blended financing to maintain affordable electricity costs during early retirement and notes that biomass co-firing is generally less profitable than other repurposing options. The study emphasizes that land characteristics and regulatory frameworks are critical determinants of a site's repurposing potential.
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Document type: Case study
Finding (Re)Purpose: The Power of a Pre-Feasibility Analysis in Coal Repurposing Case Study
RMI conducted a pre-feasibility analysis on a coal power plant in Indonesia's Java-Bali region, evaluating four transition scenarios: baseline operation, early retirement without repurposing, early retirement with clean energy repurposing, and biomass co-firing. The analysis found that early retirement is financially feasible, especially with blended financing, and that clean repurposing via solar PV and battery storage offers the highest value and emissions reductions, provided land constraints are overcome. Conversely, biomass co-firing was found to be generally unprofitable due to high retrofit costs.
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Document type: Case study
Philippine Market Movers: An analysis of three high potential areas to accelerate the offshore wind market in the Philippines
The Philippines has a technical offshore wind potential of 178 GW, with the Department of Energy having awarded 92 Wind Energy Service Contracts totaling nearly 65 GW as of April 2024. To address a looming energy crisis caused by the expected depletion of the Malampaya natural gas field by 2030, the report identifies three priority zones—Manila Bay, Tayabas Bay, and Guimaras—that are suitable for initial fixed-bottom installations due to wind speeds exceeding 7 m/s and shallow waters. These zones are intended to serve as catalysts for the long-term market, which must eventually transition to floating foundation turbines since 90 percent of the country's technical potential is located in deep waters.
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Document type: Report