Will Thailand’s New Power Development Plan Change the Mekong Status Quo?

Stimson

Thailand is moving ahead with a scheduled update to the national Power Development Plan. A slew of contradictory news reports indicate a lively internal debate over the how big of a pivot Thailand will make towards domestic renewable energy and away from power imports from neighboring Laos and Myanmar. The Power Development Plan (PDP), which is revised approximately every three years, should be released in September 2018. The release is timely as prices of alternative technologies like wind and solar power are at record lows and continuing to fall. Given the ongoing need for power sector expansion, Thailand and other countries in the Mekong region are well positioned to take advantage of these low prices if the right policies are set.
Continue reading “Will Thailand’s New Power Development Plan Change the Mekong Status Quo?”

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Renewable energy projects up in 10 months

VNS

Viet Nam NewsHÀ NỘI — An average of nine projects in power generation and distribution were registered every month since June 2017, according to the Việt Nam Renewable Energy Report 2018.

The report was released by the financial and business information corporation, Stoxplus.

The registration of projects followed the Government’s approval of the price of 9.35 US cents per kilo-watt hour Feed-in Tariff (FiT) for solar projects.

According to Stoxplus, foreign and local investors are excited about renewable energy in Việt Nam, which is expected to grow at 23.2 per cent annually during 2020-30.
Continue reading “Renewable energy projects up in 10 months”

Lũ lịch sử: Hà Giang xây dựng ồ ạt thủy điện nhỏ, gây thiệt hại lớn?

VOV.VNTrong những ngày qua, trên địa bàn tỉnh Hà Giang có mưa to đến rất to khiến nhiều nơi bị ngập sâu, nhà cửa, tài sản của người dân trôi theo nước lũ.

Bất ngờ và bàng hoàng là cảm xúc của hơn 400 hộ dân ở TP Hà Giang sau hai ngày phải chạy lũ, bỏ lại nhà cửa. Nhiều tài sản giá trị bị nhấn chìm trong biển nước.

Theo số liệu quan sát của trạm khí tượng thủy văn, lúc 13h ngày 24/6, mực lũ sông Lô tại TP Hà Giang đã đạt 104m, trên mức báo động 3. Nước từ sông tràn thẳng vào khu dân cư nằm hai bên bờ, nhiều đường phố ngập sâu kéo dài hàng trăm mét, gây ách tắc giao thông.
lu lich su mua lu lon tai tp ha giang la do xay thuy dien o at hinh 1
Thủy điện ở Hà Giang xả lũ.

Continue reading “Lũ lịch sử: Hà Giang xây dựng ồ ạt thủy điện nhỏ, gây thiệt hại lớn?”

Đà Nẵng lights up with solar power

Update: June, 24/2018 – 09:00

Home energy: A roof-top solar power system on a building in Đà Nẵng. The system supplies enough power for daily use. — VNS Photo Minh Vũ

Viet Nam News Between 2008 and 2011, the central city of Đà Nẵng has cut 12,000 tonnes of carbon emissions after developing environmentally friendly electric cars and household solar powered water heaters. Connecting household solar panels to the grid is seen as a positive way to make Đà Nẵng a ‘green’ city by 2025. Bùi Hoài Nam reports.

Phạm Ngọc Công covered the 12sq.m roof of his 3-storey home with solar panels to generate power for his family’s daily needs. The renewable energy system has helped Công cut his household’s electric consumption by 30 per cent each month, while cooling the penthouse during the scorching heat of summer. Continue reading “Đà Nẵng lights up with solar power”

Vietnam Electricity (EVN) Achieves its First and Positive Credit Rating from Fitch Ratings

Worldbank

Hanoi, June 7, 2018: Vietnam’s electricity company Vietnam Electricity, or EVN, is one step closer to issuing US dollar bonds and strengthening its financing capacity, following an endorsement by Fitch Ratings of its credit profile.

Now assigned an Issuer Default Rating (IDR) of ‘BB’ with a ‘Stable Outlook’ for long-term foreign currency, EVN’s ratings align with Vietnam’s sovereign rating. EVN’s sustainable financing strategy is supported by technical assistance from the World Bank.

