SpaceWar.com - Your World At War
Vietnam looks to restart nuclear power projects
Hanoi, Nov 13 (AFP) Nov 13, 2024
Vietnam wants to restart nuclear power plans to meet its rapidly expanding energy needs, the government has said, after it scrapped two multibillion-dollar projects in 2016.

Rapidly industrialising Vietnam, with a population of 100 million people, relies mostly on coal and hydropower to power its fast-growing economy.

Despite its dependence on fossil fuels, the communist nation has committed to reaching net-zero carbon emissions by 2050, supported by a Just Energy Transition Partnership -- under which wealthier nations help developing countries switch to clean energy faster.

On Tuesday, Prime Minister Pham Minh Chinh told the National Assembly in Hanoi that his government had asked authorities to restart nuclear power projects.

He said this was to "ensure enough power for fast and sustainable socio-economic development in the long run".

"If we aim at building an economic growth scenario with double digits, power needs will increase by 1.5 times," he added.

In late 2016, Vietnam scrapped plans for two multibillion-dollar nuclear power plants, citing environmental and financial reasons. They were slated to be the first in Southeast Asia but were halted after cost estimates doubled to $18 billion.

The two plants in central Ninh Thuan province with a combined capacity of 4,000 megawatts were to be developed with assistance from Russian state company Rosatom and the Japanese consortium JINED.

"The project was suspended not due to technological reasons, but the country's current economic situation," the government said at the time.


ADVERTISEMENT




Space News from SpaceDaily.com
AI systems proposed to boost launch cadence reliability and traffic management
China debuts Long March 12A reusable rocket in Jiuquan test flight
Curiosity Blog, Sols 4750-4762: See You on the Other Side of the Sun

24/7 Energy News Coverage
Redesigned carbon framework boosts battery safety and power
Molecular catalyst switches between hydrogen and oxygen production
Project Pele microreactor reaches key milestone with first TRISO fuel delivery

Military Space News, Nuclear Weapons, Missile Defense
SDA expands Tracking Layer satellite awards and related missile defense contracts
Space Systems Command activates System Delta 80 for assured space access
Rheinmetall ICEYE Space Solutions to provide SAR reconnaissance data to German military

24/7 News Coverage
OPERA satellite data sharpens US crop and water management
Alen Space begins SATMAR satellite validation over Bay of Algeciras
Deep Arctic gas hydrate mounds host ultra deep cold seep ecosystem



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.