SEA-TITAN project related news

Vietnam’s offshore wind attracts interest from German, Danish and Irish governments

The Global Wind Energy Council, in collaboration with the embassies of Denmark and Ireland and the German development agency GIZ, is organising the GWEC Vietnam WindPower 2019 event, which will take place in Hanoi on 11 and 12 June. Within this framework, GWEC convenes the first closed-door Offshore Roundtable.


According to GWEC, the aim of this discreet format is to facilitate discussions between Vietnamese authorities, industry players, local and international financial institutions, members of the Global Wind Energy Council (an association of wind energy companies) and other companies interested in this segment of the business. According to the organizers of GWEC Vietnam WindPower 2019, the closed-door Offshore Roundtable, which will take place on the 11th, from 14.00 to 17.00, will address, among other key issues, offshore wind planning and administrative processes, long-term investments, offshore wind costs and the development of local infrastructure. There are currently 228 megawatts of installed wind power in Vietnam, according to GWEC. The country’s government has set a target of 2,000 megawatts by 2025 (and 6,000 megawatts by 2030).

GWEC contextualizes

In September 2018, the Government of Vienam approved Decision number 9/2018/QD-TTg, which officially introduced an offshore wind rate of VND 2.223/kWh (9.8 US cents per kilowatt hour), and which also marked an increase in the onshore wind kilowatt premium. The marine premium has been in force since last November and will be valid until 2021. Since then -they point out from GWEC-, new marine development has arisen in waters with depths between ten and twelve meters. The Global Council estimates about eight hundred megawatts in various phases of proposal and development. According to GWEC, all this is arousing great interest among the different actors in the sector. However, the association recognises that in order for the projects to succeed, it is necessary to work on policy and regulation in order to reduce uncertainties as much as possible, which will benefit the establishment of a robust offshore wind sector in the country.

According to the Global Wind Energy Council, the implementation of a stable offshore wind premium during the early stages of development of the sector has proved key to securing certainty among offshore wind market investors. In any case,” they point out from the association, “long-term investments are needed to build the necessary (1) infrastructure and (2) supply chain for the sector. Given this context, GWEC outlines the objectives of its congress:

– To promote a multisectorial platform that gathers the different actors of the offshore wind sector and that serves to gather information on the different projects, challenges and opportunities that arise in Vietnam.

– To share the knowledge and experiences that the European offshore wind sector has accumulated with the Government of Vietnam and the entities of its administration responsible for planning, authorisation, zoning and policies related to the sector.

– Favouring the relationship between industry and government in order to identify what is needed to develop the already incipient Vietnamese offshore wind sector: long-term stable production support model prior to the call for auctions, planning for ports and other infrastructures, long-term development of a supply chain, and so on.

This event is organised by GWEC, the Danish Embassy in Vietnam, the Irish Embassy in Vietnam and the German development agency GIZ (Gesellschaft für Internationale Zusammenarbeit). Platinum sponsors are the Irish multinational Mainstream Renewable Power and the Danish wind turbine manufacturer Vestas. Other sponsors are DNV-GL, NTC, GE Renewable Energy, HFW, NRG Systems and Kintech Engineering.




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