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As Vietnam resumes its nuclear power projects to meet escalating energy demands, thorium-based nuclear energy emerges as a promising pathway. This presents an opportunity for the nation to leverage advanced, sustainable technologies, shaping the future of its energy landscape. Thorium – A Promising Nuclear Fuel Resource Thorium (Th-232) is a naturally occurring radioactive element with global reserves estimated to be 3–4 times more abundant than uranium. According to the International…

On January 15, 2025, the signing ceremony for the consulting contract for the package “Feasibility Study Report, Specialized Reports, and Environmental Impact Assessment Report” of the Quang Trach II LNG Power Plant Project was solemnly held at EVN. The ceremony was attended by representatives of the investor, Power Project Management Board 2, the consulting consortium comprising Power Engineering Consulting Joint Stock Company 1 (PECC1) and Power Engineering Consulting Joint Stock…

The revised Electricity Law (Law No. 61/2024/QH15) has been passed and will take effect from February 1, 2025. The Electricity Law has 81 Articles and 9 Chapters including: (I) General provisions; (II) Electricity development planning and investment in electricity projects; (III) Development of renewable energy and new energy; (IV) Electricity operation license; (V) Competitive electricity market and electricity trading activities; (VI) Dispatch and operation of the national electricity system; (VII)…

Thac Mo Hydropower Plant is located on the Be river in Binh Phuoc province, in three districts (Phuoc Long, Bu Dang, Bu Gia Map), Southwest direction approximately 170 km from Ho Chi Minh City, this is the top step of the total energy exploitation diagram of the Be river basin. This construction began at the end of 1991. It is classified as a level II project. By 1995, it was…

According to the PDP8’s Implementation Plan (issued under the Prime Minister’s Decision No. 262/QD-TTg dated 1 April 2024 approving the Plan for the implementation of the National Electricity Development Plan for the period 2021 – 2030, with a vision to 2050). Accordingly, the People’s Committees of provinces and direct-controlled cities are responsible for organizing the selection of investors of power projects in accordance with law. For LNG thermal power projects…

On the morning of August 20, 2024, in Binh Duong, the Handover Ceremony of the project “LEGO’S 110kV Substation and Connection Line” was officially held between the Employer, LEGO Manufacturing Vietnam Co., Ltd. (“LEGO Vietnam”) and the Contractor Joint Venture of Power Engineering Consulting Joint Stock Company 3 and Advanced Information Technologies Corporation (“PECC3-AIT Consortium”) – in which PECC3 is the lead member. The substation belongs to the 6th factory…

Decision 262/QD- TTg dated 1 April 2024 by the Prime Minister approving the Plan to implement the National Power Development Plan for the period 2021 – 2030, with a vision to 2050 under Decision No. 500/QD- TTg dated May 15, 2023 of the Prime Minister. This plan, also known as PDP VIII, sets investment priorities for the power sector, with a focus on expanding the capacity of various energy sources….

On 24th of March 2024, the EPC project “LEGO 110kV substation and connection” has been successfully energized and put into safe operation. The project is implemented by the Consortium of contractors of Power Engineering and Consulting Joint Stock Company 3 (“PECC3”) and Information Technology Application and Development Joint Stock Company (“PECC3-AIT Consortium”) – in which PECC3 is the leading member; the investor is LEGO Manufacturing Vietnam Co., Ltd. (“LEGO Vietnam”)….

ASEAN Wind Energy 2023 (AWE2023) is one of the most prestigious international wind power events as well as the leading clean energy event in the region and it is increasingly known in the renewable energy sector in Southeast Asia. The event is an opportunity for individuals and businesses to connect and establish relationships with wind farm operators, turbine manufacturers, financial investors, consulting and legal firms, and investors. construction and components…

On 13 September 2023, the Ministry of Industry and Trade (MOIT) submitted to the Prime Minister Report No. 158/BC-BCT on the study of the mechanism for direct power purchase agreement between renewable energy plants and large consumers (Report 158), following the Report No. 105/BC-BCT dated 25 July 2023 on the same matter (Report 105). Compared to Report 105, Report 158 includes some new suggestions from the Ministry of Justice and…