Vietnam to build first pumped storage plant
SON LA, VIETNAM - Last month, Electricity of Vietnam EVN, in association with Japan International Cooperation Agency Vietnam JICA Vietnam and Xuan Thien Ninh Binh Company Limited, announced that it would be building the country's first pumped-storage hydroelectric power station in the Son La Province.
Mountainous Son La is about 200 kilometers from Hanoi and shares a southern border with Laos. The exact location of the plant is yet to be determined however, Deputy Prime Minister Hoang Trung Hai has given his seal of approval to the project.
As of now, EVN and its associates are developing the project scope, and construction is scheduled to commence during the second quarter of 2013. The Dong Phu Yen Pumped-Storage Power Station is planned to house five 300-megawatt MW pump turbine generators to produce 1,500 MW when completed and operational in 2018. EVN, JICA Vietnam, and Xuan Thien Ninh Binh are planning to begin searching for equipment providers and subcontractors after they have completed the scope of the project. The project is estimated to cost US$1 billion.
JICA is a well-known Japanese governmental organization that provides official developmental assistance on behalf of the government of Japan. The organization is merged with the Japan Bank for International Cooperation JBIC and is responsible for dispensing loans to developing countries. JICA and EVN have worked together on numerous projects to develop Vietnam's installed power supply.
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The British government asked its nuclear regulator to start the approval process in March, having backed Rolls-Royce’s $546 million funding round in November to develop the country’s first SMR reactor.
Policymakers hope SMRs will help cut dependence on fossil fuels and lower carbon emissions.
Speaking to Reuters in an interview conducted virtually, Stein said the regulatory “process has been kicked off, and will likely be complete in the middle of…
