Solar and on-shore wind provide cheapest electricity and nuclear most expensive, CSIRO analysis shows

Estimates show small modular nuclear reactors would provide most expensive power and will not be available until 2030

Graham Readfearn @readfearnWed 20 Dec 2023 19.55 GMT TheGuardian

Electricity generated by solar and on-shore wind is the cheapest in Australia, even after the significant expense of integrating them into the power grid is factored in, according to new analysis from the CSIRO.

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Vietnam will struggle to meet 2030 offshore wind goal, top official says

Reuters.com

HANOI, Nov 9 (Reuters) – Vietnam will have a hard time reaching its offshore wind power target for 2030, a top executive at a state-owned energy company said, with foreign investors also warning of multiple regulatory hurdles that would need to be cleared.

The Southeast Asian country has good offshore wind power potential given strong winds and shallow waters near densely populated areas, according to the World Bank, which estimates the sector could add at least $50 billion to Vietnam’s economy.

Offshore wind is also a priority for Group of Seven (G7) members that have promised funds to boost the country’s renewable energy sources and reduce its reliance on coal.

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Cần có cơ chế giữ chân nhà đầu tư quốc tế (cho điện gió)

Note: “Tập đoàn Orsted, Tập đoàn năng lượng lớn nhất Đan Mạch và nhà phát triển điện gió ngoài khơi lớn nhất thế giới, mới đây đã tuyên bố giảm mục tiêu tham vọng và rút khỏi thị trường Việt Nam.

petrovietnam.petrotimes.vn

Năng lượng gió thì vô hạn nhưng nguồn lực đầu tư, vốn thì hữu hạn. Nếu không có những chính sách, cơ chế cụ thể thì nguồn lực đầu tư này sẽ chuyển từ Việt Nam sang những khu vực khác trên thế giới.

Các tổ chức quốc tế đánh giá Việt Nam có tiềm năng về điện gió lớn nhất Đông Nam Á, vượt xa các quốc gia khác. Hội đồng năng lượng gió toàn cầu (GWEC) đã ước tính, Việt Nam có khoảng 600 GWh điện gió chưa khai thác, gồm 300 GWh điện gió ngoài khơi và 300 GWh điện gió trên bờ.

Tiếp tục đọc “Cần có cơ chế giữ chân nhà đầu tư quốc tế (cho điện gió)”

Low Costs of Solar Power & Wind Power Crush Coal, Crush Nuclear, & Beat Natural Gas

Cleantechnica

December 25th, 2016 by

 We already published a great article from Nexus Media regarding Lazard’s new report showing the extremely low (and falling) costs of solar power and wind power. However, I’ve been wanting to highlight these awesome new findings since Larmion shared the updated report with us earlier this month, and I want to break out the amazing news in 5 specific ways.

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Vietnam’s wind power target blown off course by low profitability

February 19, 2017 | 12:00 am GMT+7 e.Vnepress

Vietnam's wind power target blown off course by low profitability

Vietnam is lagging behind its targets to install 800MW of wind power by 2020. Photo by Reuters

Cheap electricity prices have literally taken the wind out of the sails of potential investors.

High installation costs and relatively low power prices are making investors think twice about diving into Vietnam’s wind energy market.

The country has set a target of producing around 6,000 MW of wind power by 2030, equivalent to 2.1 percent of total electricity generation.

Deputy Trade Minister Hoang Quoc Vuong said Vietnam currently has four wind farms with a combined capacity of just 160 MW, implying that there is much more room for wind power in the country’s energy mix, the Saigon Times reported.

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It Can Power a Small Nation. But This Wind Farm in China Is Mostly Idle

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.

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Vietnam Starts 120-Megawatt Wind Farm in Central Highlands

March 13, 2015 — 6:44 AM WET

bloomberg_Vietnam began constructing a 120-megawatt wind farm with a total investment of 6 trillion dong ($281 million) in the Central Highlands province of Dak Lak.
HBRE Wind Power Solution Co. will build the project in three phases through 2020, Chairman Ho Ta Tin said on Friday. The Ho Chi Minh City-based company is expected to be able to produce 400 million kilowatt-hour a year, equal to the demand of 200,000 households.
General Electric Co. will provide the project’s 60 turbines, Tin said on March 13. The first phase, which uses 14 two-megawatt turbines, would start generating electricity next year. Tiếp tục đọc “Vietnam Starts 120-Megawatt Wind Farm in Central Highlands”

Waiting for a Rockefeller: Meet the Next `Supermajors’ of Energy

April 4, 2016 — 12:01 AM BST Updated on April 4, 2016 — 6:20 AM BST
  • Dominant global players have yet to emerge in wind and solar
  • Handful of clean-energy companies build `supermajor’ skills

More than a decade after the birth of the modern renewable energy industry, solar and wind await their John D. Rockefeller.

Bloomberg – Clean power remains a tumultuous and fragmented business, crowded with companies grabbing for slices of an emerging market that aspires to reshape how the world meets its energy needs. They rise and fall as technology advances and demand seesaws. Some have grown into sprawling regional players, often propped up by government subsidies. A few, like Suntech Power Holdings Co. and Q-Cells SE, soared to prominence, then all but flickered out.

Yet there are still no companies that dominate the industry. Tiếp tục đọc “Waiting for a Rockefeller: Meet the Next `Supermajors’ of Energy”