Oil and Gas Majors Need to Invest $20 Billion Yearly to Dominate in Renewables


That hypothetical amount would equate to “a massive boost for the market.”

Spending $20 billion per year on renewables would support 7 gigawatts of offshore wind annually.

Spending $20 billion per year on renewables would support 7 gigawatts of offshore wind annually Photo Credit: Shutterstock.com

China plans super-grid for clean power in Asia

Financial times

As hydropower hits problems, China plans renewable energy for region

The Belt and Road Initiative (BRI), China’s ambitious outbound investment strategy which links at least 65 countries along terrestrial and maritime trade corridors, will open massive new opportunities for trade and investment in frontier markets. Energy infrastructure investments are a backbone of BRI, so aligning these investments with sustainable development goals is necessary for China to navigate regional patchworks of social, environmental and economic priorities. Tiếp tục đọc “China plans super-grid for clean power in Asia”

Milestones in the development the power system in Vietnam


  • Construction of the first 35 kV power line in the North

In January 1958, the first 35 kV power line (Hanoi – Pho Noi) was built and in the third quarter of the same year was inaugurated and successfully energized. This was a remarkable milestone in the development of the Vietnam power network.

  • Construction of the first large scale thermal power plant in the North

  Tiếp tục đọc “Milestones in the development the power system in Vietnam”

Vietnam increasingly reliant on imported energy

Due to limited domestic supply, Vietnam has become increasingly dependent on energy imports, putting national energy security at risk, Nguyen Van Thanh, deputy head of the Electricity and Renewable Energy Department under the Ministry of Industry and Trade, told the Vietnam Technology and Energy Forum 2018 on July 31.

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An active hydropower dam 

According to a report by the Electricity and Renewable Energy Department, after executing the national energy development strategy by 2020 with a vision to 2050 for 10 years, the local energy sector has achieved positive results. However, some targets have yet to be fulfilled.

Dung Quat and Nghi Son oil refineries are likely to reach a combined processing capacity of 16.5 million tons of crude oil by 2020, well below the estimate of 25-30 million tons. Tiếp tục đọc “Vietnam increasingly reliant on imported energy”

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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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. Tiếp tục đọc “An Australian Coal Company Tries Desperately to Sell Coal to Vietnam”

Europe’s biggest insurance group Allianz stops insuring coal companies


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.” Tiếp tục đọc “Europe’s biggest insurance group Allianz stops insuring coal companies”

Hydrogen: Fuel for Our Future?


Hydrogen-powered cars like this one may be commonplace in the future.

Hydrogen Powered CarOn July 18, BP and GE announced plans to jointly develop up to 15 new hydrogen power plants for generating electricity over the coming decade. The hydrogen will be derived from fossil fuels, including coal and natural gas. While the plants will emit greenhouse gases, the companies will employ carbon capture technologies they claim will reduce carbon dioxide (CO2) emissions by 90 percent. Although the operations will not be pollution-free, some environmentalists welcome the companies’ investment in hydrogen technology as a key development in bringing about a hydrogen economy. Tiếp tục đọc “Hydrogen: Fuel for Our Future?”

Lazard’s Levelized Cost of Energy Analysis

Lazard’s latest annual Levelized Cost of Energy Analysis (LCOE 11.0) shows a continued decline in the cost of generating electricity from alternative energy technologies, especially utility-scale solar and wind.

Additional highlights:              

    • As LCOE values for alternative energy technologies continue to decline, in some scenarios the full-lifecycle costs of building and operating renewables-based projects have dropped below the operating costs alone of conventional generation technologies such as coal or nuclear. This is expected to lead to ongoing and significant deployment of alternative energy capacity.
    • Global costs of generating electricity from alternative energy technologies continue to decline. For example, the levelized cost of energy for both utility-scale solar photovoltaic (PV) and onshore wind technologies are down approximately 6% from last year.

Tiếp tục đọc “Lazard’s Levelized Cost of Energy Analysis”

Chính thức dừng dự án nhà máy điện hạt nhân Ninh Thuận

(NLĐO)- Nguyên nhân dừng dự án điện hạt nhân tại Ninh Thuận là do tình hình kinh tế – xã hội của nước ta đã thay đổi so với thời điểm quyết định chủ trương dự án năm 2009.

 Bộ trưởng Mai Tiến Dũng chủ trì cuộc họp báo chuyên đề về điện hạt nhân Ninh Thuận

Bộ trưởng Mai Tiến Dũng chủ trì cuộc họp báo chuyên đề về điện hạt nhân Ninh Thuận

Bộ trưởng, Chủ nhiệm Văn phòng Chính phủ Mai Tiến Dũng tại buổi họp báo chuyên đề về điện hạt nhân chiều ngày 22-11 cho hay Quốc hội vừa biểu quyết thông qua Nghị quyết về việc dừng dự án điện hạt nhân tại Ninh Thuận. Tiếp tục đọc “Chính thức dừng dự án nhà máy điện hạt nhân Ninh Thuận”

Vietnam scraps nuclear power plans as costs double

reneweconomy_Vietnam has become the latest country to dump its nuclear power plans – and to rule nuclear out of its energy mix for the foreseeable future – after the the country’s National Assembly voted on Thursday to abandon plans to build two new plants in partnership with Russia and Japan.

The Vietnamese government said in a statement that the decision, made in a closed session of parliament, was taken for economic reasons, after the price for the proposed plants – approved in 2009 – had doubled to nearly 400 trillion dong, or $US18 billion.

Tiếp tục đọc “Vietnam scraps nuclear power plans as costs double”

How to Transform the Global Energy Economy

Q&A with Jennifer Layke: How to Transform the Global Energy Economy

WRI_Today’s energy economy faces competing challenges: We don’t just need more energy, we need energy that is clean enough to protect our climate, and cheap enough to power growing economies that are trying to lift millions out of poverty. Tiếp tục đọc “How to Transform the Global Energy Economy”

Energy Relations between Russia and China: Playing Chess with the Dragon

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Oxfordenergy – Russia’s relationship with China has a long and complex history, catalysed by the lengthy border between the two countries, the complementarity of their economies and the ambitions of both to be seen as key global geo-political actors. Following periods of tension and friendship in the Soviet era, when the two communist states often struggled to find a mutual understanding, the post-Soviet era has seen a more complicated relationship develop based as much on economic reality as political ideology. In particular the export and import of energy has been at the heart of these developments. Russia’s huge resources combined with its Tiếp tục đọc “Energy Relations between Russia and China: Playing Chess with the Dragon”

Vietnam approves $60 mln wind power project

By Dam Tuan   July 28, 2016 | 02:35 pm GMT+7

A Singaporean company plans to tap the potential for wind power in southern Vietnam.

e.vnexpress – Southeast Asia’s leading renewable energy developer, The Blue Circle, has been awarded an Investment Certificate from Vietnamese authorities for a 40 Megawatt (MW) Dam Nai wind project worth $60 million in the southern province of Ninh Thuan.

Tiếp tục đọc “Vietnam approves $60 mln wind power project”