Bình Thuận seeks higher prices for wind power
HCM CITY - The
Bình Thuận Wind Power Association has asked the Ministry of Industry and
Trade to raise the selling price of wind power to US$9.5-10 cents per kWh, up
from the current $7.8 cents.
The
Ministry of Industry and Trade has reportedly sent a proposal about the price
to the Government.
Bùi Văn
Thịnh, chairman of the Bình Thuận Wind Power Association, said as many as 19
wind power projects had been registered in the south-central province of Bình
Thuận, but work on them had yet to begin.
Investors
had postponed the projects because regulated prices for this source of energy
were below production costs, he said.
“The
investors are hopeful that the Government will raise the price,” Thịnh
said.
The number
of wind power projects in Việt Nam remains low since only wind turbine
towers, accounting for 20 per cent of production costs, can be produced
locally, while investors have to import the remaining components.
Việt Nam
plans to produce propellers valued at 10 per cent of the investment cost,
turbines worth 7 per cent of the cost, and several other small components.
A South
Korean firm in Bà Rịa-Vũng Tàu Province produces wind turbine towers, while a
US company manufactures turbines in the northern port city of Hải Phòng.
"If
the wind power market achieves strong growth in the future and attracts
foreign investors capable of producing complicated parts, we will be able to
raise the localisation ratio to more than 40 per cent," Thịnh said.
With a
price of only 7.8 cents per kWh, investors find it difficult to recover
capital.
For
example, China has reached a localisation ratio of almost 100 per cent for
their wind power projects, but the selling price of the energy stands at
$8-10 cents per kWh, according to Thịnh.
Việt Nam
needs to switch to renewable energy such as wind and solar power as the
country has cancelled its first two nuclear power projects and has started
implementing commitments on reducing greenhouse gas emissions, experts have
said.
The
country’s total wind power output has reached only 160MW, far below the huge
potential that exists in the country.
The Government has
released its National Electricity Development Plan for the 2011-2020 period
with a strategic priority on renewable energy, with wind power capacity
targeted at 800 MW by 2020 and 6,000 MW by 2030.
Viet Nam
News
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Thứ Sáu, 9 tháng 12, 2016
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