UK proposes developing world’s largest offshore wind power project in Vietnam

06-Oct-2020 Intellasia | The Saigon Times | 6:02 AM Print This Post

UK-based Enterprise Energy Group plans to develop a wind power project with a capacity of 3,400 MW and an investment of $12 billion in Vietnam, which once operational, will become the world’s largest offshore wind power project.

UK minister of State for Trade Policy Greg Hands and President of Enterprise Energy Group Ian Raymond Hatton held a meeting with Vietnamese prime minister Nguyen Xuan Phuc earlier this week to promote the project, which would be developed in the south-central province of Binh Thuan, the government’s news site reported.

According to the UK Embassy in Vietnam, the UK is the world leader in offshore wind with the largest installed capacity globally. Speaking at the meeting, Hands highlighted that Vietnam has wind resources similar to that of the UK and, as such, has great potential to become a leader in sustainable energy transition in Southeast Asia.

If successful, Enterprise Energy’s wind power project near Ke Ga Islet in Binh Thuan, where an average wind speed of 9.5 meters per second has been recorded, would contribute to Vietnam’s ambitious plan to increase the share of renewable energy to 15-20 percent by 2030.

Hatton said Enterprise Energy is working with the Binh Thuan government and Vietnamese partners to prepare for the project. According to him, Vietnam’s impressive economic growth is driving a need for new energy resources and the government is very determined to meet the rising energy demand with substantive growth in the supply of low-carbon, renewable energy.

He expected that the Vietnamese government would create favourable conditions for Enterprise Energy and its partners to successfully carry out the project and also proposed that the prime minister add the project to the country’s eighth electricity plan.

Admitting that this is a very large project requiring advanced technologies, Phuc spoke highly of Enterprise Energy’s careful field survey as well as cost-saving and environmental protection commitments. He asked the UK energy group to continue working closely with Vietnam to push forward the project.

Phuc also instructed the Ministry of Industry and Trade to work with relevant agencies to consider adding the project to the country’s electricity plan and expected that Enterprise Energy would collaborate with Vietnam in other fields such as oil and gas and wind power device production.

https://english.thesaigontimes.vn/78756/uk-proposes-developing-world%e2%80%99s-largest-offshore-wind-power-project-in-vietnam.html

 

Category: Business, Vietnam

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