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IEA: Achieving a Net Zero Electricity Sector in Viet Nam - Executive summary
https://www.iea.org/reports/achieving-a-net-zero-electricity-sector-in-viet-namAchieving a Net Zero Electricity Sector in Viet Nam
Executive summary
Building on Viet Nam’s Power Development Plan 8 (PDP8), this Achieving a Net Zero Electricity Sector in Viet Nam report aims to provide stakeholders in Viet Nam and internationally with an assessment of different pathways for achieving its emissions reduction targets and reaching net zero emissions in the power sector by 2050. The pathways were developed in the IEA Global Energy and Climate Model framework, benchmarked against the PDP8 and considering the emissions reduction targets set out in the 2022 Just Energy Transition Partnership.
…
Expanding renewable energy is the primary means of decarbonising Viet Nam’s power sector in all scenarios. Our analysis shows that building a secure, reliable and affordable electricity supply with very high shares of variable renewables is feasible. To 2030, PDP8 plans are represented directly in both the PDP8 and PDP8+EE Scenarios, while delayed delivery of some onshore and offshore wind projects, an emerging risk, is represented in the PDP8+EE+LH Scenario and the NZE Scenario. There is also potential for renewables to grow faster than this, in particular rooftop solar PV, which can be rapidly deployed. To 2050, PDP8 envisions record-breaking development of offshore wind to over 220 GW to produce low-emissions electricity and low-emissions hydrogen, some of which is then used in the power sector. Our analysis indicates that there are cost advantages in using less hydrogen or ammonia (derived from hydrogen), cutting the need for offshore wind by about half. Solar PV returns to strong growth after 2030 in all scenarios, reaching 170 GW to 200 GW in 2050, compared with 19 GW in 2022. Onshore wind expansion is similar across scenarios, rising from 4 GW today to a range of 60 GW to 80 GW in 2050.
The transition away from unabated fossil fuels is a necessary part of any decarbonisation pathway. Unabated coal-fired power generation peaks in the mid-2020s in all scenarios, and in our alternative pathways to PDP8, lower electricity growth leads to steeper declines for coal. It also can lead to lower use of unabated natural gas, as in the PDP+EE Scenario, unless additional coal-to-gas switching opportunities are taken up to further reduce coal-fired power, as incorporated in the PDP8+EE+LH and NZE Scenarios. By 2050, unabated fossil fuels are greatly reduced in the PDP8 and PDP8+EE Scenarios, and fully phased out in the PDP8+EE+LH and NZE Scenarios. Hydrogen and ammonia enter the mix after 2035, but our analysis finds that the primary role of these plants will be to ensure security of supply, through flexibility and operating at peak times, rather than to produce large amounts electricity, and volumes can thus be much smaller than envisioned in PDP8. Nuclear power could play a complementary role in decarbonising electricity in Viet Nam, particularly where innovation and cost reductions materialise for new reactors designs, including small modular reactors.
…
Many of our key findings are in agreement with the set of recommendations published in the Viet Nam Energy Outlook Report (2024), including: renewables investment needs to scale up, enabling more affordable electricity for consumers; energy efficiency in all sectors is an important building block of the transition and is cost-effective; solar PV, onshore wind and offshore wind lead the transition but require efforts to integrate them effectively, particularly enhancing power system flexibility and expanding transmission; nuclear power can play a complementary role to renewables.
Executive summary
Building on Viet Nam’s Power Development Plan 8 (PDP8), this Achieving a Net Zero Electricity Sector in Viet Nam report aims to provide stakeholders in Viet Nam and internationally with an assessment of different pathways for achieving its emissions reduction targets and reaching net zero emissions in the power sector by 2050. The pathways were developed in the IEA Global Energy and Climate Model framework, benchmarked against the PDP8 and considering the emissions reduction targets set out in the 2022 Just Energy Transition Partnership.
