Latest News about Energy
The Northwest region has great geothermal resources which provide stable long-term energy with minimal environmental harm. However, there has been no thorough study and plan to exploit them.
The shift from coal to gas in energy planning is important for Vietnam’s future.
Legal or regulatory obstacles with a low level of certainty and issues concerning grid access for private projects, are the most pressing to private investment.
Vietnam is reaching for aircraft and energy orders to balance trade further with the United States, with the future prospects to increase footing of investment and trading flows from the US being in the pipeline.
The purchase prices of solar power will be set through auction, instead of using a common price for the entire country, or different prices for different thermal radiation zones, according to officials.
SCIC wishes to fully divest its 11.42 per cent holding in Quang Ninh Thermal Power JSC at double the market price, expecting to collect $53.04 million.
Vietnam is now the leader in Southeast Asia’s solar photovoltaic (PV) market with the largest installed capacity in the region, Wood Mackenzie said in its statement.
A Vietnamese delegation attended the Vietnam – Laos conference for the development of the industry-trade, energy and mining sectors in the Lao capital of Vientiane from August 16 to 18.
Lured in by the feed-in tariff of 9.35 US cents for solar projects, investors are lining up for approval to generate gigawatts of power in the central provinces of Vietnam where solar irradiation is the strongest.
Coal-fueled thermal power plants are still an important source of energy for the next decade, when the country will be in dire need of energy for more production, heard attendees at a seminar in HCMC last week.
[LMHT] MSI 2015: ‘Pro’ hỏi đáp ‘pro’