Power structure balance required
Vietnamâs energy sector has been developing rapidly throughout the last few years, in which renewables show the strongest development. However, the existing imbalance between power generation and transmission threatens the national power supply. As such, relevant government agencies are now tasked with finding sustainable approaches to tackle the situation.
The total capacity of renewable energy sources in Vietnam accounts for 25 per cent of all sources, Photo: Shutterstock
The year 2019 might be the last time that Power Generation Corporation 1 (GENCO 1) had a high power output. In 2020, its entire electricity production decreased by around 0.6 per cent compared to the previous year.
Desire for long-term tactics in solar power Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
06/02/2021 06:40 GMT+7
Although Vietnam began to develop solar power plants just about three years ago, the initially achieved capacities have been outstanding.
However, the short terms of the government’s previous two incentive programmes have left many projects stagnating, leading to unused potential.
Industry leaders are looking for longer rate timeframes in order to stabilise development of solar power in the country.
Vietnam’s solar power story is closely tied to its long-term goal of power diversification. The launch of the country’s first solar power plant in the central province of Thua Thien-Hue in October 2018 by TTC Group became convincing proof that the Ministry of Industry and Trade (MoIT) has supported development of
Keeping opportunities fresh in fruit and vegetable exports 11:00 | 05/02/2021
The export of Vietnamese fruit and vegetables is worth hundreds of millions of US dollars each year but is so far impeded by the lack of appropriate preservation technology. As regional countries are also upping their game, Vietnam may see incentives for upgrading the lifetime of its produce when exporting to foreign markets like the United States.
Vietnam earns hundreds of millions of US dollars from the export of fresh produce, but preservation techniques still lag behind other nations. Photo: Le Toan
The pandemic has raised the need to increase the preservation of fresh fruit, but weaknesses in technology and methods have made it difficult for Vietnamese products to add value for exports to the US market.
Although Vietnam began to develop solar power plants just about three years ago, the initially achieved capacities have been outstanding. However, the short terms of the government’s previous two incentive programmes have left many projects stagnating, leading to unused potential.
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