Vietnam to implement coal-to-clean energy transition plan

Time:2025-02-24 17:27:41      Source:Xinhuanet.com
Vietnam will implement the coal-to-clean energy transition plan that requires all coal-fired plants to either switch to clean fuels or integrate carbon capture technology by 2050, according to a decision newly issued by Prime Minister Pham Minh Chinh.
 
By 2030, Vietnam will pilot carbon capture systems at selected aging coal power plants and consider decommissioning around 540 MW of coal-fired capacity at Pha Lai and Ninh Binh if efficiency and emission reduction targets cannot be met, Vietnam News reported Tuesday.
 
The Ninh Thuan nuclear power project is expected to be completed within five years.
 
By 2045, the Southeast Asian country will develop at least 1,160 MW of clean energy to replace coal power and gradually transition more than 25,000 MW of coal capacity to biomass and ammonia.
Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-13
Shuozhou 5200 435 0 FOR 06-13
Ordos 5500 415 0 ex-mine 06-13
Yulin 6200 535 0 ex-mine 06-13
Liulin Low-sulphur 570 0 ex-mine 06-13
Gujiao Low-sulphur 1095 0 FOR 06-13
Xingtai Low-sulphur 1210 0 ex-Factory 06-13
Yangquan PCI 770 0 FOR 06-13
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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