Company chairman Ian Hatton proposed the company’s Thang Long Wind Project in the central province of Binh Thuan be included in Vietnam’s 8th National Power Development Plan, which is being drafted at present, so that at least part of the project can begin operations by the end of 2025 and all of it by 2028.

Wind turbines in the central Binh Dinh Province.

Renewable energy is a priority in the development plan that the Ministry of Industry and Trade will submit to the government next month. About 37.5 percent of new energy supply in the next decade will come from renewable energy, it envisages.

However, due to concerns of overload to the national grid, Hatton, at a Wednesday meeting with Prime Minister Nguyen Xuan Phuc and U.K. Minister of State for Trade Policy Greg Hands, proposed the government gives Enterprize Energy licenses to develop transmission lines to handle future output.

Developing transmission lines in Vietnam has been the exclusive preserve of the national utility Vietnam Electricity (EVN).

The 3,400-megawatt Thang Long Wind Project is to be located between 20 and 60 kilometers off the coast of Binh Thuan, at a depth of 30-55 meters. Enterprize Energy had said wind resources in this area exceed its expectations.

The project’s construction is expected to stimulate Vietnam’s economic growth with 50 percent of construction and operational expenses made locally.

Vietnam needs $133.3 billion over the next decade for building new power plants and expanding the grid to meet the growing demand for electricity, the ministry has estimated.

Vietnam faces transmission conundrum for renewable energy

Vietnam’s national grid is ill-equipped to handle the power surge from new renewable energy plants seeking to come online this year.

Vietnam, Denmark sign agreement to develop offshore wind energy

Danish investment firm Copenhagen Infrastructure Partners (CIP) and its partners have signed a memorandum of understanding with the central province of Binh Thuan to develop a wind energy project with a total capacity of 3.5GW off the coast of La Gan.

Garment enterprises in Bac Giang save energy, improve competitiveness

(BGO) - Garment enterprises in Bac Giang province have been actively applying many solutions to save power, thus helping them reduce product costs, increase competitiveness and improve economic efficiency.

US partners with Vietnam to build urban energy security

The US Agency for International Development (USAID) has announced a new project promoting urban energy security in Vietnam at an event held in Ho Chi Minh City.

Vietnam develops renewable energy

Since 2017, the Vietnamese Government has issued a number of priority policies to develop renewable energy to boost production and attract domestic and foreign investment, heard a workshop in Hanoi on September 17.

Source: VnExpress