Cumulative power output in the first two months of this year totaled 45.06 billion kWh, dominated by coal-fired thermal plants with 55.1%, followed by hydropower with 20.6%, and renewable energy 16.3%. Imported electricity accounted for only 1.9%.
It is highly unlikely that electricity prices will go down given the current demand, Nguyen Anh Tuan, General Director of Vietnam Electricity (EVN), said at a conference organised by EVN in Hanoi on January 2.
With the launch of 17 wind power plants in late 2021, power production in the central province of Quang Tri has soared by nearly 95 percent since early this year, driving local industrial production growth by over 10 percent annually.
Indonesia’s Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has called on Japan to invest in building hydropower plants in a green industrial area in North Kalimantan, Antara News Agency reported.
Legislators raised issues regarding hydropower and forest preservation and development during the 10th sitting of the 14th National Assembly in Hanoi on November 3.
There are some 50,000 operational rooftop solar projects around Vietnam with a combined capacity of about 1,200 MWp, Electricity of Vietnam (EVN) has revealed.
China Gezhouba Group Corporation (CGGC) has recently inked an 11.52 billion yuan (1.62 billion USD) deal with Indonesia Dafeng Heshun Energy Industri to construct Data Dian hydropower project in North Kalimantan province.
The first phase of a 380 million USD HFO power plant in Kandal province’s Lvea Em district will begin operations in April and produce 100MW of electricity, said the Cambodian Ministry of Mines and Energy.
Vietnam has set a target of raising renewable energy production from 58 billion kWh in 2015 to 101 billion kWh in 2020, 186 billion kWh in 2030, and 452 billion kWh in 2050.
The Mekong Delta province of Long An will accommodate its third solar power plant as construction of the Europlast Long An project began on September 21.
The Vietnamese Embassy in Mexico held a fund-raising ceremony on August 7 to collect money for Lao people affected by the collapse of the Sepien-Senamnoi hydropower dam in the southern province of Attapeu.
While the backbone of Vietnam’s electricity remains hydropower, the State-owned Electricity of Vietnam Group (EVN) said power supply will be ensured for the coming dry season.
Vietnam is considered a nation with rich renewable energy potential (hydropower, solar power, wind power, biomass). However, the renewable energy sources have yet to be fully exploited.
FECON Corporation and ACWA Power, a Saudi Arabian company, signed on July 3 a memorandum of understanding (MoU) on cooperation to develop renewable energy projects in Vietnam.
The Central Institute for Economic Management and the German Friedrich Ebert Stiftung foundation co-organized a workshop on energy transition in connection with social equity in Hanoi on June 1.
