Malaysia eyes Vietnam’s wind power in regional energy vision
VOV.VN - Malaysia’s Ministry of Energy Transition and Water Transformation on August 25 announced that the country is advancing deeper integration under the ASEAN Power Grid initiative to strengthen resilience and unlock opportunities for cross-border energy trade.
Speaking before Parliament, Deputy Minister Akmal Nasrullah Mohd Nasir highlighted Vietnam’s strong wind potential, affirming that if connected through the regional grid, this source could bring great benefits to Malaysia.
While pushing ahead with large-scale solar projects, Malaysia has set a target of 40% renewable energy by 2040. According to the Deputy Minister, the existing grid can still accommodate new power sources, but for long-term stability, investment is needed in battery energy storage systems (BESS) and smart grid technologies.
The Malaysian government is also seeking new energy sources under the National Energy Transition Roadmap (NETR), including pilot projects on clean energy.
EVN proposes offshore wind power price cap of up to US$0.15/kWh in northern Vietnam
Vietnam Electricity (EVN) has proposed a regional electricity price framework for offshore wind power projects, with the highest suggested rate in the northern region reaching VND3,975.1 per kWh, equivalent to approximately US$0.15.
