Last March, Vietnam
upped its planned share of renewable energy for 2030 to 10 percent, from the
initial 4.5 percent. However, in the next 15 years, Vietnam also plans to
increase its reliance on coal fired power, the most carbon intensive
electricity source.
*Vietnam relies mostly
on hydropower to produce electricity. Therefore, renewable energy in this
article refers only to solar power, wind power and
biomass energy.
As part of the Power
Development Master Plan VII released in July 2011, the country will give
priority to developing renewable energy sources. The rate of renewable power is
planned to account for 4.5 percent by 2020 and six percent in 2030. However,
the revised Power Development Master Plan VII released in March 2016 has
adjusted those rates up.
Wind power, solar energy
and biomass power contribute insignificantly to total electricity produced.
On the other hand, by
2030, the government plans to rely on coal-based plants to produce electricity,
making coal fired power the dominant power source. The rate of renewable energy will
only account for 10.7 percent of the country's power supplies.
Details in the Power
Development Master Plan VII show that as of 2030, there will be 83 coal-based
plants, but only 10 renewable plants. According to the Guardian, World Bank
President Jim Yong Kim has warned that plans to build more coal-fired power
plants in Asia would be a “disaster for the planet”. “If Vietnam goes forward
with 40GW of coal, if the entire region implements the coal-based plans right
now, I think we are finished,” he added.
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