Friday, September 20, 2024

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For the last five years, Vietnam’s electricity demand has grown by 10% annually. Due to the country’s robust economic boom, population growth and heavy industrialisation and urbanisation, the trend is poised to continue. Notably, Vietnam’s recent effort to diversify its power mix with a heavy focus on investing in renewable energy places it in a prime position. Through this, the country...
The draft Power Development Planning (PDP) VIII has demonstrated the trend of developing clean and renewable energies in line with commitments to cutting carbon emissions at the 26th United Nations Climate Change Conference. A wind farm in Ninh Thuan Province (Photo: VNA) Under the planning, offshore wind power will be given priority in the near future. CEO of the Global Wind Energy...
The Master Plan serves as a basis for power development in Vietnam. All investment in the power sector must comply with the Master Plan. The most recent Master Plan is the Revised Master Plan VII from 18 March 2016 which adjusted the Master Plan for the period of 2011-2020 with a vision to 2030 (“Master Plan VII Revised”). The...
The draft Power Development Planning (PDP) VIII has demonstrated the trend of developing clean and renewable energies in line with commitments to cutting carbon emissions at the 26th United Nations Climate Change Conference. The draft Power Development Planning (PDP) VIII has demonstrated the trend of developing clean and renewable energies in line with commitments to cutting carbon emissions at the 26th United Nations...
This article is part of our partnership with the Green Economy Forum & Exhibition 2022, organized by EuroCham Vietnam, supported by Dezan & Associates Vietnam. Vietnam’s energy consumption will continue to grow as the economy recovers from the pandemic-induced downturn outstripping GDP growth. Tight deadlines will make it difficult for investors to benefit from revised feed-in-tariffs, but new investment mechanisms are being considered. Other...
Black & Veatch and The Green Solutions (TGS) have signed a Memorandum of Understanding (MoU) to advance the production and supply of green hydrogen and green ammonia in Vietnam. TGS specialises in renewable energy project development, manufacturing and services. The announcement saw them appoint engineering firm Black & Veatch to study green hydrogen and green ammonia. Invest group Augustus Global Investments...
Local electricity officials, related firms and international experts discussed a suitable legal framework to develop a smart grid and electricity system in Viet Nam in Ha Noi on November 21. Consutant Friedl Werner talks about gaps in regulations on integration of renewable energy sources in Viet Nam. — Photo courtesy of GIZ The workshop, held by the Electricity Regulatory Authority of...
The Ministry of Industry and Trade has supported a special academy day in Hanoi with the aim of enhancing research into and the widespread adoption of smart grids for the power network to capture renewable energy and to support the development of the country’s smart grid roadmap. ERAV’s deputy director general Tran Tue Quang, SGREEE project director Markus Bissel, and...
To update its smart grid roadmap and ensure the sustainability of its electricity grid network, Vietnam should take measures on eight related indexes, according to leading experts. The share of renewable energy has significantly increased Vietnam’s power production Photo: GIZ The recommendations were presented at a March 15 virtual event co-hosted by the Electricity Regulatory Authority of Vietnam (ERAV) of the...
GE has secured an order to provide power generation equipment for energy company PetroVietnam Power Corporation’s (PV Power) Nhon Trach 3 and 4 combined cycle power plant. The 1.6GW Nhon Trach plant is scheduled to become operational in 2025 and will power industrial parks in the Vung Tau provinces about 70 kilometers from Ho Chi Minh City, Vietnam. This project marks...
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