…
Expanding renewable energy is the primary means of decarbonising Viet Nam’s power sector in all scenarios. Our analysis shows that building a secure, reliable and affordable electricity supply with very high shares of variable renewables is feasible. To 2030, PDP8 plans are represented directly in both the PDP8 and PDP8+EE Scenarios, while delayed delivery of some onshore and offshore wind projects, an emerging risk, is represented in the PDP8+EE+LH Scenario and the NZE Scenario. There is also potential for renewables to grow faster than this, in particular rooftop solar PV, which can be rapidly deployed. To 2050, PDP8 envisions record-breaking development of offshore wind to over 220 GW to produce low-emissions electricity and low-emissions hydrogen, some of which is then used in the power sector. Our analysis indicates that there are cost advantages in using less hydrogen or ammonia (derived from hydrogen), cutting the need for offshore wind by about half. Solar PV returns to strong growth after 2030 in all scenarios, reaching 170 GW to 200 GW in 2050, compared with 19 GW in 2022. Onshore wind expansion is similar across scenarios, rising from 4 GW today to a range of 60 GW to 80 GW in 2050.
The transition away from unabated fossil fuels is a necessary part of any decarbonisation pathway. Unabated coal-fired power generation peaks in the mid-2020s in all scenarios, and in our alternative pathways to PDP8, lower electricity growth leads to steeper declines for coal. It also can lead to lower use of unabated natural gas, as in the PDP+EE Scenario, unless additional coal-to-gas switching opportunities are taken up to further reduce coal-fired power, as incorporated in the PDP8+EE+LH and NZE Scenarios. By 2050, unabated fossil fuels are greatly reduced in the PDP8 and PDP8+EE Scenarios, and fully phased out in the PDP8+EE+LH and NZE Scenarios. Hydrogen and ammonia enter the mix after 2035, but our analysis finds that the primary role of these plants will be to ensure security of supply, through flexibility and operating at peak times, rather than to produce large amounts electricity, and volumes can thus be much smaller than envisioned in PDP8. Nuclear power could play a complementary role in decarbonising electricity in Viet Nam, particularly where innovation and cost reductions materialise for new reactors designs, including small modular reactors.
…
Many of our key findings are in agreement with the set of recommendations published in the Viet Nam Energy Outlook Report (2024), including: renewables investment needs to scale up, enabling more affordable electricity for consumers; energy efficiency in all sectors is an important building block of the transition and is cost-effective; solar PV, onshore wind and offshore wind lead the transition but require efforts to integrate them effectively, particularly enhancing power system flexibility and expanding transmission; nuclear power can play a complementary role to renewables.
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Nothing about this from the IEA? You won't hear about this from the buffoons and liars in any "American" media - the question is why.
Meet the Tra Vinh Green Hydrogen Manufacturing Plant, Tra Vinh Province, Vietnam. Power Input: 600 MW from #Renewable #energy (Wind + Solar + BESS)
PROJECT NAME: Tra Vinh Green Hydrogen / Ammonia Manufacturing Plant
SITE LOCATION: Dong Hai Commune, Duyen Hai District, Tra Vinh Province, Vietnam
SITE AREA: About 27 ha
LAND USE RIGHT: 50 years
INSTALLATION SCALE: 240 MW electrolysers and 20 MW for offsites and utilities
POWER INPUT: 600 MW from Renewable energy (Wind + Solar + BESS)
EPC: Est. Q2 2024
COD: Est. Q4 2026
PRODUCT OUTPUT: Est. 182.5K mtpa green ammonia (575 tons/day)
TGS is embarking on the development of multiple concurrent projects within the Mekong Delta region. Leveraging the ample renewable energy resources found in Tra Vinh, TGS is currently engaged in the execution of the Tra Vinh Green Hydrogen /Ammonia Project, showcasing an impressive capacity of 260MW.
TGS 260mw green hydrogen/ammonia plant is expected to reduce 400,000 - 450,000 tons of co2 emission annually. this is equivalent to the amount absorbed by 2000 ha of natural forest or 8000 ha of boreal forest per year...more
https://thegreensolutions.vn/tra-vinh-green-hydrogen-manufacturing-plant
