Vietnam is the leading country in the Asia-Pacific region in offshore wind power development, with the technical potential of offshore wind power reaching about 600GW.
The Prime Minister’s Official Dispatch 103 also emphasized: Vietnam aims to become a developed, high-income country by 2045 and aims to reduce greenhouse gas emissions (Net Zero) by 2050. Therefore, it is necessary to promote the public-private partnership mechanism, transforming the economy into a green economy such as: Developing renewable energy by taking advantage of geographical advantages near the equator and tropical monsoon climate.
Recently, reports from international organizations have confirmed that Vietnam is the leading country in the Asia-Pacific region in offshore wind power development , with offshore wind power technical potential reaching about 600GW.
One of Vietnam’s major advantages is its coastline of more than 3,000km, stable wind speeds, and large area. And recently, the international market has ordered components in offshore wind power structures, which are positive and promising signals for Vietnam to become a supply chain hub in the Asia-Pacific region.
Ms. Hilde Solbakken – Norwegian Ambassador to Vietnam said: “Another advantage that Vietnam has is the existing infrastructure and experience from the oil and gas industry and of course the existing infrastructure with onshore and nearshore wind will also help Vietnam progress quickly. I think it is quite promising to see that there are orders coming to Vietnam from the international market”.
The development of offshore wind power, in addition to contributing to the promotion of the green economy, is also an opportunity to create jobs for workers. Accordingly, the offshore wind power industry can create 9,000 new full-time jobs in the 1GW development scenario and this number will be up to 55,000 for the 6GW scenario.
Mr. Nguyen Hoang Long – Deputy Minister of Industry and Trade said: “Developing offshore wind power and developing the offshore wind power industrial chain will not only be about offshore wind power projects but will be about green labor, green added value, and will be the spillover for green industrial parks, attracting investment for other fields”.
Up to now, the plan to implement Power Plan 8 has only allocated offshore wind power development by region: Northern region: 2,500MW; Central Central region: 500MW; South Central region: 2,000MW and Southern region: 1,000MW. Therefore, the early implementation of offshore wind power projects is very necessary to ensure the implementation of the proposed Power Plan goals.
“For Vietnam to be able to develop the industry, perhaps proposing 3GW by 2030 is also reasonable according to international experience. Because if we do not start, we cannot form an offshore wind power industry with the potential of hundreds of billions of dollars,” said Mr. Du Van Toan – Renewable Energy Association, Institute of Sea and Island Research.
To meet the development goals of the offshore wind industry, Vietnam needs to put forward a number of strategies including improving the policy and institutional framework for offshore wind power.
In addition to specific instructions, in Official Dispatch 103, the Prime Minister also requested that localities meet, discuss, listen to comments and recommendations from businesses to promptly develop solutions to develop, support and assist businesses. Especially businesses facing difficulties due to storms and floods, in terms of finance, legality, land procedures and site clearance.