Page 13 - AsiaElec Week 38 2021

AsiaElec NEWS IN BRIEF AsiaElec

WIND HYDRO COAL
Offshore wind energy Vietnam’s power company Indonesia clings to coal

market to witness seals contract for despite green vision for

impressive growth hydropower project in economy

The global offshore wind energy market Nepal Even as Indonesia wins cautious praise from
accounted for $44.8bn in 2020 and is expected some green groups for ambitious plans to cut
to reach $93.7bn by 2028, growing at a CAGR Vietnam’s Power Engineering Consulting carbon emissions, the world’s biggest exporter
of around 9.1% between 2021 and 2028. Company 1 (PECC1) on September 20 signed of thermal coal shows no sign of weaning
Wind power generation is that the a contract to provide assessment and design itself off the polluting fuel any time soon,
connecting of kinetic energy from the wind services to Tanahu hydropower project in Reuters reported.
and its conversion into electric energy. This Nepal, Vietnam’s VNA reported. Indonesia, the eighth-biggest carbon
is often achieved through the use of wind The contract was inked with a joint venture emitter, recently brought forward its goal
turbines to get electricity. The energy within between Vietnam’s Song Da Corporation and for net zero emissions from 2070 to 2060 or
the wind turns three propeller-like blades Nepal’s Kalika Group. sooner, ahead of the United Nations Climate
around a rotor. The rotor is connected to The Tanahu project aims to meet power Change Conference in Glasgow in November,
the most shaft, which spins the generator demand particularly during dry winter and joined a U.S.-led Global Methane Pledge.
to supply electricity. Onshore wind energy months, minimise fossil fuel-based power read more
has been utilised for several years however, generation, stabilise Nepal’s electricity supply It also plans to stop commissioning new
offshore wind energy may be a relatively system, and reduce transmission losses. coal-fired power plants and phase out coal for
newer phenomenon. Under the freshly signed deal, PECC1 electricity by 2056 under a new, greener long-
The rising electricity demand along with will update and assess hydrometeorological term economic vision.
quickly increasing emission levels related to conditions; and perform technical design and But - as with other coal producers such as
traditional power plants is likely to drive the construction drawing for a series of items, Australia and India - Indonesia is wrestling
industry growth. A large number of offshore including a 140m concrete dam, the highest with how to balance its environmental
wind energy projects are under the planning of its kind in Nepal to date, and a spillway to targets with the cost of pulling the plug on
and construction phase. Advantages of discharge flood. an industry that contributed $38bn in export
offshore wind energy installations include Speaking at the ceremony, PECC1 General earnings in the first seven months of 2021.
an overall reduction in project cost and Director Nguyen Huu Chinh said the event “We are phasing out coal power plants.
unhindered primary fuel (wind) required for marks a milestone in the sides’ cooperation, But if you ask whether we’re closing down
energy generation since wind speeds are high pledging its best human resources serving the mines, we have the coal and there are other
at offshore than onshore. project. utilisation options,” Dadan Kusdiana, the
ZION MARKET RESEARCH energy ministry’s head of renewable energy,

Week 38 22•September•2022 www. NEWSBASE .com P13