“This positive rating enables EVN to issue international bonds, diversify our financing sources, and reassure domestic and foreign institutional investors. We are now on a stronger footing to deliver more reliable electricity to Vietnam,” said Dinh Quang Tri, Vice President of EVN. 
Continue reading “Vietnam Electricity (EVN) Achieves its First and Positive Credit Rating from Fitch Ratings”

RENEWABLES 2018 GLOBAL STATUS REPORT: A comprehensive annual overview

This document presents the overarching trends and development from 2018 so that policy makers and others can more easily understand the significance of the latest renewable energy development. It outlines what is happening to drive the energy transition and details why it is not happening fast enough or as fast as possible. It draws on the meticulously documented data found in REN21’s Renewables 2018 Global Status Report. See the endnotes and methodological notes in the full report for further details at http://www.ren21.net/gsr-2018/

An Australian Coal Company Tries Desperately to Sell Coal to Vietnam

Adani’s desperate bid to sell Carmichael coal to Vietnam

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adani carmichael

The invitation of an Adani Mining executive as a speaker at a “energy roundtable” in Hanoi organised by an Australian government agency is symptomatic of the desperate challenge the company faces getting its Carmichael coal project off the ground.

Adani Mining’s Senior Marketing Manager, Christine Evans, was listed by the Australian Trade Commission (Austrade) to speak on “future supply opportunities, international coal procurement practice” at the roundtable on May 22. Continue reading “An Australian Coal Company Tries Desperately to Sell Coal to Vietnam”

Các công ty bảo hiểm lớn trên thế giới đồng lòng tuyên bố thoái vốn khỏi nhiệt điện than

   |   Viết bởi : Thanh Huyen

Năm 2018, phong trào thoái vốn (divestment) khỏi than liên tiếp nhận được tin vui. Ngày 04/05/2018, AlizanZ, công ty bảo hiểm có tài sản lớn nhất thế giới tại nước Đức đã tuyên bố thắt chặt chính sách cung cấp bảo hiểm cho các dự án khai thác than và sản xuất điện than. Cùng thời điểm đó, công ty bảo hiểm lớn thứ hai tại Nhật Bản là Dai-ichi cũng vừa tuyên bố thoái vốn khỏi các dự án điện than được đầu tư ngoài nước.

Thoái vốn là gì?

Thoái vốn trái ngược với đầu tư, là khi các nhà đầu tư cá nhân hoặc tổ chức rút vốn đầu tư của mình.Thoái vốn ngành nhiên liệu hóa thạch là khi nguồn tài chính được đầu tư theo hướng phát triển phát thải thấp khí nhà kính và thích ứng với biến đổi khí hậu.

Thoái vốn nguyên liệu hóa thạch sẽ chấm dứt nguồn tài trợ để duy trì và phát triển nguồn nguyên liệu này, hạn chế hoạt động của các công ty nhiên liệu hóa thạch, và góp phần đòi lại công bằng cho những cộng đồng chịu tổn hại nặng nề nhất trong thời điểm khủng hoảng của biến đổi khí hậu và hiệu ứng nhà kính. Continue reading “Các công ty bảo hiểm lớn trên thế giới đồng lòng tuyên bố thoái vốn khỏi nhiệt điện than”

Quá xa vời chuyện thoát nghèo của cư dân vùng ‘hậu thủy điện’ Bản Vẽ

NN – 04/04/2018, 15:10 (GMT+7) Một cán bộ huyện Tương Dương chua xót: “Nhà máy Thủy điện Bản Vẽ phát điện thu về hàng trăm tỷ đồng/năm. Nếu hỗ trợ một ít để vùng lòng hồ xây dựng các công trình giao thông thì dân mới thoát nghèo được. Tiếc thay, điều đó không xảy ra”.

Dân đã nghèo càng nghèo thêm

Từ khi QL 16 nối từ huyện Kỳ Sơn sang huyện Quế Phong, đi qua các xã Nhôn Mai, Mai Sơn được thông tuyến (2014), đời sống kinh tế người dân hai xã này đã có nhiều khởi sắc. Tuy nhiên, đất nông nghiệp bị thu hẹp, tỷ lệ hộ dân được sử dụng điện lưới thấp lại cách xa trung tâm huyện Tương Dương tới gần 150 km, nên đến nay, hai xã này vẫn có tỷ lệ hộ nghèo luôn ở mức trên 70%.

10-54-13_cuoc_song_lm_lu_cu_dong_bo_vung_long_ho_thuy_dien_bn_ve
Cuộc sống lam lũ của đồng bào vùng lòng hồ Thủy điện Bản Vẽ

Continue reading “Quá xa vời chuyện thoát nghèo của cư dân vùng ‘hậu thủy điện’ Bản Vẽ”

Europe’s biggest insurance group Allianz stops insuring coal companies

DW

Europe’s biggest insurance group, Germany-based Allianz, stops selling policies to coal companies effective immediately under efforts to reduce the use of fossil fuel and foster climate-saving energy policies.

    
Allianz Versicherungskonzern Zentrale bei München (picture-alliance/dpa)

Munich, Germany-based Allianz Group announced on Friday that it would refuse insurance coverage of coal-fired power plants and coal mines with immediate effect, and would aim to get rid of all coal risks in its business by 2040.

