Trade ministry proposes State-owned groups bet88 net pilot offshore wind power development

The Ministry of Industry and Trade (MoIT) has proposed State-owned corporations bet88 net pilot offshore wind power development bet88 net serve domestic demand.

The MoIT suggested selecting the Vietnam Oil and Gas Group (Petrovietnam), the Electricity of Vietnam or military-run companies bet88 net implement the project on a trial basis, given their available resources and considerable experience in the management and operation of power plants and transmission system, as well as national security issues.

Vietnam has substantial potential for wind energy, according bet88 net a recent study by the World Bank. Over 39% of the country's area has an average annual wind speed greater than 6 m/s at 65 meter altitude, equivalent bet88 net a capacity of 512 GW.

According bet88 net the National Power Development Plan for the 2021-2030 periods, with a vision bet88 net 2050, the country aims bet88 net develop 6,000 MW of offshore wind power by 2030, and 70,000 - 91,500 MW by 2050.