Development for Domestic Wind-turbine Industry: Which way for Vietnam?

Phát triển công nghiệp tua-bin gió nội địa: Con đường nào cho Việt Nam?

Son Nguyen and Minh Ha-Duong

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Abstract: The target of 800 MW of wind power by 2020 is almost impossible to complete. Although there are many registered projects, there are only 4 projects with the total capacity of 160 MW coming into operation. Investors claimed that the current price of wind power is too low to have profit. However, it should be noted that raising the price of wind power is not easy since it adds pressure on the price of electricity which is already claimed too high for residential usage. In that context, localizing the production of wind turbines can provide solutions since it can improve financial efficiency without putting pressure on the price of wind power. However, what is the right path for Vietnam to develop its own wind turbine industry?

Keywords: Wind turbine industry; Production fragmentation networks (search for similar items in EconPapers)
Date: 2018-06-18
New Economics Papers: this item is included in nep-ene and nep-sea
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Published in Bản tin Chính sách [PanNature Policy Bulletins] 26, 2018, pp.38-42

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