Renewable energy developers

Chairman of the municipal People’s Committee Ho Quang Huy said the city will boost the development of renewable energy to switch from traditional energy sources such as coal, oil, and natural gas to green and safer ones like wind, solar, hydrological, and biological energy in line with the common orientations set up by central and provincial agencies, he noted. According to an adjusted general planning for the Mong Cai Border Gate Economic Zone approved by the Prime Minister, the zone has a total area of about 121,197 hectares, including 66,197 hectares on land and 55,000 hectares on water that includes such islands as Vinh Trung and Vinh Thuc of Mong Cai City and Cai Chien of Hai Ha District. Surveying areas for wind power development on Vinh Thuc Island Mong Cai City and the Mong Cai Border Gate Economic Zone boast a long coastline, favourable weather conditions for developing renewable energy like solar and wind power, as well as resilience to storms, making … [Read more...] about Quang Ninh’s Mong Cai City moves to develop renewable energy

Chairman of the municipal People’s Committee Ho Quang Huy said Mong Cai is working to carry out the announced strategies and plans to gradually modernize infrastructure, especially in coastal areas. Among those strategies and plans, the city will boost the development of renewable energy to switch from traditional energy sources such as coal, oil, and natural gas to green and safer ones like wind, solar, hydrological, and biological energy in line with the common orientations set up by central and provincial agencies, he noted. According to an adjusted general planning for Mong Cai Border Gate Economic Zone approved by the Prime Minister, the zone has a total area of about 121,197 hectares, including 66,197 hectares on land and 55,000 hectares on water that includes such islands as Vinh Trung and Vinh Thuc of Mong Cai city and Cai Chien of Hai Ha district. Mong Cai city and Mong Cai Border Gate Economic Zone boast a long coastline, favorable weather conditions for developing … [Read more...] about Quang Ninh’s Mong Cai city moves to develop renewable energy

The northern province of Lang Son attracted both foreign and local investors showing interest in building wind power projects. Most said Lang Son would be the most suitable area in the northern provinces, especially in districts like Loc Binh, Dinh Lap, Van Lang, and Binh Gia. Local authorities may have to strengthen regulations so developers are not at odds over wind surveys. Photo: Le Toan GE proposed Lang Son People's Committee to allow the survey of two wind power projects with a total capacity of up to 418MW and approval to build two wind measuring towers in Chi Lang district for the 165MW Chi Lang project, as stated in a local authorities’ document in May. According to the document, duplicate surveys could cause legal consequences among investors. “As far as we know, other provinces in the country do not allow duplicate research between projects,” the document noted. The document came as TRE JSC intended to carry out a wind measurement survey for which GE was … [Read more...] about Survey overlap potential irks wind power developers

Since 2020, the government has applied the tariff (FiT) for biomass electricity between 7.03 and 8.47 US cents per kWh, depending on where the energy is generated. New feed-in tariff advocated for biomass energy bonanza - illustration photo/ Le Toan “That is too low of a price and not enough to encourage the development of biomass electricity,” said Matthias Eichelbronner, a specialist of the Sustainable Bioenergy Markets (BEM) initiative through the German Development Agency at a workshop earlier this year. Eichelbronner said that many countries in the region, such as Thailand and Malaysia, have very good FiT rates for biomass electricity. In Germany, the government has applied a very high FiT rate for biomass electricity, with the average purchase price of this energy being 19 US cents per kWh, even reaching up to 21 cents per kWh. Currently, Germany’s total biomass power capacity has reached 50GW. “Low electricity prices are the reason that many factories buy … [Read more...] about New feed-in tariff advocated for biomass energy bonanza

Illustrative image (Source: PetroVietnam) Hanoi (VNA) – The Vietnam Oil and Gas Group (Petrovietnam) has full capacity and advantages in offshore wind power development and in renewable energy projects in the future, held participants at a recent symposium on offshore wind power and hydrogen production from this energy source. A report released at the event showed that offshore wind power and hydrogen will play an important role in the global energy structure and an indispensable solution for energy transition and reduction of greenhouse gas (GHG) emissions to achieve net zero emissions by 2050. In the future, the hydrogen industry and the global hydrogen market, including Vietnam, is predicted to develop fast in the period after 2030. Commenting on the potential and development trend of the offshore wind power industry in Vietnam in the future, the World Bank held that Vietnam has the largest potential in the Southeast Asian region at 475 GW. The figure in the draft … [Read more...] about PetroVietnam targets leading position in renewable energy industry

