Sharing experiences in wind power development in Vietnam

On the morning of June 7, the Embassy of Germany, the Embassy of Denmark and the German International Cooperation Agency (GIZ) jointly organized a workshop on wind development in Vietnam to share experiences in wind power development of the nations in the world with Vietnam.

International speakers are sharing experiences in wind power development in Vietnam

Speaking at the workshop, Mr. Nguyen Van Thanh - Deputy Director of the Department of Electricity and Renewable Energy (Ministry of Industry and Trade) shared that according to the adjusted Power Planning VII, the target of wind power capacity set out by Vietnam is to reach 800MW by 2020 and 6,000MW by 2030. However, the development pace of wind power is still very slow. Up to now, only seven projects with a total capacity of 190MW have been put into operation.

Mr. Thanh also mentioned on some causes including barriers to wind power development in Vietnam such as investment capital, capacity, limited access to new technology and efficiency, etc.

“In particular, wind power prices are not attractive enough for investors. The Ministry of Industry and Trade is working out to introduce a new appropriate electricity price in the coming time to ensure fairness among renewable energy sources and suitability with the current technology in the world,” Mr. Thanh said. 

“The Ministry of Industry and Trade is willing to listen to the sharings from corporations, groups, experts in the field of energy, especially the renewable energy, about the experience in utilizing the potential of wind and solar energy on different terrains and climate conditions; experience in the integration of renewable energy sources, etc.,” added by Mr. Thanh.

At the same time, the Ministry of Industry and Trade hopes to continue to receive active supports from the German Government, the Danish Government and international organizations in the development plan for the energy sector in general and the renewable energy sector in particular of Vietnam.

At the worshop, experts from Germany and Denmark shared about their mechanisms and policies; technology and experience of the energy utilization; costs of wind power utilization; integrating wind power into the grid, etc. At the same time, experts also recommended that Vietnam should continue to standardize power contracts for wind power projects, so that it would be approved by international financial institutions; The project approval process should be simplified, clear, transparent and time-bound, in order to reduce the uncertainty and increase the confidence of the market as well as of investors.

  • 07/06/2018 04:57