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.
A deep dive into Vietnam’s renewable energy future
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Vietnam currently has no offshore wind capabilities at all, so huge infrastructure projects will be required to bring this vision to life. Looking solely at wind power, the country currently has five nearshore wind power projects under construction, and a further four in operation. When more wind power potential projects are added to this mix ...
Current Status of Offshore Wind Power and Development Direction in Vietnam
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Vietnam Offshore Wind Roadmap Report published by the World Bank in 2021 presents a high scenario of 70 GW by 2050, with a vision of a successful country in the offshore wind industry and believes that Vietnam may rank third in Asia to China and Japan. The investment rate for 1 MW of offshore wind power has decreased sharply from 2012 with 255 ...
New Agreement to Bolster Vietnamese Offshore Wind Development
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While Vietnam does not currently have any active offshore wind power assets, the draft National Power Development Plan 8 sets a target of 7 GW of offshore wind power development by 2030. “Located in the strong and consistent Asian monsoon zone with more than 3,200km of coastline, Vietnam has tremendous potential for offshore wind power ...
Vietnam will struggle to meet 2030 offshore wind goal, top official ...
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Nov 09, 2023, 04:48 PM. HANOI - Vietnam will have a hard time reaching its offshore wind power target for 2030, a top executive at a state-owned energy company said, with foreign investors also ...
Corio Enters Offshore Wind Partnership with Vietnam's State-Owned Power ...
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Vietnams offshore wind target for 2030 has been set to 6 GW, with the government aiming to reach between 70 GW and 91.5 GW by 2050. “In Vietnam, offshore wind is determined as an inevitable path towards supporting the country’s energy transition and sustainable development,” said Vo Minh Thang , Vice President of EVNGENCO3.
Can Vietnam Reach Its Offshore Wind Power Goals? | FULCRUM
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The country has an estimated offshore wind power potential of 475 GW — the largest in Southeast Asia. Despite these remarkable figures and positive developments, however, Vietnam might not be able to reach the 6 GW target for offshore wind power by 2030. First, Vietnams national grid is ill-equipped to accommodate the influx of offshore ...
Vietnam approves 2021-2030 power plan with 6-GW offshore wind goal
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Vietnams Prime Minister Pham Minh Chinh on Tuesday approved the country’s Power Development Plan 8 (PDP8) for the period 2021-2030, with a vision to 2050, which includes a target of 6,000 MW of offshore wind by 2030. The long-delayed plan envisages USD 134.7 billion (EUR 124.4bn) of investment in the development of power sources and grid ...
Vietnam’s ambitious offshore wind targets magnetic to foreign investors
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Offshore wind projects typically take 7-10 years to develop though, so to follow up on the target, it is urgent to clarify the implementation plan for PDP8, Michel said, adding that for Equinor, it will be significant to support the Vietnamese government in establishing a sustainable regulatory framework fit for Vietnam. “Many countries are competing for renewables investments now.
Extended Agreement to Keep Fugro Busy Offshore Vietnam
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Vietnams offshore wind target for 2030 has been set to 6 GW, with the government aiming to reach between 70 GW and 91.5 GW by 2050. ADVERTISE ON OFFSHOREWIND.BIZ. Get in front of your target audience in one move! OffshoreWIND.biz is read by thousands of offshore wind professionals daily.
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DNV, Institute of Energy Vietnam, and PTSC M&C Join Forces to Propel ...
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DNV, Institute of Energy Vietnam, and PTSC M&C have signed a memorandum of understanding to deliver one of Vietnams first offshore wind power assets. With the Government of Vietnam recently approving Power Development Plan 8, offshore wind power development is considered one of the workable options for Vietnams energy transition, DNV said
Vietnam’s Offshore Wind Power Holdup: Unpacked
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The Power Development Plan 8–known in short as the PDP8–that was approved last year, was embedded with a target of six gigawatts of offshore wind power by 2030. The implementation plan for the PDP8 released earlier this year, however, did not list a single offshore wind power project. Indeed, Vietnams six gigawatt goal is looking ...
Vietnam Has Approved the PDP8: What Comes Next? - Energy Tracker Asia
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As per the PDP8, Vietnam will need USD 134.7 billion in power development investments between 2021 and 2030. Between 2031 and 2050, the figure could rise to USD 399.2 and USD 523.1 billion. In terms of the Vietnams energy mix, the PDP8 gives a boost to wind energy and gas. Additionally, the country plans to reduce reliance on coal.
Corio announces MOU with Vietnam’s EVNGenco3
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Corio signed the MOU with Vietnam Electricity (EVN) subsidiary Power Generation Corporation 3 (EVNGenCo3). EVN is Vietnam's largest state-owned power company. Under the MOU, both parties agree to collaborate in preparing long-term strategies for offshore wind project development. This partnership underscores Corio’s commitment to supporting ...
More detail needed on Vietnam offshore wind power plan
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The development plan states that potential of offshore wind power should be maximised to reach around 6GW installed by 2030, 15GW by 2035, and 70-91.5GW by 2050 – accounting for 14.3-16% of the country’s total installed generation capacity. Even prior to PDP8, prospects for offshore wind power were attracting much attention.
Fugro Signs MoU For Meeting Vietnam's Growing Offshore Wind Industry ...
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Jerry Paisley, Fugro’s regional strategic sales and marketing director, said: “Vietnam holds tremendous potential for offshore wind power and, after over a decade of working here with our local partner, PTSC G&S, we’re thrilled to be unlocking Geo-data insights to now help develop Vietnams offshore wind market.”
Fugro partners with PTSC G&S to support Vietnam's growing offshore wind ...
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Fugro extends partnership with PTSC G&S to provide marine site characterisation services in support of Vietnams growing offshore wind industry. Fugro has extended their Memorandum of Understanding (MOU) with PTSC Geos & Subsea Services Co., Ltd (PTSC G&S) to meet Vietnams strong demand for geophysical, geotechnical and metocean data ...
Chinese ‘monster’ ship keeps pressure on Vietnam’s oil fields
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While conducting “intrusive patrols among Vietnams offshore oil & gas fields,” the Chinese ship is being shadowed by Vietnams fisheries surveillance vessel Kiem Ngu 261, said Ray Powell ...
Fugro Extends Partnership with Local Firm for Vietnam’s Offshore Wind ...
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Mar 12, 2024. (Credit: Fugro) Dutch survey company Fugro and Vietnam's PTSC Geos & Subsea Services (PTSC G&S) have extended their memorandum of understanding (MOU) to provide marine site characterization services in support of Vietnams growing offshore wind industry. Under the two-year agreement, Fugro’s full range of marine site ...
Vietnam develops offshore hydrogen production - NetZero.VN
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Vietnam develops offshore hydrogen production. Green hydrogen production using offshore wind turbines is an optimal solution that many countries around the world have applied in their energy transition. Vietnam also considers it one of the breakthrough solutions to achieve net-zero emissions by 2050. Vietnam News Agency 10/03/2024.