Options for wind power in Vietnam by 2030
Minh Ha-Duong
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Abstract:
Vietnam is experiencing a significant boom in renewable energy, particularly in wind power, which is set to expand with declining costs and abundant resources. By 2030, the country aims to install 12-15 GW of onshore and 10-12 GW of offshore wind capacity. Addressing the variability of wind energy will require a range of flexibility options including grid upgrades, operational practice adaptations, and energy storage innovations. Offshore wind presents a vast potential but necessitates early infrastructure planning to meet the ambitious target of 2 GW per year post-2025. The document underscores the urgency of revising Vietnam's Power Development Plan to accommodate an increased wind energy target and to ensure infrastructure readiness for the projected growth.
Date: 2019-10-14
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Published in CIRED Research Seminar, CIRED, Oct 2019, Nogent sur Marne, France
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Working Paper: Options for wind power in Vietnam by 2030 (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04486754
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