As many as 47 out of 62 power projects with the large capacity of over 200 MW are going very slowly. Of 19 BOT projects, only four have become operational, while the others are still under execution or negotiations. This has led to the prediction that Vietnam would increase the imports. As many as 47 out of 62 power projects with the large capacity of over 200 MW are going very slowly. Of 19 BOT projects, only four have become operational, while the others are still under execution or negotiations. This has led to the prediction that Vietnam would increase the imports. … [Read more...] about Vietnam faces exchange rate risks when importing electricity
According to an assessment by the Education for Nature (ENV), the current illegal trading of ivory and its byproducts in Vietnam is very complicated. Vietnam is not only a potential market for ivory consumption but also an important transition place in the trafficking of wild animals to other regional countries. … [Read more...] about Joint efforts needed to deter ivory trafficking in Vietnam
The preferential rate for wind power only applies to grid-connected plants beginning commercial operations before November 1, 2021, and many investors are racing against time to start operations, but a wind power plant cannot be built as quickly as a solar power plant, he explained. … [Read more...] about Lessons from solar: Rush to invest in wind power plants to get high tariffs could overload grid
HCM City (VNS/VNA) - The rush to invest in wind energy to take advantage of the Government's pricing incentives could lead to overloading of the national grid in a repeat of the solar scenario, experts warn. The Government announced a feed-in tariff (FiT) in 2011 for wind energy of 1,770 VND per kWh (7.8 US cents) and a power purchase agreement (PPA) duration of 20 years. In 2018 it raised the FiT to 1,928 VND (8.7 US cents) for onshore wind projects and 2,223 VND (9.8 US cents) for offshore projects. The rates apply to grid-connected power plants with commercial operations before November 1, 2021. According to the National Load Dispatch Center (A0), nine wind power plants with a total capacity of 353MW were built before the Government raised the FiT. Since the increase, plants with thousands of megawatts of capacity have signed PPAs and have been added to the country’s wind power plans, it said. According to a report by Vietnam Electricity (EVN), besides the nine plants … [Read more...] about Massive investment in wind power plants could overload grid: experts
Policies on climate change adaptation in Vietnam have been issued since 2008. The issue has gained more attention and has been discussed extensively at policymaking agencies at different levels. However, discussion and some action programs do not mean a policy priority: Climate change is still a distant issue in comparison with economic growth. Despite the pressure for reduction of greenhouse emissions and fine dust pollution, coal-fueled power plants are still the leading source of power generation. According to the Vietnam Electricity Group (EVN), the combined capacity of coal-fueled power plants will account for 42.7% of the total capacity of the power system and 49.3% of the electricity output next year. … [Read more...] about Whose environment is it?