(VEN) - Over 10,000 people attended the recently held Enertec Expo 2012 international energy efficiency fair in Ho Chi Minh City, according to Tran Anh Hao, Director of the Energy Management Division of the Ho Chi Minh City Department of Industry and Trade. The fair jointly organized with the Ho Chi Minh City Power Corporation underlined the increasing public and business interest in applying energy saving technology in production and consumption. The expo hosted more than 100 booths displaying the latest power saving and renewable energy solutions such as wind and solar power and green energy. The fair was also held to boost the production and sale of energy efficient products and promote new energy and environmentally-friendly renewable energy development, and to improve public understanding of the need to effectively and efficiently use power. Enertec Expo 2012 was also an opportunity for domestic businesses to seek partners and expand their markets, and for foreign businesses to … [Read more...] about Renewable energy development anticipated
Renewable energy
Just 5 pct renewable energy exploited in Vietnam
Vietnam only exploited 5 per cent of its renewable energy potential and the Government sets the target to increase to figure to 11 per cent by 2050. >> Gov’t to support businesses using green technology … [Read more...] about Just 5 pct renewable energy exploited in Vietnam
Strong boon needed to boost renewable energy
The general chair of the World Council for Renewable Energy has suggested that the Government have policies that reward producers of electricity from wind and other natural resources, and encourage making the most of resources available in the country. Peter Droege highlighted the importance of such policies when talking with reporters after the opening session of the Conference and Exhibition on European Green Business Solutions (GreenBiz 2011) in HCMC on Thursday morning. Deputy Prime Minister Nguyen Thien Nhan addressed this session via live videolink from Hanoi. In his message, Nhan said Vietnam was facing many challenges related to environment protection and urban management due to the impact of climate change as well as fast modernization and urbanization. Nhan also urged proper strategies for sustainable development. The Deputy PM said that Vietnam was in a perfect location to utilize the sun and wind as sources for renewable energy generation because of its long coast … [Read more...] about Strong boon needed to boost renewable energy
Vietnam turns at last to promotion of renewable energies
Policies advocated by the Vietnam Energy Association to create a friendlier climate for development of technologies that make power from the wind, the sun and natural wastes seem to have won the Government's support.Tran Viet Ngai, chairman of the Vietnam Energy Association, talked with Thanh Nien Daily. He said: The demand for power is rising in Vietnam. It is estimated that we'll need to be able to generate 30,000 MW by 2015, double the current capacity of our power plants. Traditional energies like coal and oil are becoming exhausted, and our imports of energy will increase. There's an urgent need to use our sources of energy more effectively and economically. And in addition, Vietnam needs to explore renewable sources of energy. Favored by Mother Nature, Vietnam has great potential to develop solar power, wind power, geothermal energy and biofuels. We'll have to take advantage of this potential to help meet our demand for power. Thanh Nien:Isn't it true that so far we've … [Read more...] about Vietnam turns at last to promotion of renewable energies
Renewable energy’s difficult birth
While the demand for energy is rising dramatically in Vietnam, development of renewable energy is still in its infancy and faces big obstacles. Investors dismayed as EVN turns its back on wind and solar power Wind power industry in Vietnam According to the Ministry of Planning and Investment, VietnamâÂÂs demand for primary energy rose by 2.56 times from 1989 to 2008. Electricity demand rose 10.7 times. Virtually all was produced from traditional energy sources like coal, oil, natural gas and hydropower. Foreseeing a day when demand outstrips existing resources, the Government is turning its attention, at last, to renewable energy sources like wind and solar power, and to more efficient consumption, reports the HCM City journal Thanh Nien. "The state encourages the development and use of new and renewable energy resources through assisting projects to research, manufacturing and building models of new and renewable energies; exempting taxes for the import, manufacture and … [Read more...] about Renewable energy’s difficult birth