Vietnam and Germany Research institutes and enterprises are positive effects to promote collaborative research and renewable energy production technology transfer - especially wind power technology. The workshop "Wind energy in Vietnam - New Opportunities for FiT new electricity price" was held on November 23 in Ho Chi Minh city. The workshop is an opportunity for the Germany to introduce its products, services to nearly 100 companies and representatives of Vietnam. This is an opportunity for businesses from both countries to meet, exchange and connect directly to discuss joint venture opportunities of cooperation between the two sides. Comments by experts showed that the opportunity to develop wind energy in Vietnam is very large, with over 3,000km of coastline, monsoon climate and average wind speeds reach about 6m / sec. Vietnam Government has realized this potential and aims to significantly increase the power output from renewable energy sources, including wind power, up to … [Read more...] about Vietnam – Germany: Looking for opportunities to cooperate in the renewable energy production technology
Melancon energy products
Oil Prices Rise as Hurricane Ike Halts US Energy Production
Oil prices rose on Friday as Hurricane Ike forced the closure of energy production facilities in the Gulf of Mexico, traders said. New York's main contract, light sweet crude for delivery in October, climbed 1.15 dollars to 102.02 dollars a barrel. Brent North Sea crude for October gained 98 cents to 98.60 dollars. Hurricane Ike on Friday bore down on Houston, the fourth largest US city, sending hundreds of thousands of people fleeing amid a warning that those remaining in low-lying areas "face certain death." Oil and natural gas production in the Gulf of Mexico was largely closed, though the US Department of Energy said Ike appeared likely to spare most rigs and platforms there. "Some 95.9 percent of the Gulf of Mexico's 1.3 million barrels per day of oil production and 73.1 percent of its 7.4 billion cubic feet per day of natural gas production has been turned off," the department said in a statement issued Thursday. The bulk of US oil refineries are in the gulf, where Anglo-Dutch … [Read more...] about Oil Prices Rise as Hurricane Ike Halts US Energy Production
Vietnam – advantages of wind energy production
Renewable energy has been exploited and used in practice today, such as small hydro, wind energy, biomass energy, biogas energy ... wind energy, however, Vietnam is a country with most potential for development in Southeast Asia That is the statement of Ms. Angelika Wasielke from Association for International Cooperation of Germany in Vietnam in the framework of "International Exhibition of the 2nd on renewable energy solutions and dispersed," organized by Custom of Information science and technology (S & T) National (MOST) held in Hanoi from 21-23/3. At the conference, the leading expert on energy domestic and foreign have said that Vietnam in the future will depend more on world energy prices, particularly the gradual depletion of domestic sources of fossil fuels local as well as oil prices fluctuate with world trends. Therefore solutions using renewable energy sources are more concentrated, in which wind energy is considered the most promising energy sources of renewable … [Read more...] about Vietnam – advantages of wind energy production
Renewable energy products launched at expo
Renewable energy products launched at expo Van Nam By Van Nam - The Saigon Times Daily HCMC – Over 100 pavilions showcasing energy-saving solutions and renewable energy products opened on Wednesday at the International Exhibition on Products, Technologies of Energy Saving & Green Power, shortly called Enertec Expo 2012. The event is hosted by the HCMC Department of Industry and Trade in coordination with HCMC Power Corporation. The four-day event will wrap up this Saturday at the Tan Binh Exhibition & Convention Center in HCMC’s Tan Binh District. According to Le Van Khoa, deputy director of the HCMC trade department, renewable energy development is now an inevitable trend as other energy sources are being depleted. It is forecast that Vietnam will fall short of energy in 2015 or 2020. Energy shortage will certainly affect daily life and production activities. Therefore, Khoa stated it was time to encourage everyone to save energy and develop renewable … [Read more...] about Renewable energy products launched at expo
Brazil wishes to work with Vietnam in the energy production sector
VCCI (the Vietnam Chamber of Commerce and Industry) Chairman Dr Vu Tien Loc recently received the Brazilian Ambassador to Vietnam Joao De Mendonca Lima Neto and Chairman of the Sao Paolo Trade Federation Carlos Cavaibcante. The two Brazilian officials expressed their wish to cooperate with Vietnam in the field of energy production in Vietnam. According to the Brazilian Ambassador, Brazil will consider providing financial assistance for energy projects in Vietnam, together with technology transfers and energy plant construction. He said that the financial support could come in either of two ways, through funding from the Brazilian Government’s or preferential financing by Brazilian banks for energy projects. At present, the Brazil Central Bank has a large financial reserve, so it has the capacity to provide large loans to feasible energy projects. In addition, the Brazilian Government has recently drawn up plans for a program for energy production development projects with … [Read more...] about Brazil wishes to work with Vietnam in the energy production sector