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On November 2, a mission of the Ministry of Planning and Investment (MPI) headed by Mr. Tran Duy Dong, Deputy Minister had a working meeting with the Vietnam Oil and Gas Group (PVN) on formulating policies for the large state own enterprises. At the meeting, PVN proposed to license it to invest in the offshore renewable energy projects for taking advantage of PVN current resources and infrastructures to contribute to meeting the needs and commitments of Vietnam at COP26.

At the meeting with leaders of Vietnam - Russia Joint Venture (Vietsovpetro), PetroVietnam Technical Services Corporation (PTSC), Vietnam Oil and Gas Construction Corporation (PETROCONs) on preparation to participate in the offshore renewable energy projects, Mr. Hoang Quoc Vuong – Chairman of the Member Council of PetroVietnam (PVN) proposed the study to establish a complex for developing the renewable energy value chain, strengthening cooperation ability, promoting each other's capacity and meeting the requirements of domestic and international investors in this field.

The Electricity of Vietnam (EVN) has just proposed to the Government and the Ministry of Industry and Trade (MOIT) to make the mechanisms for rapidly developing renewable energy projects in the Northern region to avoid the risk of electricity shortage in the near future.

With the strong commitment of the Prime Minister of Vietnam at COP26: "Vietnam will conduct greenhouse gas emissions to net zero by 2050", increasing the proportion of wind and solar power projects in the power system should be given the highest priority. Although the wind and solar power projects are the clean energy sources, but their instability is causing difficulties and increasing the operating costs of Vietnam's power system. Applying the energy/electricity storage systems becomes necessary and important today and in the future. The scientific workshop "Applying energy storage system and efficient technology for renewable energy projects in Vietnam" was organized by the Scientific Council of Vietnam Energy Magazine in Hanoi. The workshop was an opportunity for the relevant stakeholders to share demands, challenges and experiences in applying energy storage systems (ESS) in Vietnam.

On November 24, 2021, with the support of the State central management agencies, the Ministry of Industry and Trade (MOIT), the Office of the National Steering Committee for Electricity Development (ONEDSC), the Electricity Regulatory Authority (ERAV), the Electricity of Vietnam (EVN), a number of Vietnamese and international organizations and enterprises… The Scientific Council of Vietnam Energy Magazine will organize a workshop on “Application of the energy storage systems and technologies for efficiency improvement of the renewable energy (RE) projects in Vietnam”.

Electricity of Vietnam (EVN) informed that in the first 6 months of 2021, the electricity generation and import of the whole system reached 128.51 billion kWh, increasing 7.4% over the same period in 2020, including 14.69 billion kWh (equal to 11.4%)from the renewable energy projects, 624 million kWh (0.5%) from import.

SP Group (SP) and BCG Energy Joint Stock Company (BCG Energy), a wholly owned subsidiary of Bamboo Capital JSC, signed a Memorandum of Understanding (MoU) to invest in renewable energy projects in Vietnam. The MOU also provides an exclusive right for SP to acquire up to 49 per cent of its subsidiary Skylar Joint Stock Company (Skylar).

According to Mr. Vo Quang Lam - Deputy General Director of Electricity of Vietnam (EVN): As of May 30, 2019, there 47 solar power projects, with a capacity of 2,300 MW have been connected to the national power system, and it is expected that in June, there 49 projects with a capacity of about 2,600 MW will be connected.