Vietnam faces challenges to reach LNG power target: experts

Vietnam faces challenges to reach LNG power target: experts

Vietnam's goal of putting 13 liquefied natural gas (LNG) power plants into operation and replacing 18 GW of coal-fired power with 14 GW of LNG-fired power and 12-15 GW of renewable energy by 2030 is an ambitious target that faces many difficulties and obstacles, said experts.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Coal power plant investors asked to develop fuel conversion plans

Coal power plant investors asked to develop fuel conversion plans

The Ministry of Industry and Trade (MoIT) has called on investors in coal-fired power plants to develop plans to switch from coal to biomass fuel and ammonia before their plants reach 20 years old.

Energy - Mon, Dec 22, 2021 | 11:30 am 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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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