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The draft report says there will be big changes in Vietnam’s electricity generation structure: the proportion of coal-fired power sources will be gradually decreasing, while gas-fired and renewable power will be increasing. The proportion of hydraulic power will also decrease as nearly all potential has been exploited. … [Read more...] about Wind, solar power sees new boom

Hanoi (VNA) - The Solar Storage System (ESS) offers a low-cost and low-emissions solution for peak-hour power supply, helping Vietnam pursue low emissions development and ensuring economic growth, according to an expert at a workshop held in Hanoi on January 27. Mark Leslie, Managing Director of the Green Investment Group at Macquarie Capital, said the solution helps integrate solar power into the grid. Energy storage is the capture of energy produced at one time for use at a later time, to reduce imbalances between demand and generation. According to a representative from the Blueleaf Energy company - an organiser of the workshop - the solar energy storage system allows the use of low-cost solar power at noon to charge and then discharge during peak hours to meet peak loads. Solar power sources are intermittent and fluctuate during the day, thus causing several issues for grid operation. The combination between the source and the energy storage system can lead to more stable … [Read more...] about Solar energy storage system offers low-cost solution for Vietnam

Hanoi (VNA) - The National Load Dispatch Center (A0) has asked Vietnam Electricity (EVN) to equip it with better infrastructure for the operation of a future wholesale and retail electricity market with more renewable energy resources. According to a representative of the centre, wind and solar power plants have been put into operation on a large scale but data on their scale and generating capacity is not yet accurate. The representative added that rooftop solar power, with a capacity of up to 9,583 MWp, was affecting the load chart, making it tough to plan the power system operation as well as the market, especially due to the limitations of the transmission grid, particularly the 500kV / 220kV grid in the north. The centre also said the operation processes of the hydroelectric plants with a capacity of more than 30 MW had shortcomings to fit with electricity market regulations. As the future infrastructure will convert the transaction cycle from 60 minutes to 30 minutes, while … [Read more...] about Electricity dispatch centre asks for better infrastructure

Eric Leger, senior vice president, Global Marketing, International Operations at Schneider Electric With the world entering the next normal, the role of technology and digitisation is becoming more pronounced and is becoming a priority for businesses and organisations. How will it help businesses in the region enhance their competitiveness from an energy management perspective? Energy demand, particularly in Asia, has and will continue to increase significantly in the coming years. To sustain this rapid expansion of the economy while adapting to the new normal brought about by COVID-19, digitisation is the solution. Asia will need new energy solutions and strategies. Technology and innovation are required for achieving far greater energy efficiency. … [Read more...] about The “next normal” in business is sustainability

Sixteen teams of innovators, from 9 countries, developed proofs-of-concept (PoC)s of their innovative data-driven solutions towards improving mobility and city planning in Kuala Lumpur Six Finalists were selected by a panel of judges and will receive a US$125,000 grant each to develop a Minimum Viable Product (MVP) as a ready-to-implement solution KUALA LUMPUR, MALAYSIA - Media OutReach - 27 January 2021 - Six solution ideas were announced as finalists for the City Architecture for Tomorrow Challenge (CATCH) program. The Toyota Mobility foundation (TMF) launched CATCH in February 2020 with a global call for dynamic, intelligent and data-driven solutions to address mobility and city planning challenges in Kuala Lumpur. … [Read more...] about Toyota Mobility Foundation Announces Six Finalists for the City Architecture for Tomorrow Challenge