Vietnam has huge potential for developing wind power but the country currently needs the big initial investment, technical complexity and quality technicians to take full of opportunities to boost the sector in the coming time.
The assessement was made by experts at a workshop on wind power held by the Embassy of Denmark and Vestas, a Danish group, in Hanoi on November 29.
Speaking at the event, Ingmar Stelter, Director of the Energy Support Programme between the Ministry of Information and Communications and the German Agency for International Cooperation (GIZ), said Vietnam has a long coastline with an estimated wind power capacity of 24GW. However, the total capacity of Vietnam’s existing wind power farms has just reached 159.2MW.
Addressing the workshop, Deputy Minister of Industry and Trade Hoang Quoc Vuong said that the country has more than 3,200 km of coastline, an area of good wind power potential at about 2.700km2, equivalent to about 10,000 MW onshore wind power .
According to Deputy Minister Vuong, the main causes discouraging the development of wind power are the high production cost while purchase prices are low, which hinder investors.
He noted that big initial investment and technical complexity are deterring the development of the sector.
The domestic supply sources for parts, equipment and services are lacking, as are qualified technicians.
The Deputy Minister said the Vietnamese government is making efforts to perfect the legal framework and improve the organisational structure and management method in the wind power sector.
The Ministry of Industry and Trade is revising wind power selling prices for facilities on land and at sea towards rising the prices according to Decision 37/2011/QD-TTg of the Prime Minister.
Naveen Raghavan Balachandran from Vesta, a Danish group specialising in manufacturing wind turbines and supplying related services, said the group will assist Vietnam in training workers and technicians.
Naveen Raghavan Balachandran also suggested Vietnam revise its policy to attract private investors in the sector.
Under the adjusted national power master plan for 2011-2020 with a vision to 2030, total wind power capacity is projected to reach 800 MW by 2020 (0.8 percent of the country’s power output), 2,000 MW (one percent) by 2025 and 6,000 MW (2.1 percent) by 2030.
Participating in the workshop, state management agencies, enterprises, research institutions and consultancy units in Vietnam had a good opportunity to exchange advanced technical solutions, international financial measures to strengthen international cooperation and investment activities in the field of wind power industry.
Speaking at the event, Ingmar Stelter, Director of the Energy Support Programme between the Ministry of Information and Communications and the German Agency for International Cooperation (GIZ), said Vietnam has a long coastline with an estimated wind power capacity of 24GW. However, the total capacity of Vietnam’s existing wind power farms has just reached 159.2MW.
At the Phu Lac Wind Power Plant in Binh Thuan province.
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According to Deputy Minister Vuong, the main causes discouraging the development of wind power are the high production cost while purchase prices are low, which hinder investors.
He noted that big initial investment and technical complexity are deterring the development of the sector.
The domestic supply sources for parts, equipment and services are lacking, as are qualified technicians.
The Deputy Minister said the Vietnamese government is making efforts to perfect the legal framework and improve the organisational structure and management method in the wind power sector.
The Ministry of Industry and Trade is revising wind power selling prices for facilities on land and at sea towards rising the prices according to Decision 37/2011/QD-TTg of the Prime Minister.
Naveen Raghavan Balachandran from Vesta, a Danish group specialising in manufacturing wind turbines and supplying related services, said the group will assist Vietnam in training workers and technicians.
Naveen Raghavan Balachandran also suggested Vietnam revise its policy to attract private investors in the sector.
Under the adjusted national power master plan for 2011-2020 with a vision to 2030, total wind power capacity is projected to reach 800 MW by 2020 (0.8 percent of the country’s power output), 2,000 MW (one percent) by 2025 and 6,000 MW (2.1 percent) by 2030.
Participating in the workshop, state management agencies, enterprises, research institutions and consultancy units in Vietnam had a good opportunity to exchange advanced technical solutions, international financial measures to strengthen international cooperation and investment activities in the field of wind power industry.
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