Tokyo Gas, Kyuden Group ink LNG power project pact

Tokyo Gas, Kyuden Group ink LNG power project pact

Japan's Tokyo Gas and Kyuden Group have inked a memorandum of understanding with Truong Thanh Vietnam JSC on jointly developing an LNG-to-power project with a phase-one capacity of 1,500 megawatts in northern Vietnam.

Energy - Thu, September 29, 2022 | 6:30 am GMT+7

HCMC wants national plan to include 1.5 GW LNG power plant

HCMC wants national plan to include 1.5 GW LNG power plant

Ho Chi Minh City has asked the government to add the 1.5 gigawatt second phase of Hiep Phuoc LNG-to-power plant into the country’s power development plan (PDP VIII).

Energy - Mon, August 8, 2022 | 3:13 pm GMT+7

S Korean energy firm promotes blue ammonia use in Vietnam

S Korean energy firm promotes blue ammonia use in Vietnam

GS Energy, the energy unit of South Korean conglomerate GS Group, has offered to support Vietnam’s use of low-carbon blue ammonia instead of coal to fuel power plants.

Energy - Mon, August 8, 2022 | 1:44 pm GMT+7

Government to discuss power development plan

Government to discuss power development plan

The government’s meeting next week is set to discuss the country’s latest power development plan, or PDP VIII, Deputy Prime Minister Le Van Thanh said Thursday.

Energy - Thu, August 4, 2022 | 6:00 pm GMT+7

Quang Tri eyes new 1GW offshore wind farm

Quang Tri eyes new 1GW offshore wind farm

Quang Tri province, which is seeking to become an energy hub in central Vietnam by 2030, has proposed a 1-gigawatt offshore wind power project to be added to the country’s latest power development plan (PDP VIII).

Energy - Thu, August 4, 2022 | 2:00 pm GMT+7

Orsted steps up groundwork for $13.6 bln offshore wind plant

Orsted steps up groundwork for $13.6 bln offshore wind plant

Danish wind power giant Orsted is speeding up preparations to build a 3,900-megawatt offshore wind power plant in the northern port city of Hai Phong.

Energy - Wed, August 3, 2022 | 5:51 pm GMT+7

Vietnam plans 14,000 MW thermal power cut by 2030

Vietnam plans 14,000 MW thermal power cut by 2030

Vietnam should reduce thermal power production by 14,120 MW and boost renewable energy and LNG-fired power to achieve its zero emissions target, the Ministry of Industry and Trade has proposed.

Energy - Thu, July 28, 2022 | 1:57 pm GMT+7

LNG-fueled power projects struggle with power purchase negotiations, finance sourcing

LNG-fueled power projects struggle with power purchase negotiations, finance sourcing

All 16 LNG-to-power projects scheduled to take shape until 2030 are facing difficulties in negotiating power purchase agreements and investment capital arrangements, according to a ministerial report.

Energy - Wed, July 20, 2022 | 4:40 pm GMT+7

LNG-based power generation of 23,900 MW a must: ministry

LNG-based power generation of 23,900 MW a must: ministry

The Ministry of Industry and Trade has reiterated that new LNG-based power projects should generate 23,900 megawatts, or 16.4% of the country’s energy mix, by 2030.

Energy - Tue, July 12, 2022 | 9:22 am GMT+7

Soaring LNG price casts doubt over LNG-to-power plant bankability: PM

Soaring LNG price casts doubt over LNG-to-power plant bankability: PM

Prime Minister Pham Minh Chinh late last week ordered the industry ministry to recalculate the ratio of LNG power in the country’s energy mix under the draft power development plan VIII as the soaring price of imported LNG might make LNG-to-power plants until 2030 infeasible.

Energy - Mon, June 13, 2022 | 12:05 pm GMT+7