Vietnam’s annual power demand to rise by 15 per cent

Vietnam's EVN said that over the next five years, power demand is set to rise by 15 per cent annually, with coal taking over from hydropower as the leading generation fuel.
Trin Ngoc Khanh, EVN’s head of Planning, said the manufacturing sector will face power shortages in 2011.
He added that supply had fallen short of meeting demand by 3 per cent over the past five years, and EVN would need to invest $3bn a year in new power projects and transmission infrastructure between 2011 and 2015.
Khanh expects to see a sharp increase in the use of fossil fuels for power generation.
He anticipates 26 911 MW of new power over the next five years, of which coal will account for 14 370 MW, hydropower 7605 MW, gas 2970 MW, and imported hydropower 635 MW.
Small-scale hydropower plants and renewable sources will add 1331 MW, bringing the country’s total generating capacity to 48 497 MW.
For more Business news click here.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...