Illustrative photo While the trend of developing green energy in the world has gathered momentum, there is still no breakthrough solution in offshore wind power energy in Vietnam. This resource needs to be tapped and developed for future growth and as an alternative for other fast diminishing natural resources. Renewable energy resource Fossil fuel resources such as coal, oil and gas will be available for only a few more decades, and humanity will then be in danger of a serious shortage of this energy resource. Therefore, many countries around the world have taken advantage of and further developed wind power energy, which is an inexhaustible and abundant available resource. According to an assessment by the International Energy Agency (IEA), global wind power resources have the potential to reach 420,000 TWh annually, which is eighteen times more than the current world demand. In 1991, the world's first offshore wind power project was built in Vindeby in Denmark. It had … [Read more...] about Vietnam must develop offshore wind power energy

Climate-related and other ecological disasters occur on an almost daily basis. It would be easy to dismiss these events as isolated incidents, minor impediments on the road back to normality. But this would be a mistake. Layers of uncertainty are stacking up and interacting to unsettle our lives in unprecedented ways. We have faced disease, war, and environmental disruption before. But the confluence of destabilising planetary pressures with rising inequality, far-reaching economic and social transformation, accelerated technological change, and global political realignment presents complex and interacting sources of uncertainty for countries, communities, and individuals. Understanding and responding deep-seated uncertainty is the theme of the 2021/2022 Human Development Report entitled “Uncertain Times, Unsettled Lives: Shaping our Future in a Transforming World”. Jonathan Pincus Senior international economist United Nations Development Programme The Human … [Read more...] about Shaping the future of human development in times of crisis

Producing plastic equipment on environmentally friendly production lines with low energy consumption at Saigon Industry Corporation. (Photo: SGGP) Increasing demand for electricity According to the Ministry of Industry and Trade (MoIT), it is forecasted that in the next five years, electricity demand will still grow at about 8.5 percent per year. However, according to the assessment of the MoIT and the Electricity of Vietnam (EVN) on the power supply plan for the 2020-2025 period, ensuring electricity supply in this period will face many difficulties and challenges, especially in the case of extreme weather events. The national capacity reserve rate by 2025, excluding renewable energy, is only about 18 percent. Specifically, the reserve ratio of the Southern power system will decrease sharply from 2023, and there will be insufficient electricity in 2025. In the North, the reserve ratio in 2025 will be only 10 percent. Notably, according to EVN's updated report on the balance of … [Read more...] about Ensuring energy security towards sustainable development

Vietnam is willing to share its experience in agriculture development as a pillar of the economy with Cuba, Prime Minister Pham Minh Chinh told his Cuban counterpart Manuel Marreto Cruz during their talks in Hanoi on September 29. Prime Minister Pham Minh Chinh and his Cuban counterpart Manuel Marreto Cruz hold talks in Hanoi on September 29. Chinh also announced the Vietnamese Party and State’s decision to donate 5,000 tonnes of rice to Cuban people to help them overcome recent socio-economic difficulties. Marrero thanked the Party, State, government and people of Vietnam for their solidarity and loyal support for Cuba over the years, especially for their donations to Cuban people following the Matanzas fuel depot blast in August 2022. The two PMs also exchanged measures to effectively enhance bilateral cooperation in the fields of politics - diplomacy, security - defense, trade - investment, health care, education - training, pharmaceuticals … [Read more...] about Vietnam willing to share agriculture development experience with Cuba

An MoU on cooperation in research and development of biomass power generation and fuel production in Vietnam was signed last week between Japan Electric Development Co., Ltd. and Vietnam Forestry Corporation. It mainly attracts the interest of foreign energy developers, especially from Japan. Cooperating with the largest state-owned forestry company in Vietnam which manages about 43,000 hectares of forest, the Japanese company aims to expand its biomass electricity business in Vietnam. At the same time, it participates in the biomass-based fuel supply chain, thereby accumulating knowledge and experience in the sustainable use of this fuel source. Current exploitation of biomass energy remains quite low in Vietnam, Le Toan In Vietnam, a long-term investment plan is also being implemented by Japan’s Erex Group. The group’s president Honna Hitoshi visited Vietnam in March, working with several stakeholders on the plan to develop around 1,500MW of biomass power by 2035. … [Read more...] about Biomass boost to fuel power evolution