- Category: Renewables
27 Sep 2012
- Published on Thursday, 27 September 2012 09:35
- Hits (1087)
Vietnam is on its way to building its pioneering geothermal power plant which will set the stage in tapping geothermal resources across its provinces in the entire country.
The 25-megawatt power plant can operate for 24 hours a day without being affected by weather conditions, reported the Viet Nam News.
As approved by the provincial authorities, it will be located in the Quang Tri province's Dakrong district. It is expected to be operational by 2014.
Vietnam has the potential for developing geothermal power in almost all of its provinces and cities all over the country, particularly in Phu Tho, Quang Binh and Quang Tri, said Vietnam Thermal Association deputy chairman Ta Huong.
Likewise, using renewable energy resource for electricity would save the country 800 billion Vietnamese dong ($38 million) and spare it over 250,000 tons of carbon emissions annually, according to the news report.
The $46.3 million facility is backed by Vietnam-based SVA Financial Group and is the first in a string of geothermal power projects underway totaling an investment capital of between $60 million to $65 million.
The new plant will utilize Hot Dry Rock heat mining technology.
Having more than 300 natural geothermal sources recorded and six geothermal regions identified, Vietnam has a strong potential for geothermal generation. Northwest Vietnam is eyed as the most plausible region for geothermal exploration and expansion.
“Compared with the rest of the world, Vietnam has medium potential for geothermal energy development. However, geothermal energy resources are available not just in one place, but throughout the country. Therefore, most localities can make use of this type of energy,” Dr. Doan Van Tuyen from the Institute of Geological Sciences of the Vietnamese Academy of Science and Technology said.
Globally, geothermal power production is led by the U.S., accounting for 32 percent of the overall geothermal power output. The Philippines, which generate nearly 23 percent of its electricity from geothermal sources, is the world’s second major producer. – Catherine Dominguez