The Ministry of Industry and Trade in Vietnam is considering allowing companies that use a lot of power to buy electricity directly from power plants. Speaking at a press meeting in Hanoi on April 5, Nguyen Anh Tuan, director of the Electricity Regulatory Authority of Vietnam, said they have been working with international consultancy firms to study the mechanism.
Solar power, specifically PV, has grown rapidly since the turn of the century. Continued growth is being driven by the competitiveness of solar energy: even without subsidy, solar in many markets is already the cheapest way to generate a kWh of electricity. We'll increasingly live in a "solar +" world. Solar will be the preferred way to produce a kWh of energy, because nothing will be able to compete on cost.
The Association of Southeast Asian Nations (ASEAN), the Asian Development Bank (ADB) and major financiers on Thursday launched a facility to spur more than $1 billion in green infrastructure investments across Southeast Asia. The facility offers loans and technical assistance for sovereign projects in areas such as sustainable transport and clean energy.
As a city on the front line of climate change, Bangkok should take advantage of policy windows opened by short-term crises to spur long-term investments into sustainable electricity and resilient transportation systems. Combining PV with electric vehicles and public transportation is one path toward innovative and environmental solutions to the air pollution crisis rattling Bangkok.
The Intertubes are ablaze with news that the Earth holds 530,000 potential sites for pumped hydro energy storage in its hot little hands. If that sounds too good to be true, well, maybe. The devil is in the details. On the other hand, the number-crunching does indicate that a massive amount of energy storage capacity is already close at hand, even without fancy new breakthroughs in battery technology.
How do you increase your solar energy output when you need all your land for agriculture and for housing? Answer: take to the water. That’s just what they are doing in Japan. The world’s first floating solar plant was built in Japan and the country’s inland lakes and reservoirs are now home to 73 of the world's 100 largest floating solar plants.
In Vietnam, the development of solar power including solar power systems on the roof of houses is considered to have a lot of potential. If solar energy is promoted, it would be a clean energy resource with rather high output, while helping to minimise the budget invested in electricity generation and transmission facilities.
Technological innovations and favourable government policies are among the four trends expected to drive Southeast Asia’s transition to renewable energy in the coming years. A report noted that while there are still 70 million ASEAN citizens without access to reliable electricity, the potential for renewable energy is huge and governments are increasingly turning to solar and wind energy to address the issue.