Vietnam’s Offshore Wind Power Holdup: Unpacked

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In fact, Vietnams offshore wind power potential is among the best in the world. However, realising this opportunity is taking quite a while. 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 ...
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.
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 development,” said Tran Ky Phuc , General Director at ...
Current Status of Offshore Wind Power and Development Direction in Vietnam
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Resolution No. 55-NQ/TW on the direction for Vietnam's National Energy Development Strategy until 2030, with a vision to 2045. GWEC, 2022, Global Offshore Wind Report 2022. World Bank, 2021. Development Roadmap of Vietnam Wind power by 2050. Australia, Offshore Electricity Infrastructure Regulations 2022.
Can Vietnam Reach Its Offshore Wind Power Goals? | FULCRUM
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Offshore wind power is expected to play an important role in Vietnams bid for net-zero emissions by 2050. Vietnams Power Development Plan 8 (PDP8) envisages a domestic offshore wind capacity of approximately 6 gigawatt (GW), 4 per cent of the country’s total electricity generation capacity, by 2030. This capacity is expected to increase to 70-91.5 GW by 2050, accounting for 14 to 16 ...
Six miles and beyond: Vietnam draft law sets offshore boundary
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The figure for offshore wind power remains zero, it notes. Under Vietnam's Power Development Plan VIII approved in May 2023, the country planned to increase offshore wind power capacity to 6 GW by 2030, envisaging this to increase to 70-91.5 GW by 2050, accounting for 4% and 14.3-16% of the total energy mix, respectively.
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? | Opinion | Eco ...
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Offshore wind power is expected to play an important role in Vietnams bid for net-zero emissions by 2050. Vietnams Power Development Plan 8 (PDP8) envisages a domestic offshore wind capacity of approximately 6 gigawatt (GW), 4 per cent of the country’s total electricity generation capacity, by 2030. This capacity is expected to increase to 70-91.5 GW by 2050, accounting for 14 to 16 ...
Trade ministry to propose pilot mechanism for offshore wind projects
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Vietnam's offshore wind power capacity is expected to reach around 6,000 MW by 2030. Photo: Hoang Anh/The Hanoi Times This directive was emphasized by Deputy Prime Minister Tran Hong Ha during the conclusion of the meeting of the Steering Committee for key energy sector projects on March 13.
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Offshore wind in Vietnam has good opportunities, but also still some ...
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Vietnam offers great resources and opportunities for offshore wind with a large technical potential of 754 GW with multiple large areas suited for fixed-bottom technologies. 145 GW of the technical potential has wind speeds above 9 m/s and 32 GW of this is based on wind speeds above 10 m/s.
Copenhagen Infrastructure Partners and PetroVietnam Partner in Vietnam ...
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Denmark’s Copenhagen Infrastructure Partners (CIP) through its Growth Market Funds, has signed a Memorandum of Understanding (MoU) with Vietnams oil, gas, and renewable energy group, PetroVietnam to launch a collaboration on renewable energy and offshore wind. Under the MoU, the two companies will exchange knowledge and best practices on ...
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.
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 ...
Corio announces MOU with Vietnam’s EVNGENCO3 | 4C Offshore News
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Corio signed the MOU with Power Generation Joint Stock Corporation 3 (EVNGENCO3), a subsidiary of Vietnam Electricity (EVN), the 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 ...
CIP and PetroVietnam partner on offshore wind - Tamarindo
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March 11, 2024. Copenhagen Infrastructure Partners has teamed up with Vietnamese utility PetroVietnam to develop offshore wind projects in the southeast Asian country. The companies have signed a memorandum of understanding to collaborate on offshore wind and other renewable energy schemes. Robert Helms, partner at CIP, said the company looks ...
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. View post tag: Fugro Share this article. Related news. Fugro’s self-elevating platform moves to Japan to pursue geotechnical work
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 ...
Fugro Signs MoU For Meeting Vietnam's Growing Offshore Wind Industry ...
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This extended MoU represents a milestone in Fugro and PTSC G&Ss partnership, which was set up in 2011, and reflects both parties’ commitment to support the country’s developing offshore wind industry and ambitious offshore wind targets, as published in the 8th Power Development Plan (PDP8) in 2023.
Vietnam develops offshore hydrogen production
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In Vietnam, the Ministry of Industry and Trade is drafting a hydrogen production strategy and deploying gas power and offshore wind power projects according to the Politburo's Resolution No. 55-NQ/TW on the strategic orientation of Vietnam's national energy development until 2030 with a vision to 2045, dated February 11, 2020, and Decision No. 893/QD-TTg approving the National Energy Master ...