Update news energy

Energy shortage risks met head-on

The draft development strategy for the coal industry by the MoIT from August shows that demand for coal continues to increase.

South Korea seeks Vietnamese nuclear energy collaboration

South Korea is showing desire to work with the Vietnamese government to develop nuclear power production.

Global energy crisis: another concern for Vietnam's economy

Disrupted coal mining in Ordis in Inner Mongolia, the most important coal mining hub in the world, is posing huge risks that could stifle global growth.

US awards grant to local firm to construct energy storage system

The US Consulate General in HCM City on October 15 awarded a 2.96 million USD grant to AMI AC Renewables to construct a battery energy storage system pilot project in Vietnam.

A paradox of power consumption and generation

Renewable energy output is being reduced even as Vietnam is seeing blackouts as power consumption is off the charts.

French Development Agency lends 74.7 million EUR to EVN’s hydropower project

The Vietnam Electricity Group (EVN) on June 29 signed a credit agreement with the French Development Agency (AFD) on a loan of $74.7 million euros to develop the expanded Ialy hydropower plant in the Central Highland province of Gia Lai.

Power plan revised to render market more competitive

The government this month requested the Ministry of Industry and Trade to review and re-submit the Power Development Plan VIII as the scheme is geared towards speeding up establishment of a competitive electricity market.

Vietnam’s solar success story and notes for investors (Part 1)

Vietnam has overtaken Thailand to take the lead in Southeast Asia’s solar power market.

Limit on capacity continues to hinder solar panel installation

With the rising prices of electricity pushing many enterprises and households to install rooftop solar panels that partly help reduce electricity bills, the cap on solar power capacity is hindering the process.

Energy revolution

The first solar panel, which was invented by French physician Alexandre Edmond Becquerel in 1839, has become a significant watershed for the energy sector in the future. 

Resources that need conserving

Statistics show that the electricity demand is growing at a rate three times higher than that of the electricity output supplied to the market. 

When heat becomes a source of energy

The investment in renewable energy is increasing as fossil fuels, including coal, petroleum and natural gas, cannot meet the increasing demand for energy in Vietnam and the world as a whole given the rapid population growth. 

Vietnam freshens solar sector with FIT

Vaibhav Saxena, foreign lawyer at Vietnam International Law Firm, discusses how Decision No.13/2020/QD-TTg will impact the Vietnamese solar power market.

Losses a roadblock to SCIC divestment plans at Quang Ninh Thermal Power

The losses reported by Quang Ninh Thermal Power JSC will make it harder for State Capital Investment Corporation (SCIC)  to divest the company this year.

Transitioning the country towards a more feasible energy system fit for the future

Liquefied natural gas (LNG) has been an important source of energy for countries worldwide. According to a recent Norwegian-based report, 42 countries are importing LNG to balance their local insufficiency of energy.

Solar power grows 28-fold in Vietnam's energy mix

In the first three months, EVN mobilised 2.76 billion kWh of renewable energy, including 2.31 billion kWh of solar power, signifying a 28-fold increase on-year.

EVN wants to public list of planned solar power projects in Ninh Thuan

Electricity of Vietnam (EVN) group has required the Ministry of Industyr and Trade (MoIT) to publish the list of grid-connected solar power projects which were added to the power planning of Ninh Thuan.

Policies needed to encourage investment in waste-to-energy

Vietnam needed to develop policies to encourage investments in waste-to-energy, also called bioenergy, which would significantly contribute to protecting the environment, experts have said.


Financiers race to cash in on wind

While Vietnam’s wind investors are in a race to reap incentives before the November 2021 deadline hits, concerns remain that a boom in solar power projects will lead to a reduction in capacities.

New FiT hike paves way for investment in biomass electricity

The feed-in tariff (FiT) for biomass power projects will range from VND1,634 to VND1,968 per kWh, exclusive of value-added tax, setting the stage for more investment in biomass electricity.