Vietnam’s Offshore Wind Development Roadmap Report Launch

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This roadmap provides strategic analysis of the offshore wind development potential in Vietnam, considering the opportunities and challenges under different growth scenarios. It is intended to provide evidence to support the Government of Vietnam in establishing policy, regulations, processes, and infrastructure to enable successful growth of this new industry.
Foreign Investors Line Up for Vietnam’s Offshore Wind Boom
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Exploitation of Vietnams vast offshore wind potential is part of the energy transition, and the plan targets a minimum of 3-5 GW of offshore wind in 2030 and 9-11 GW by 2035.
Vietnam offshore wind opportunities increasing | McKinsey
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According to the World Bank, estimates of Vietnams offshore wind potential range up to 500 gigawatts. By comparison, Germany, a leader in wind power, currently has about 62 gigawatts of total installed wind capacity, of which approximately eight gigawatts are offshore. 5. Vietnams coastal provinces have driven overall capacity gains since ...
Offshore Wind in Vietnam – Harnessing the Country’s Potential
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The World Bank has recently concluded that Vietnam could see an increase in offshore wind power capacity of between 11 to 25GW by 2035, depending on the government’s success in formulating and implementing the necessary policies to grow the industry.
Offshore Wind in the South China Sea: A Counter-Salami Slicing Strategy ...
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Vietnams counter-salami slicing approach should be more subtle. Hanoi could attract interest from countries like Australia and India , encouraging them to invest in the offshore wind sector.
Offshore Wind in Vietnam - Mayer Brown
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Vietnam currently has 18 offshore wind projects in operation, though all of these are located near-shore in rela-tively shallow waters. A growing number of domestic and international developers are exploring the country’s offshore wind opportuni-ties, and a pipeline of larger-scale deep-water offshore wind develop-
Technical potential for offshore wind in Vietnam - World Bank
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This map shows the estimated technical potential for fixed and floating offshore wind in Vietnam in terms of installed power capacity in megawatts (MW) within 200 kilometers of the shoreline. It is provided under a World Bank Group (WBG) initiative on offshore wind that is funded and led by the Energy Sector Management Assistance Program (ESMAP ...
Creating A Sustainable Offshore Wind Industry in Vietnam
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In September 2018, the Government of Vietnam issued Decision No. 39/2018/QD-TTg (“Decision 39”), which introduced an offshore wind tariff of VND 2,223/kWh (USD 0.098/ kWh) and increased the onshore wind tariff. The feed-in tariffs (FiTs) for offshore wind have been in effect since 1 November 2018 and will be valid for projects beginning ...
Vietnam’s Offshore Wind Development Roadmap Report Launch - IFC
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This roadmap provides strategic analysis of the offshore wind development potential in Vietnam, considering the opportunities and challenges under different growth scenarios. It is intended to provide evidence to support the Government of Vietnam in establishing policy, regulations, processes, and infrastructure to enable successful growth of ...
Vietnam offshore wind power sparks influx of foreign investment
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Vietnam offshore wind power sparks influx of foreign investment. Sumitomo plans 1 GW project, with Denmark's Orsted angling for 2 GW. MAMORU TSUGE and TOMOYA ONISHI, Nikkei staff writers January 6 ...
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Vietnam Offshore Wind Development - Global Energy Monitor
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Vietnam, a net coal importer, currently mostly relies on coal for electricity generation. The ambitious Power Development Plan 8 (PDP8), approved in May 2023, plans to increase the share of renewables (wind, solar, and hydro) to 46.5% by 2030 and reach Net Zero by 2050. Offshore wind targets for 2030 are comparatively modest at 6 GW and 4% of the energy mix, to be increased by 16% in 2050.
Vietnam’s Future Transition to Offshore Wind Auctions:
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Time to act is now if Vietnam wants to secure these early phase projects. While the first true offshore wind projects in Vietnam will not reach COD until 2026 or later, it is crucial that the Vietnamese government put in place policies now that can support the long-term sustainable development of the sector.
Vietnam - Equinor
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Equinor supports Vietnam's green energy transition. Equinor has contributed to develop a Vietnam Supply Chain Study Report for offshore wind. The report provides an overview of the entire supply chain for Vietnams offshore wind industry and also highlights opportunities that offshore wind brings to Vietnamese suppliers. Read the report (PDF)
Vietnam — Corio Generation
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As one of the world’s leading offshore wind developers, Corio Generation is expertly placed to support the energy transition in Vietnam. Bringing together a sector-leading team of industrial, finance, development and asset management experts, Corio has one of the largest offshore wind development portfolios, standing at more than 30+ GW worldwide.
Vietnam Wind Power 2022 - Global Wind Energy Council
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Vietnam has some of the best wind resources globally. The Power Development Plan 8 (PDP 8), currently in draft form, has targets of 7 GW of offshore wind and 21 GW of onshore wind by 2030.The wind industry is ready and able to deliver on these targets and help Vietnam increase its energy security, improve the balance of trade, and increase the sustainability of the economy and the country’s ...
Vietnam’s Offshore Wind Development Roadmap - PES
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World Bank Group have launched the Offshore Wind Roadmap for Vietnam. The roadmap provides strategic analysis of the offshore wind development potential in Vietnam It was prepared, under contract to the World Bank, by BVG Associates in association with Atkins, Frontier Economics, Sterling Technical Services (Vietnam) and Mr. Du Van Toan.
Vietnam - Offshore Energy
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Murphy Oil has sanctioned an oilfield development project in the Cuu Long Basin offshore Vietnam, So... Categories: Project & Tenders; Posted: 6 months ago Posted: 6 months ago McDermott and PTSC to rake in over $1 billion for Asian gas project ...
Proving ground, proving sea: inside Vietnamese oil and gas - Offshore ...
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Vietnams offshore potential . Redline Communications is a provider of data infrastructure for remote and harsh environments. It has just announced that materials company Thien Phuc will deploy a virtual fibre solution to support operations for a leading oil and gas exploration in Vietnam, delivering advanced communications for nine remote exploration and production fields in the South China ...