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Vietnam's Ministry of Industry and Commerce proposed to increase wind power prices

Vietnam Ministry of Industry and Trade recently submitted a motion to the Government, proposed to increase the price of wind power to encourage domestic wind power generation production. According to the proposal, the Ministry of Industry and Commerce proposed to land wind power prices raised to 8.77 cents / kW, offshore wind power prices raised to 9.97 cents / kW.
At present, Vietnam wind power generation costs of 7.28 cents / kW, by 2020 the cost of electricity is expected to 9.94 cents / kW. Ministry of Industry and Commerce said that according to the global power technology trends and price of the relevant data, while taking into account the 23 wind power project power generation costs, efficiency and operation of the two operating power plant, integrated to make this price increase program. At present, the two wind power plant electricity purchase prices were 7.8 US dollars / kW and 9.8 cents / kW.


Ministry of Industry and Commerce plans to invest $ 1,600 / kWh on land-based wind power, generating power of 29%, is expected to average annual cash operating, maintenance and administrative costs of 20,000 US dollars / MW; offshore wind power invested 2,100 US dollars / kW, power To 32%, is expected to average annual cash operating, maintenance and administrative costs of 25,000 US dollars / MW.
Vietnam's national energy development plan in the establishment of the Vietnamese wind power development goals, plans by 2020 the national wind power plant generating capacity of 800 megawatts of wind power, to 2030 to 6000 MW wind power. Ministry of Industry and Commerce hope that by 2020, wind power accounts for the proportion of the national energy structure can increase 0.7% to 2030 annual growth rate of 2.4%, of which 80% wind power from land power generation, 20% from the sea power generation.


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