vietnam power industry

Update news vietnam power industry

The Government Inspectorate has decided to inspect the observance of policies and laws in the implementation of planning and investment in the construction of power projects under the Power Master Plan VII and the revised Power Master Plan VII.

Renewable energy offers investment opportunities in Vietnam

Vietnam’s target of raising renewable electricity to 45% of the national power generation capacity by 2030 and the need for investment worth up to $14 billion towards this goal have created opportunities for domestic and foreign firms.

VN Industry Ministry proposes developing nuclear power on small scale

The Ministry of Industry and Trade (MoIT) has proposed developing nuclear energy on a small scale post 2030 in its latest version of the draft Vietnam Power Development Plan from 2021 – 2030 (PDP8) with a vision towards 2045.

Ministry orders review of wind, solar, hydropower projects

The Ministry of Industry and Trade (MoIT) has asked provinces and centrally-run cities to review wind, solar and hydropower projects included in the national planning scheme for electricity development for 2011-2020 with a vision towards 2030.

Hydroelectricity: New mission from controversial energy source

Despite its long history, hydroelectricity and its sustainable development have always been a matter of controversy. 

Vietnam to cut solar power capacity in draft plan

Deputy Prime Minister Le Van Thanh told the Ministry of Industry and Trade (MoIT) to reduce the solar capacity and increase offshore wind power in the draft Power Master Plan VIII.

Capital conundrum in energy

A clear power policy and early publication of new power planning are urgently needed for Vietnam to attract private capital in infrastructure energy.

Reform lessons from electricity sector: nothing is impossible

Electricity access is one of 10 indicators that measure the quality of the national business environment according to the World Bank global business environment ranking.

Vietnam and partners develop sustainable energy transition in Vietnam

With the pandemic still complicated and natural disasters becoming more frequent and devastating, Vietnam needs to focus on driving sustainable energy transition, according to the 4th High-Level Meeting of the Vietnam Energy Partnership Group (VEPG).

No more wind and solar power sources to be added this year

The Ministry of Industry and Trade will not add any more wind and solar power into this year's plan, due to a lack of input facilities to transfer them to the national grid.

 

Power Development Plan VIII under revision again

The draft Power Development Plan VIII is being revised again and expected to be submitted to the Prime Minister for approval in the first quarter of 2022.

Commitment to lower coal energy uncertain

The COP26 summit that ended early last month in Glasgow agreed on reducing the use of coal in coming years in a phased manner. This clearly seems to be the right thing to do with several countries finally finding a common voice in saving the planet.

Gov’t works on stopping coal-fired power development after 2030

Vietnam will not develop coal-fired power plants after 2030 to meet its international commitments on achieving net-zero carbon emissions by 2050.

Vietnam to unlock mechanisms to attract private power investors

The Government of Viet Nam is building open mechanisms to mobilise private investment in power projects, especially in renewable energy (RE).

Clean or cheap: seeking safe energy options for Vietnam

“The international pressure to reduce coal-fired thermal power is huge,” said an expert involved in the compilation of the draft of national power development plan 8.

More than $10 billion per year to develop the power sources and grid in the 2021-2030 period

The demand for investment capital for the development of power sources and grids averages US$10-11.5 billion per year by 2030.

International financing key to develop Vietnam's power sector

Vietnam needs US$150 billion to invest in power projects in the next 10 years, equal to half the country’s current gross domestic product (GDP), which raises demand for international financing.

Time to think about recycling of end-of-life solar panels: experts

The growth of solar power generation in Vietnam has come alongside increasing concern over the disposal of end-of-life solar panels in the coming decades.

New power pricing mechanism to be applied next year

The common retail power price is expected to be applied at the beginning of next year together with the current tiered pricing mechanism, said Deputy Minister of Industry and Trade Do Thang Hai.

 

Generating power for green recovery and sustainable future

In the wake of Vietnam’s first ever National Energy Summit in July 2020, Swedish ambassador Ann Måwe reflects over Sweden’s journey, and areas where the two countries can cooperate in the development of renewable energy.