Electricity cut, the businesses’ obsession, has returned
Speaking at the 2013 mid term Vietnam Business Forum, Motonobu Sato, Chair of the Japanese Enterprises’ Association said investors now worry about the power supply in Power plant development program broken? According to the Vietnam Energy Association, a lot of power plant projects have not been put into operation as initially scheduled. The investors are still busy fixing the problems at the Song Tranh 2 hydropower plant, while the Uong Bi thermopower plant has not finished the expansion of the power generation unit No. 2. The Vung Ang 1, An Khanh 1 were planned to get completed in 2012. However, sources have said they would be operational in 2013 at the soonest. Meanwhile, other projects, which need to be implemented in 2011-2020, still have not found the investors. Under the 2011-2020 national power plant development program, If However, even the 75,000 MW target proves to be unfeasible. It is estimated that by the end of 2013, the total electricity output would reach 30,000 MW. As such, in 2014-2020, Also under the national program, by 2020, coal run power plants would make up 48 percent of the total output. This spells that The coal supply for coal run thermopower plants remains questionable. Only In fact, However, no matter whether Clean energy? While the fact that the first wind power plant has provided electricity to the national grid has made Vietnamese excited, experts are not too optimistic about the clean energy development. Regarding the wind power, it is estimated that the production cost is very high at VND4,000 per kwh. On Phu Quy island in Ninh Thuan province, wind power is selling at VND7,000 to people. Some local businesses have stopped operation because of the overly high electricity prices. As for solar energy, it is estimated that a plant would need the investment rate of several billions of dollars. Tran Thuy |
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