Officials in Binh Dinh are pushing for the Ministry of Industry and Trade to include at least part of an offshore wind farm proposed by Germany’s PNE Group in a pilot offshore wind power project being developed. The full plan is for a US$4.6 billion investment that will generate 2,000 megawatts of power, however, said officials have suggested permitting 750 megawatts in the pilot phase in Binh Dinh, according to Tuoi Tre.
Offshore wind is facing a number of challenges in Vietnam. From electricity pricing, to a lack of a marine spatial plan, to national security, there are a number of obstacles that need to be overcome. Most recently it has been suggested by the MoIT that any initial offshore wind projects should be developed by the state which might act as a workaround for some of these hurdles. That said, it’s not clear that any of the groups it has suggested–PetroVietnam, Vietnam Electricity, or the Ministry of Defence–have the technical skills to execute an offshore wind power project.
See also: Vietnam’s Offshore Wind Power Holdup: Unpacked 2024