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Offshore wind power eyes huge potential in Vietnam's new Power Plan

The huge development of offshore wind power in Vietnam is likely in the future, as per the draft National Power Development (PDP VIII).

The plan for the 2021-2030 period with a vision to 2045 creates a roadmap to cut down coal-fueled power and increase renewable energy sources, wind in particular. This will lead towards the development of offshore wind power, according to experts.

As per the authorities, total power capacity is expected to reach 146,000 MW by 2030, out of which the share of solar power will reach 50.7 percent.

According to a local report, "international organizations and experts said Vietnam has great advantages thanks to its long coastline and high potential for wind power, especially offshore wind power."

The report quoted Mark Hutchinson, Chair of the Southeast Asia Task Force at the Global Wind Energy Council, who stated that the 10GW target from offshore wind power is reachable. "This will help Vietnam become “safer” against risks of global fuel price fluctuations," the report mentioned.

Similarly, Chairman of the Vietnam Energy Association Tran Viet Ngai was of the view that offshore wind power will develop in future with its advantages over onshore and solar power.

Likewise, Chairman of the Vietnam Clean Energy Association Mai Duy Thien was of the view that offshore wind power exceeds quality and stability as compared to onshore wind.

Experts are of the view that "large-scale offshore wind power projects can generate a significant amount of electricity at a higher availability rate than other forms of onshore renewable energy," the report mentioned.


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