2021-03-15 10:25:00
VIETNAM NEED INVESTMENT $320 BLN
ENERDATA - 12 Mar 2021 - According to a draft electricity plan released by the Vietnamese Ministry of Industry and Trade, Vietnam will need about US$320bn to develop its power sector in 2021-2045, including US$235bn for electricity and US$85bn for the grid. The supply of commercial electricity is forecast to reach 491 TWh in 2030 (+87% compared to 2019) and 877 TWh by 2045 (+265%). The country’s total capacity should amount to 137 GW in 2030 (+145% compared to 2019), with 29% from wind power, solar and renewable energies, 27% from coal-fired thermal power plants, 21% from gas thermal power, 18% from hydropower, 4% from imports and 1% from storage devices. In 2045, Vietnam’s installed capacity is expected to reach 277 GW (+395% compared to 2019), including 44% from wind power, solar and renewable energies, 24% from gas thermal power, 18% from coal-fired thermal power, 9% from hydropower, 2% from imports and 3% from storage devices.
-----
Earlier:
2021, February, 1, 12:00:00
CHINA, MALAYSIA, VIETNAM COAL INVESTMENT $3.2 BLN
Coal accounts for 35% of Vietnam’s installed capacity, with nearly 20 GW (end of 2019). More than 10 GW of coal projects are currently under construction and 24 GW under development.
2021, January, 22, 10:50:00
VIETNAM COAL POWER 1.2 GW
The Prime Minister of Vietnam has authorised the 1,200 MW (2x600 MW) Quang Trach 2 coal-fired power project in the Quang Binh province.
