The amendments underway to the law on electricity are expected to remove the bottlenecks and a favourable environment for the development of gas-fired and offshore wind power projects, experts said at a conference on Wednesday.
According to the International Energy Agency (IEA), the oil and gas sector''s experience in executing offshore projects contributes significantly to sharing supply chains and technology.
The Ministry of Industry and Trade (MoIT) has submitted a report to the Government regarding the implementation of a pilot project for offshore wind power development, recommending that the private sector should not be assigned this task.
Fourteen wind power projects have been approved for investment in the southernmost province of Cà Mau so far this year. They will have a combined capacity of 800 MW and are part of the province''s renewable energy plans that envisage having...
Experts at the event analysed challenges in offshore wind power development and share experience in the field, while giving their opinions on the feasibility of electricity projects and expected power prices.
Vietnam Electricity (EVN) has submitted a document to the Ministry of Industry and Trade (MoIT) regarding the proposal to import wind power projects from the Lao People''s Democratic Republic (Lao PDR) to the Quảng Trị Province.
The Singapore Government approved in principle the sale of 1.2GW from a 2.3GW wind farm offshore Việt Nam but the latter must come up with a framework to implement the deal within the next year.
The Government Office recently sent an urgent dispatch to the Minister of Industry and Trade regarding recommendations to deal with shortcomings in the building and issuance of a pricing mechanism for electricity generation of transitional wind and solar power plants.
With a total investment capital of nearly VND1.7 trillion (US$72.4 million), the project is the sixth of its kind being built in the province. It has a total capacity of 50MW, with 13 wind turbines.