Wind energy prices in Việt Nam still higher than in other countries: PM Chính

December 04, 2022 - 16:58
During his work trip to the southern province of Bạc Liêu, Prime Minister Phạm Minh Chính said Bạc Liêu is among the localities with great potential to develop renewable energy.

 

PM Chính visits a wind energy project in Hòa Bình District of the southern province of Bạc Liêu. — VNA/VNS Photo 

BẠC LIÊU — Prime Minister Phạm Minh Chính requested relevant stakeholders to work together to bring down wind energy prices in Việt Nam, which are now higher than in other countries.

During his work trip to the southern province of Bạc Liêu, Prime Minister Phạm Minh Chính said Bạc Liêu is among the localities with great potential to develop renewable energy.

In the past few years, the country has issued mechanisms to encourage the development of wind energy, however, the prices of wind energy in Việt Nam are higher than in the world and than energy generated from other sources. He also noted that many investors are also interested in investing in wind energy in Việt Nam.

The PM stressed that it is important to review wind energy investment in Việt Nam, especially the price factor, to ensure the harmony of interests between investors, the State and people.

He also requested the acceleration of the transfer of technology as well as training of human resources and the development of the renewable energy industry, including the manufacturing of such products as engines, turbines, and wind turbine blades to reduce imports and reduce the prices of electricity. Investors and the locality must also consider the circular economy model, developing wind energy along with hydrogen production, agriculture, and aquaculture farming.

During his trip, the PM also worked with key leaders of the province to discuss the socio-economic development in 2022 and the goals for the next year. He also inspected key infrastructures of Bạc Liêu including the Cần Thơ-Cà Mau highway section that crosses the province.

He said this highway project is an important one that people are anticipating, so it must be done promptly.

He ordered relevant stakeholders to ensure the highway would be as short and convenient as possible as well as to speed up the progress of the project and avoid corruption and wrongdoings.

Cần Thơ-Cà Mau highway is about 110km long, crossing five localities in the Mekong Delta region namely Cần Thơ City, and Hậu Giang, Bạc Liêu, Kiên Giang and Cà Mau provinces. It has a total investment of about VNĐ27.5 trillion (US$1.16 billion). The project affects about 3,800 households in terms of land clearance. — VNS

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