HCM CITY (VNS)— An international expo on energy savings and green-energy technologies and products, Enertec Expo 2013, opened yesterday at the Tan Binh Exhibition and Convention Centre. Organised by the HCM City Department of Industry and Trade in coordination with the HCM City Power Corporation, the four-day event features nearly 250 booths displaying energy-efficient and environmentally friendly products. — VNS … [Read more...] about Huge energy-saving expo opens
Energy
New HCM City programme embraces renewable energy
VietNamNet Bridge – From now to 2015, the city's Green Energy programme will promote the use of renewable energy sources, including solar, wind, thermal and bio-fuel. According to the city's Electricity Development master plan, which was approved by the Ministry of Industry and Trade, the city has great potential in production of renewable energy, especially for solar, wind, waste and bio-gas. HCM City has 100 – 300 hours of sunlight per month, which can provide energy for street lighting and at least 3kWh for each household. In addition, wind power could be developed in the coastal district of Can Gio, and waste could be burned to create electricity. However, the renewable energy sector has not developed well, mostly because of the high investments that are needed. Thus, many private investors have been reluctant to pour money into such projects. The city budget also does not have enough money to fund alternative energy projects. Currently, the city produces only 3 MW … [Read more...] about New HCM City programme embraces renewable energy
Restoring trust in nuclear energy
International experts have called on governments to restore public trust in nuclear energy because nuclear power will be a critical source of energy in the future, particularly for emerging Asian economies such as Viet Nam. Speaking at the "World Power Nuclear Briefing" held in Ha Noi yesterday, which gathered top experts in the industry to reassess policies and safety issues for nuclear development after Japan's Fukushima disaster, Barbara Judge, chairman emeritus of the UK Atomic Energy Authority, said nuclear energy was the only answer for most countries to energy security and energy independence, and deal with climate change. "While renewable energy only works when the wind is blowing or the sun is shining, nuclear energy goes all the time 24/7 at reasonable price," she said. "It's a long-term pay back and when it does pay back, you have a secure source of energy." According to the World Nuclear Association, there are currently at least 434 nuclear reactors operating in the world, … [Read more...] about Restoring trust in nuclear energy
VN stocks rise further on energy
Investors perform stock transactions at Saigon Securities Inc’s office in Hanoi (Photo VNA)Hanoi (VNS/VNA) - Shares ended on a positive note for a second day on the HCM Stock Exchange on October 30 as energy firms and some construction companies continued to perform well.The benchmark VN Index added 0.57 percent to close at 845.20 points. The southern market index has gained total 1.8 percent over the last two sessions.More than 197 million shares were traded on the southern bourse, worth 4.5 trillion VND (200.5 million USD).Trading figures posted an increase of 37.6 percent in volume and 31.6 percent in value compared to October 27.The market breadth was negative as the number of declining stocks doubled that of gaining ones by 187 to 93, while 39 other stocks ended flat.The VN30 Index that tracks the performance of the 30 largest stocks by market capitalisation and trading liquidity edged up 0.31 percent to 837.52 points.FLC Faros Construction Corp (ROS) was the … [Read more...] about VN stocks rise further on energy
More solar energy projects registered after PM decision
VietNamNet Bridge - Investors have registered solar energy projects in a rush following PM’s Decision No 11 on encouraging investments in solar energy. Hero Future Energies Asia from India, for example, had a working session with Binh Phuoc authorities on the development of a solar power plant in the province. Binh Phuoc is one of 20 localities with high levels of heat radiation and hours of sunshine, favorable for solar energy development. The Gia Lai provincial authorities have approved the Krong Pa solar power project registered by Gia Lai Electricity JSC. With the total investment capital of VND1.428 trillion, the 49 MW plant would use 76 hectares of land and is expected to become operational by the second quarter of 2019. The Ba Ria – Vung Tau People’s Committee has sent a dispatch to the Energy Directorate General, asking to examine and submit to the PM the solar power project in Chau Duc IZ. If approved, the 100 MW plant would be added to the national … [Read more...] about More solar energy projects registered after PM decision