Read more: How can the world move beyond fossil fuels?

In addition, Europe’s biggest insurer said it would stop investing in companies that do not cut their greenhouse gas emissions.

“We want to promote the transition to a climate-friendly economy,” said chief executive Oliver Bäte, adding that the company wanted to get “even more serious on global warming.” Continue reading “Europe’s biggest insurance group Allianz stops insuring coal companies”

Vietnam’s Champion for Renewable Energy: Q&A with Goldman Prize Winner Khanh Nguy Thi

WRI

Khanh Nguy Thi grew up near a coal plant in Bac Am, a village in northern Vietnam. While Nguy Thi’s lifelong dream was to become a diplomat, the memory of pollution in her hometown pulled her toward work in water conservation and community development.

In 2011, Khanh founded the Green Innovation and Development Centre (GreenID) to promote sustainable energy development in Vietnam. She also started the Vietnam Sustainable Energy Alliance, a network of 11 Vietnamese and international environmental organizations that collaborate on regional energy issues. Continue reading “Vietnam’s Champion for Renewable Energy: Q&A with Goldman Prize Winner Khanh Nguy Thi”

Renewable power could make hydrogen cheaper than gas, study finds

A pioneering power plant in northeast Germany that converts renewable energy into hydrogen could be a common sight in the near future.

Hydrogen prices are set to fall dramatically if enough surplus solar and wind energy can be utilised in the gas’s production, according to a new study which says hydrogen could even become cheaper than natural gas.

A major dilemma for European electricity providers and grid operators is how best to integrate intermittent renewables into the current system. Clean power often goes to waste because of inflexibility and insufficient storage options.

Electricity interconnectors are expensive projects that often have a political dimension to them and battery technologies are still not at a point where they can be rolled out on a large scale. Continue reading “Renewable power could make hydrogen cheaper than gas, study finds”

Good Morning Vietnam, Energy-wise

energyathass

Vietnam, a leading indicator for the rest of the developing world, has seen tremendous growth in per capita energy consumption.

During a recent family vacation in Vietnam, I learned that the country is a microcosm for several major trends in energy consumption in the developing world: (1) there’s a thriving middle class, (2) hot and humid weather is driving air conditioning demand and (3) rural electrification rates are very high. (We also loved the food, culture and beaches, and we were gripped by the poignant remnants of the American War, as it’s known locally. I highly recommend it as a vacation destination if that’s your thing.)

Let’s start with some basic facts: Vietnam has seen extraordinary growth in per capita energy consumption over the past several decades. Since 1990, the earliest year for which data are available for most countries, total per capita energy consumption in Vietnam has more than doubled. (All the country-level data in this post come from the World Bank Development Indicators.) This puts Vietnam in the top 3% of countries in the world in terms of growth in per capita energy consumption. Of the countries with more than 5 million people, only China and Thailand have had more rapid growth. Continue reading “Good Morning Vietnam, Energy-wise”

1,200 megawatt Vietnam coal plant gets funding, but Standard Chartered pulls out over climate policy conflict

The London-headquartered bank withdrew from the US$1.87 billion coal-fired power plant’s financing consortium, but eight other banks, including Singapore’s OCBC and DBS and Malaysia’s Maybank, closed the deal.

eco-business_What will be one of Vietnam’s largest coal-fired power stations has secured enough funding to get built, but a key member of the financing syndicate has pulled out following a campaign that highlighted a major conflict with the bank’s climate policy.

Financing closed on the US$1.87 billion, 1,200 megawatt Nghi Son 2 coal-fired power plant last week. But London-headquartered Standard Chartered Bank—which was initially part of a consortium of nine banks that includes Singapore’s Oversea-Chinese Banking Corporation (OCBC) and DBS, Malaysia’s Maybank and Japan Bank for International Cooperation—was absent from the final list of financiers.

A campaign by green groups Greenpeace and Market Forces pointed out that by financing the coal plant, StanChart was in breach of its own policy on energy and climate change. That policy rules out providing loans for coal plants above a certain emissions intensity.

The coal financing deal also goes against the Equator Principles, a framework for banks to assess the environmental and social risk of the infrastructure projects they finance, that StanChart signed in 2003.

Vietnam is well-placed for clean energy investment, but Singapore’s major banks continue to miss opportunities to fund a clean energy development pathway, instead locking in polluting coal for decades to come.

Julien Vincent, executive director, Market Forces

Continue reading “1,200 megawatt Vietnam coal plant gets funding, but Standard Chartered pulls out over climate policy conflict”