Energy

Electricity production

All options on table for climate transition

Vietnam is now facing big pressure to carry out its energy transition in a greener manner, with the government advised to place high priority on limiting coal-fired power development while developing more renewable energy. Integrating fast-growing renewable energy capacity will require accelerating investments in the ...

Nguyen Huong

Offshore wind future in balance for Vietnam

The long-awaited Power Development Plan VIII is set to target the development of about 7GW of offshore wind power in Vietnam. However, both investors and localities are waiting for a clearer roadmap.In Vietnam’s north, there are now 22 registered projects with a total capacity of ...

Vietnam needs $8 bln-$14 bln power investment a year through 2030

Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry minister said on Wednesday. Of the amount, 75% would be spent on new power plants, with priority ...

Efforts accelerate the implementation of COP26 commitments

In recent time, the Government and the Ministry of Natural Resources and Environment, along with other ministries, branches, localities and businesses, have actively implemented solutions to fulfil Vietnam’s commitment to net zero emissions by 2050 at the 26th United Nations Climate Change Conference of the ...

Thai Son

Measures proposed to remove obstacles to renewable energy projects

The Ministry of Industry and Trade has asked the prime minister for approval of several measures to lift impediments to existing renewable energy projects, and work out a mechanism for facilitation of such projects in the years to come.In recent years, renewable energy projects have ...

T.S.

Electricity prices may rise if renewables overdeveloped: finance ministry

The Ministry of Finance has warned that electricity prices will rise if solar and wind power are not developed commensurately with grid and operational capacity.Renewable power production is booming thanks to a fit-in-tariff (FIT) price of 7.09-9.35 U.S. cents per kilowatt-hour, much higher than prices ...

Anh Minh

More needs to be done in Asia to fully unleash its renewable energy potential: MoNRE

The Minister of Natural Resources and Environment on Wednesday sent a message, highlighting seven focus points to fully unleash Asia’s potential for renewable energy development.Climate and fossil fuel crises present us with a new growth opportunity by transforming the development model, shifting from fossil fuels ...

Mekong flowing at highest in years but drought feared later

After four straight years of low flows the Mekong River recorded record water levels in the first four months of 2022. According to Mekong River Commission (MRC), from November 2021 to April 2022 the Lower Mekong River Basin (LMB) was wetter than normal years with ...

Minh Nga

Offshore wind power sees high development potential

The draft National Power Development Plan for the 2021 – 2030 period with a vision to 2045 (PDP VIII) clarifies the roadmap to cut down coal-fueled power and increase renewable energy sources, especially wind and gas power, offering a good chance for offshore wind power ...

Mekong River water level rises amid dry season

Lower Mekong River water levels have increased by 20-30 percent compared to the same period of previous years as China releases dam water.According to the National Center for Hydro-Meteorological Forecasting, the Mekong Delta region, where the Mekong River reaches the sea, has received a volume ...

Ngoc Tai

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