Vietnam still needs to develop coal power over the next decade
Coal-fired power will remain an important source of electricity in Vietnam for the next decade, industry insiders told a seminar on energy development in ho chi minh city, Saigon times reported.
Vietnam is expected to face severe power shortages between 2016 and 2020 after generating only 76.2 percent of its planned electricity generation, according to a senior development strategy executive at the state power group.
Most of the country's hydroelectric power is also running out, and there is still some natural gas generating capacity, but the Nam Con Son and Cuu Long gas fields, which supply gas, are losing reserves, said an official with Vietnam's ministry of industry and commerce's renewable energy bureau.
To ensure adequate electricity supply, Vietnam has to import electricity from China and Laos every year.Imports are expected to rise to 3, 000mw by 2025 and 5, 000mw by 2030.
In view of this, the director of the Vietnam electric power association pointed out that coal-fired power generation is still very important for Vietnam in the next 10-15 years, but it must do a good job in environmental protection.Vietnam's renewable energy sector should also adjust its power development strategy to meet actual electricity demand, according to a former senior executive of the Vietnam federation of industry and commerce.