Seven Insights for Vietnam's Energy Transition in the Power Sector

Minh Ha-Duong and Trinh Hoang Anh Nguyen ()
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Trinh Hoang Anh Nguyen: CIRED - Centre International de Recherche sur l'Environnement et le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École nationale des ponts et chaussées - Université Paris-Saclay - CNRS - Centre National de la Recherche Scientifique

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Abstract: The presentation outlines a transition for Vietnam's energy sector away from coal towards renewable energy sources. It proposes that Vietnam's power system is capable of rapid change, with significant potential for increased energy efficiency. The document suggests that renewables are now cost-competitive with fossil fuels and that solar and wind power generation are growing at an exponential rate. It emphasizes that hydro, flexible thermal power, and batteries can maintain system reliability without excessive costs, and that power market reforms are crucial for attracting investment in renewable energy. Technological advancements are driving a shift toward a smart, decentralized energy system, which necessitates a flexible approach to energy policy and infrastructure development.

Date: 2019-01-17
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Published in Vietnam Sustainability Forum 2019 - Academic conference, AVSE, Jan 2019, Hanoi, Vietnam

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04486764

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