Monday, August 15, 2011

Power generators put wind in the sails

Monday, August 15, 2011

Put the wind in the sails generators HCM City – wind energy an important role in the Government is expected to plan increase the share of renewable energy from 2.5% in 2008 to 5 percent in 2020.

Work play on 42 wind energy projects in 12 Central, Central Highlands and southern provinces, with the participation of investors from Germany of gehtKanada, Switzerland and Argentina, but on a very slow pace. "The high investments for wind energy means that electricity prices are double from other sources," economic times Viet Nam Pham Manh Thang, head of energy words quoted.

 "That is why wind energy slowly developed."It is from other sources sold 300 per kilowatt hour compared to VND450 700 now by the manufacturer on VND1.Also, there are the central or local level, wind energy no master plan or incentives either, while awareness of its advantages to develop is low. To promote the production of wind energy, the Government has a decision of taking effect issued next month, the import tax on all materials and equipment, which waived required for them. Wind energy projects also benefit from exemption and reduction of land-use fees. projects, with the national grid will also price subsidies with undertaking the paying VND1, 614/kWh.

The Government buyer 1 cent per kWh by Viet Nam environmental protection Fund.The pays support is gradually reduced and eventually stopped, when fall wind energy prices on the same level as that of hydropower and thermal energy. The decision bodes well for the industry, experts believed, but also warned that the investment required carefully should be drawn up for the production of wind energy, to avoid pressure on electricity prices. -VNS

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