Ensuring energy security vital during coal upheaval

Ensuring energy security vital during coal upheaval

As Indonesia unexpectedly decided to ban coal exports for the month, Vietnam’s power generators fear fuel shortages. VIR’s Van Nguyen spoke with Assoc. Prof. Dr. Nguyen Canh Nam from the Vietnam Energy Association about the ban and how it will affect the nation’s power supply.
Finance and capacity lead energy transition dilemma

Finance and capacity lead energy transition dilemma

The Vietnamese government is calculating an additional plan for the development of power sources in the country, considering the contingency and reduction of coal power sources following the COP26 climate summit.
KEPCO to join coal power plant project in Vietnam

KEPCO to join coal power plant project in Vietnam

KEPCO has decided to take part in a coal-fired power plant project in Vietnam, despite growing criticism from global investors and overseas environmental group.
Japanese giant Sumitomo Mitsui Financial Group halts lending to new coal-fired power plants

Japanese giant Sumitomo Mitsui Financial Group halts lending to new coal-fired power plants

Sumitomo Mitsui Financial Group (SMFG) – one of Japanese largest megabanks – announced it would halt lending to new coal-fired power plants from May 1, 2020.
Japanese bank Mizuho to stop lending to coal power plants

Japanese bank Mizuho to stop lending to coal power plants

Japanese financial giant Mizuho Financial Group has approved a shareholder resolution to stop investing and lending to new coal power projects.