Chủ đề: energy

Mr. Håkan Agnevall, Chairman and CEO of the Wärtsilä Group, in an interview with VnEconomy, expressed a belief that Vietnam has the potential to achieve its net-zero emissions goal and could see a renewable energy revolution in the years to come.

Rising numbers of foreign investors took part in Vietnam’s energy industry over the 2010-2019 period.

The US’s AMI AC Renewables will implement a pilot project to develop a $3-million battery energy storage system in south-central Khanh Hoa province. The project will demonstrate how the US’s leading energy storage technology can help Vietnam achieve its renewable energy development goals and reduce its dependence on coal.

Energy-related uncertainties in China have led many investors to look for alternatives. Vietnam is deemed a good choice due, among other things, to the stability of its power network.

The installation of all nine turbines in the first phase of the 40.5-MW Kosy Bac Lieu offshore wind farm in the Mekong Delta province of Bac Lieu was completed on September 28. Subsequent tasks are now being carried out, with generation to begin before October 31.

Energy capacity now exceeds demand and the need for power for socio-economic development has declined, with many power plants ceasing production as a result or operating under capacity to avoid further oversupply and follow plans.