Wind developers ask for transitional policy

Wind developers ask for transitional policy

With world-class resource potential and rapidly growing power demand, Vietnam is facing a crucial crossroads and has the opportunity to accelerate deployment of both onshore and offshore wind, according to a new report – but the ongoing pandemic is causing regulatory challenges and delays to many projects as developers attempt to settle on incentive policies for the next stage.
Coal conundrum ahead forces Vietnam to rethink priorities

Coal conundrum ahead forces Vietnam to rethink priorities

While the pressure on the environment and issues like climate change are increasing, it remains difficult for Vietnamese companies and the government to turn away from fossil fuels completely.
A paradox of power consumption and generation

A paradox of power consumption and generation

Renewable energy output is being reduced even as Vietnam is seeing blackouts as power consumption is off the charts.
France supports extension of Ialy hydropower plan through AFD

France supports extension of Ialy hydropower plan through AFD

AFD in Vietnam and EVN signed a credit facility agreement for a non-sovereign concessional loan to finance the extension of Ialy Hydropower plant.
Power plan revised to render market more competitive

Power plan revised to render market more competitive

The government this month requested the Ministry of Industry and Trade to review and re-submit the Power Development Plan VIII as the scheme is geared towards speeding up establishment of a competitive electricity market.
Renewable energy output up nearly 160 percent during Jan-Apr

Renewable energy output up nearly 160 percent during Jan-Apr

Vietnam’s total output of electricity from renewable energies hit 9.5 billion kWh in the first four months of 2021, up 156.9 percent year-on-year, and accounting for 11.8 percent of the total electricity output, according to a report by the Vietnam Electricity (EVN).
Strong DPPA scheme desired

Strong DPPA scheme desired

The Minister of Industry and Trade is likely to sign a draft circular regulating a pilot project for electricity purchases and sales between renewable energy generators and consumers under direct power purchase agreements.
Conditions in place for offshore development

Conditions in place for offshore development

Reducing the cost of capital for offshore wind power projects in Vietnam will be the main driver for lowering electricity costs and encouraging investment in such projects, argue several international energy experts, with the right government policies needed to be implemented quickly to follow through with the country’s energy development schedule.
EVN permitted to exceed loan ceiling to develop Quang Trach 1 Thermal Power Plant

EVN permitted to exceed loan ceiling to develop Quang Trach 1 Thermal Power Plant

The prime minister has allowed Vietcombank to provide a loan exceeding the statutory ceiling for EVN to develop Quang Trach 1 Thermal Power Plant.
CPI produces record growth in February

CPI produces record growth in February

Hiking prices over the Lunar New Year holiday, as well as the end of the EVN's power-price assistance programme, have lead to a record increase of the CPI.
EVN to invest in $2.1 billion thermal power project in Quang Binh province

EVN to invest in $2.1 billion thermal power project in Quang Binh province

EVN will invest approximately $2.1 billion in Quang Trach II Thermal Power Plant in Hon La Economic Zone, Quang Binh province.
Investors give EVN Genco 2 cold shoulder at IPO

Investors give EVN Genco 2 cold shoulder at IPO

Despite EVN Genco 2 owning substantial interests in thermal and hydropower plants, 99.97 per cent of the stake it offered at its IPO was unmarketable.
US supports Vietnam to advance clean energy deployment

US supports Vietnam to advance clean energy deployment

USAID Vietnam Urban Energy Security project and EVN partnered up to support EVN’s efforts to expand Rooftop Solar (RTS) energy generation in Vietnam.
Ninh Phuoc 220kV transformer substation officially connects power lines

Ninh Phuoc 220kV transformer substation officially connects power lines

The Ninh Phuoc 220kV transformer substation was officially powered up and put into operation to connect to the grid and local power lines on June 29.
EVN proposes Quang Tri to set up steering committee for renewable energy development

EVN proposes Quang Tri to set up steering committee for renewable energy development

The general director of EVN proposed to establish a provincial Steering Committee for Electricity Development to call for wind farm investors in Quang Tri.
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