Electricity production
Renewable energy production
Green economy needs no rush
For Vietnam, it is a good opportunity for domestic enterprises to become companions, to grow alongside and to develop. From a wider perspective, it should be the lifeline for the planet.The 2022 FDI report with the key topics of green growth and digital transformation released ...
Hoang Hanh, Thanh Tam
Industry-trade sector aims to reduce greenhouse gas emission by up to 30%
The Ministry of Industry and Trade (MoIT) has issued an action plan on climate change adaptation to 2030, with a vision to 2025, with a goal of reducing the sector’s greenhouse gas emission by 25%-30%.Under the plan, the proportion of renewable energy in the total ...
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 ...
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 ...