UK firm plans to operate Vietnam mega wind power project by 2025

vietnam wind power

subscribe

HANOI -

U.K. energy firm Enterprize Energy wants to begin operating its $12-billion offshore wind power project in central Vietnam by the end of 2025.
Company chairman Ian Hatton proposed the company’s ThangLong Wind Project in the central province of Binh Thuan be included in Vietnam’s 8th National Power Development Plan, which is being drafted at present, so that at least part of the project can begin operations by the end of 2025 and all of it by 2028.

Renewable energy is a priority in the development plan that the Ministry of Industry and Trade will submit to the government next month. About 37.5 percent of new energy supply in the next decade will come from renewable energy, it envisages.

However, due to concerns of overload to the national grid, Hatton, at a Wednesday meeting with Prime Minister Nguyen Xuan Phuc and U.K. Minister of State for Trade Policy Greg Hands, proposed the government gives Enterprize Energy licenses to develop transmission lines to handle future output.

Developing transmission lines in Vietnam has been the exclusive preserve of the national utility Vietnam Electricity (EVN).

The 3,400-megawatt ThangLong Wind Project is to be located between 20 and 60 kilometers off the coast of Binh Thuan, at a depth of 30-55 meters. Enterprize Energy had said wind resources in this area exceed its expectations.

The project’s construction is expected to stimulate Vietnam’s economic growth with 50 percent of construction and operational expenses made locally.

Vietnam needs $133.3 billion over the next decade for building new power plants and expanding the grid to meet the growing demand for electricity, the ministry has estimated.

Related News

ev charging

Electric vehicles can fight climate change, but they’re not a silver bullet: U of T study

TORONTO - Today there are more than seven million electric vehicles (EVs) in operation around the world, compared with only about 20,000 a decade ago. It’s a massive change – but according to a group of researchers at the University of Toronto’s Faculty of Applied Science & Engineering, it won’t be nearly enough to address the global climate crisis. 

“A lot of people think that a large-scale shift to EVs will mostly solve our climate problems in the passenger vehicle sector,” says Alexandre Milovanoff, a PhD student and lead author of a new paper published in Nature Climate Change. 

“I think a…

READ MORE
new mexico factory

Factory Set to Elevate the United States in the Clean Energy Race

READ MORE

Solar Is Now 33% Cheaper Than Gas Power in US, Guggenheim Says

READ MORE

wind power

Scores more wind turbines proposed for Long Island’s South Shore

READ MORE

Arvato commissions first solar power plant

READ MORE