Promoting renewable energy an urgent requirement: Experts

Jul 22nd at 08:01
22-07-2019 08:01:05+07:00

Promoting renewable energy an urgent requirement: Experts

Along with its rapid economic growth, Viet Nam’s electricity demand is also increasing strongly, at around 10 per cent a year, causing huge pressure on the energy sector, according to the Ministry of Industry and Trade.

 

Truong Thanh Hoai, director general of the ministry’s industry department, said the country’s total electricity capacity reached nearly 50,000 MW last year to more or less meet demand.

Viet Nam’s power capacity is the second highest among Southeast Asian countries and 30th in the world, he said.

Speaking at a conference on Viet Nam’s strategy for developing green energy and energy saving until 2020 in HCM City last Wednesday, Nguyen Phuong Dong, deputy director of the city Department of Industry and Trade, said the growth in energy demand in the country is much higher than in places like Japan and Europe.

“This requires Viet Nam to have efficient solutions for energy saving and develop new sources of energy and renewable.”

Hoai said: “The Government has issued policies to encourage the development of renewable energy such as wind, solar and biomass to reduce adverse impacts on the environment and encourage production of energy-efficient devices.”

Nguyen Anh Tuan of the Institute of Energy said: “Viet Nam has diverse fossil energy resources like oil, gas and coal as well as renewable energy sources such as biomass, solar and wind.”

Currently hydropower and coal are the largest sources and would remain so in the short term, he told the conference.

Tuan said the Government revised the Power Development Plan for a seventh time in 2016 to increase the share of renewables like biomass, solar and wind to reduce the gap between demand and supply, and is now preparing for an eighth revision.

“The power generation structure has changed with greater reliance on renewable energy.”

As a country with a tropical monsoon, and sun and wind all year round, Viet Nam has great potential for developing renewable energy.

Talking about the advantages and challenges related to solar energy generation in HCM City, Nguyen Ngoc Tuong Vi, acting director of the HCM City Power Corporation’s sales department, said the city has great potential for solar power, especially rooftop solar while the Government and the city have policies in place to develop rooftop solar and strong support from the public and businesses.

But the high cost of installing solar rooftop panels discourages people and there are a range of products in terms of origin, quality and warranty, confusing them, she said.

There are no national technical standards or standard specifications related to rooftop solar systems, and no guidelines on dealing with used solar panels and other issues, she said.

She said the Government should soon announce prices for solar power.

To encourage solar power generation, the Government announced that projects connected to the national grid by June 30, 2019, could sell electricity to EVN at 9.35 US cents per kWh, but no information on how much had been revealed, she said.

The Government should also promulgate regulations for recycling used solar panels and national technical standards for rooftop solar, she said.

The conference was held on the sidelines of the International Exhibition on Electrical Technology and Equipment and the International Exhibition on Products, Technologies for Energy Saving and Green Power, which are being held in HCM City from July 17 to 20.

bizhub



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Losses unabated for producer of Hanoi Vodka

Alcohol giant Hanoi Liquor JSC reported that its loss-making trend has continued with a VND37 billion ($1.6 million) pre-tax loss in H1.

Six firms under probe for origins of wood exports 

The Department of Investigation and Anti-Smuggling under the General Department of Vietnam Customs is collaborating with relevant agencies to investigate violations...

Apparel orders from importers plunge 30%: VITAS

Many local textile and garment firms saw orders from importers falling by 30% in the first half of the year, said Truong Van Cam, general secretary of the Vietnam...

Farm produce quality needs improving

Local farmers, farm produce processors and traders should meet local and international standards to increase the consumption of agricultural products and also...

Vietnam ETE and Enertec expos promote energy-efficient technology

The 12th International Exhibition on Electrical Technology & Equipment (Vietnam ETE 2019) and the 9th International Exhibition on Products, Technologies of Energy...

Son La Longan and Safe Farm Produce Week 2019 launched in Ha Noi

Building a good trade marketing campaign will help provinces not only increase sales of their agricultural products but effectively build their product brands.

PVN facing difficulties in ensuring national energy reserves

The Vietnam Oil and Gas Group (PVN) needs to set up a national energy reserve centre to deal with emergencies when there are interruptions in the supply source...

Future of footwear kicked up a notch

Vietnam’s footwear industry stands to benefit from the upcoming EU-Vietnam Free Trade Agreement (EVFTA), according to industry leaders.

New trade opportunities for regional specialities

European enterprises will have their agricultural and foodstuff products protected in Vietnam through which they can boost exports thanks to the country’s...

Brighter digital prospects for textile-garment

Vietnam is beefing up textile and garment digitalisation co-operation with South Korea to improve production and make full benefit of the EU-Vietnam Free Trade...


MOST READ


Back To Top