The potential of renewable energy sources, especially wind and solar power, is one of the keys to Vietnam’s energy transformation towards carbon neutrality, but barriers stemming from the unresponsive transmission network and pricing mechanism is wasting the capacity of billions of kWh of electricity, according to experts.
The Ministry of Industry and Trade has asked for assistance from the Global Wind Energy Council (GWEC) to help Vietnam realise its net zero emissions target by 2050, especially regarding offshore wind power development, said Minister Nguyen Hong Dien at a working session with Mark Hutchinson, chair of GWEC’s Southeast Asia Task Force.
It is likely that Vietnam will have to reduce renewable energy sources in the next five years, as booming development in recent years was weighing on the power system, according to a recent report by the Institute of Energy.
NA deputies on October 24 said that there should be clearer and more detailed regulations on responsibilities and obligations of organisations, production and business establishments, and individuals in paying fees and taxes on environmental protection.
As the country’s total power output will expand by 80,000 MW by 2030, while large sources are located far from centres, it is necessary to develop sufficient power transmission grid to ensure stable operation of the whole system, according to Deputy Minister of Industry and Trade Hoang Quoc Vuong.
A long-term plan for renewable energy sources such as solar and wind must be devised for Vietnam to realise its goal of connecting the entire country to the national grid, experts have said.
Vietnam could meet its long-term energy demands by adding renewable energy sources and cutting-edge battery storage technologies to its arsenal of solutions, experts said at a two-day international conference on renewable energy that ended on April 4 in HCM City.
The Quang Ninh Electricity Company is carrying out the installation of solar panels for 15 households residing on Tran island, Thanh Lan commune, Co To Island district, the northern province of Quang Ninh.
According to the national renewable energy development strategy throught 2030, with a vision to 2050, Vietnam will gradually increase the ratio of renewable energy in energy production and consumption
Vietnam’s leading international water supply, sanitation, water resources and purification event, Vietwater, and Vietnam's leading renewable energy and energy efficiency exhibition, RE & EE Vietnam, opened in Ho Chi Minh City on November 8.
Central Thua Thien-Hue province is utilising renewable energy sources like hydro, solar and biomass power to serve daily use, addressing environmental pollution and saving expenses.
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