Green hydrogen development associated with offshore wind power, experts say Business

Green hydrogen development associated with offshore wind power, experts say

The Ministry of Industry and Trade (MoIT) needs to study and direct Vietnam Electricity (EVN) to issue regulations on the transmission and distribution system to ensure the stable operation of the power system amid abundant wind and solar power sources, said Tran Viet Ngai, Chairman of the Vietnam Energy Association.
Experts suggest raising proportion of offshore wind power in new power plan Business

Experts suggest raising proportion of offshore wind power in new power plan

Vietnam needs to increase the proportion of wind power, especially offshore wind power, in the total power capacity targeted in the National Power Development Plan for 2021-2030 with a vision to 2045 (Power Development Plan VIII), so as to attract more foreign investors in the field, according to businesses and experts.
Vietnam has high petroleum stockpile Business

Vietnam has high petroleum stockpile

Vietnam’s oil and gas inventories are over 90 percent higher than the required level, meeting the domestic petroleum consumption demand in the next few months, according to the Vietnam Energy Association (VEA).
Challenges hinder development of renewable energy Business

Challenges hinder development of renewable energy

Renewable energy has emerged as one of the most preferred sectors for investment in Vietnam, according to a survey by international consulting firm Grant Thornton, but the development of such projects has been hampered by a number of challenges.
Vietnam achieves nearly 99 percent electrification Business

Vietnam achieves nearly 99 percent electrification

Vietnam is one of the most efficient power markets in Southeast Asia, and has achieved nearly 99 percent electrification with relatively low cost in comparison to neighbouring country, according to the Ministry of Industry and Trade (MoIT).
UK investor plans offshore wind farm in Binh Thuan Business

UK investor plans offshore wind farm in Binh Thuan

The proposed offshore wind power project in the south central province of Binh Thuan will have a designed capacity of 3,400 MW and require total investments of nearly 12 billion USD, UK developer Enterprize Energy said.
EVN strives to meet summer power demand Society

EVN strives to meet summer power demand

To deal with possible electrical shortages during the dry season, the Electricity of Vietnam (EVN) will make the most of all power sources, including coal, gas, diesel-fueled and hydropower stations, a representative of the corporation has said.