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4 FAQs about Three-phase communication power supply cabinet for Vietnamese oil fields

Will natural gas be a key source of power in Vietnam?

Natural gas will also remain a key source of power generation for Vietnam at seven GW in 2020 increasing to 13.5 GW in 2025 and 28-33 GW in 2030, bringing it from 15% in 2020 to 21-23% in 2030 with a more substantial growth as more LNG terminals enter operation.

Is there a legal framework for offshore wind power in Vietnam?

There is no clear legal framework in Vietnam instructing how to carry out on offshore wind power currently. Vietnam's installed solar capacity of rooftop solar and solar farm has doubled in recent years, rising to an estimated 17,600 MW in 2021, owing mainly to a massive build of more than 11,000 MW in 2020.

How will Vietnam's power consumption impact its energy security?

According to Institute of Energy of Vietnam (IEV), Vietnam is set to face a surge in power demand and consumption over the coming decade, which will have an impact on its energy security. The Government of Vietnam expects power consumption to grow 10-12 % annually through 2030, one of the fastest power consumption growth rates in Asia.

Why does Vietnam maintain a monopoly of electricity transmission grids?

The Vietnamese Government maintains its monopoly of electricity transmission grids to ensure the national energy security. Vietnam's existing energy infrastructure is inadequate with weak grid capacity, which obstructs the integration of new capacity, particularly from renewable energy projects.

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