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 to thrive, according to experts.

By 2030, total power capacity is forecast to reach 146,000 MW. By 2045, coal-fueled power is expected to contribute only 9.6 percent of the country’s energy sector, while the contribution of solar power is set to reach 50.7 percent.

International organisations and experts said Vietnam has great advantages thanks to its long coastline and high potential for wind power, especially offshore wind power, which could reach a similar capacity to Vietnam’s hydropower projects.

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