vietnam power industry
Latest News about vietnam power industry
The demand for investment capital for the development of power sources and grids averages US$10-11.5 billion per year by 2030.
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.
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.
Chair of the Vietnam Energy Association Tran Viet Ngai believes that the solution of setting one common electricity retail price is not feasible.
Many solar power plants have managed to get hooked to the power grid early to enjoy the high electricity prices, thus overloading the grid.
After rushing to connect to the national grid prior to end-June to benefit from price policies, solar power developers have now found that the grid can't handle the extra capacity.
Mr. Dave Sivaprasad, Managing Director and Partner, and Ms. Tuyet Vu, Principal at the Boston Consulting Group (BCG), share about their views on Vietnam's transformation into a regional energy powerhouse.
The Ministry of Industry and Trade will submit to the Government new scenarios for solar power prices in two regions on September 15.
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.