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Finding environmentally benign methods related to sound municipal solid waste (MSW) management is of highest priority in Southeast Asia. It is very important to study new approaches which can reduce waste generation and simultaneously enhance energy recovery. One concrete example of particular significance is the concept of hybrid dual-fuel power plants featuring MSW and another high-quality fuel like natural gas. The hybrid dual-fuel cycles provide significantly higher electrical efficiencies than a composite of separate single-fuel power plant (standalone gas turbine combined cycle and MSW incineration). Although hybrid versions are of great importance for energy conversion from MSW, an economic assessment of these systems must be addressed for a realistic appraisal of these technologies. This paper aims to further examine an economic assessment and energy model analysis of different conversion technologies. Energy models are developed to further refine the expected potential of MSW incineration with regards to energy recovery and environmental issues. Results show that MSW incineration can play role for greenhouse gas reduction, energy recovery and waste management. In Bangkok, the electric power production via conventional incineration and hybrid power plants can cover 2.5% and 8% of total electricity consumption, respectively. The hybrid power plants have a relative short payback period (5 years) and can further reduce the CO(2) levels by 3% in comparison with current thermal power plants., (Copyright (c) 2010 Elsevier Ltd. All rights reserved.)