Renewable energy consumption in Danang to account for nearly 10% in the next decade
The proportion of alternative energy to the total primary energy supply in the central city of Danang will reach 9.69% by 2035.
It includes solar energy (roof-, ground- and water surface-based solar power), biomass energy, wind energy, biogas energy, geothermal energy, tidal energy and hydro energy, according to the project on the development of using renewable energy in Danang City to 2025, vision to 2035 that has just been approved.
Accordingly, till 2025, the total installed capacity of solar power in the city will reach 244.675 MW that can produce 357,226 MWh of electricity, contributing to 5.62% of the city’s total electricity demand. These numbers will be 577.49 MW, 843,133 MWh and 6.95% in 2035.
In particular, for ground-based solar power, Danang calls for investment in high-tech agriculture using solar power. The city will also study the use of water surface to install solar energy panels such as the river surface, the natural and artificial lake surface and wastewater treatment plants to develop water surface-based solar power.
Meanwhile, biomass energy production will be 182,040 MWh in 2025 and 259,594 MWh in 2035.
To achieve these goals, Danang aims to raise the total waste treatment ratio for renewable energy production to about 70% by 2030 and prioritize the use of biomass energy for electricity production, encouraging investment in biomass power plants in industrial parks.
Reportedly, Danang is calling for investment in a solid waste incineration plant to generate electricity at the Khanh Son landfill with a capacity of 650 tons per day and a biomass power plant project (co-generation of thermal power) at the Lien Chieu Industrial Park.
In addition, Danang is calling for research and investment in the other potential alternative energy sources such as wind, biogas, geothermal and tidal energy.
According to the project, Electricity of Vietnam in Danang is required to develop a plan to develop the power grid system in accordance with the development of alternative energy.
In another development, while waiting for the next guiding document from the Prime Minister, the Danang Development Investment Fund (DDIF) is still guiding the preparation of loan documents for businesses that wish to invest in solar power projects in 2021 and beyond.
DDIF's customers can access loans with a preferential interest rate according to current regulations for power projects of 7%/year with a maximum loan amount of 80% of the total investment value and the loan period depending on the current regulations but not more than 15 years.
