15 July , 2019

Vietnam Wind Power 2019 – Government and Industry Gather to Discuss Wind Development in Vietnam

The Global Wind Energy Council (GWEC) hosted its annual Vietnam Wind Power Conference on the 11-12 June in Hanoi for the second time running, gathering major international wind companies, energy authorities, financial institutions and regulators to discuss the potential for wind energy in Vietnam and the impact of renewables in the region. Vietnam Wind Power 2019 is the official industry event taking place in partnership with GIZ, the Danish Embassy Hanoi and the Embassy of Ireland.

With over 400 delegates attending the two days of roundtables, workshops, meetings, and conference, this event showed that Vietnam is ready to become a leader of wind energy in the region.

 

The first event on 11 June was a full-day workshop focused on addressing the burning issues facing the financing of wind projects and is specifically targeted at international and local finance institutions, development banks and government officials. The workshop was well attended with over 250 conference delegates, with speakers from international and domestic banks, international development institutions and financial advisories. These discussions were focused on some of the crucial topics in the country such as thebankability of PPAs,  mitigation strategies of project investment risks, as well as on new sources of finance for wind projects in the region.

Running in parallel to this workshop was a high-level Offshore Roundtable. The offshore roundtable is the first attempt by the wind industry to have a close door stakeholder consultation with the government and gathered representatives from the MOIT, EVN, Ministry of Natural Resources and Environment, as well as DOIT representatives from 7 provinces that have offshore potential. The discussion were centered around  current challenges for offshore development in Vietnam, policy needs particular to the offshore sector, as well as the future aspirations from both the industry and the government. GWEC is developing awhite paper on offshore sector in Vietnam as a result of this roundtable, which will be released in the near future after further input from relevant stakeholders.

 

The full-day conference on 12 June featured a range of plenary and parallel sessions including regulatory, market, policy, technology updates, offshore as well as other pressing issues relating to the development of a sustainable wind and renewables industry. We were delighted to have Mr. Do Duc Quan, Deputy General Director of Electricity and Renewable Energy Agency (EREA), MOIT to share the government’s future plan on renewables development in Vietnam as well as Mr Nguyen Huu, Director of Power System Department, Electricity Regulatory Authority of Vietnam (ERAV) to share the grid planning and the DPPA plan.

Overall, Vietnam Wind Power 2019 was a huge success and highlighted the ambition of both the industry and government to tap into the huge wind energy potential that Vietnam has to offer. Don’t forget to mark your calendars for Vietnam Wind Power 2020 and join us again next year from 10-11 June 2020 in Hanoi for the next edition of this official industry event!

15 July , 2019

Market to Watch: South East Asia

In GWEC Market Intelligence’s latest report, Market Update on South East Asia – Insights on Vietnam, the region’s potential for wind power is put into the spotlight, with Vietnam emerging from the pack as one of the countries with the highest potential. Launched in Hanoi at Vietnam Wind Power 2019,the report provides insights on how Vietnam can be a wind power leader in the region with over 327MW of onshore and offshore wind capacity already installed, and an additional 1GW forecasted to be installed by 2021.

 

GWEC Market Intelligence believes South East Asia has all the fundamentals in place to become the next big wind power market. With a rising population, growing GDP, ever-increasing power demand and concerns over energy security, wind power is helping to meet the region’s growing energy demand in a way that is low carbon, cost efficient and bringing local economic benefits. In the report,  a five-year market forecast for South East Asia shows that the onshore market will grow annually at a  13.5% rate on average over the period of 2019-2023, whereas the offshore market will grow at a 22% rate over the same period.

The new report shows that Vietnam is the country with one of the highest potentials in the region for both onshore and offshore wind.. The country’s 3,000km coastline has some of the best resources for both onshore and offshore wind, and it is the only country in the region that has developed offshore wind, with 99MW already installed.

 

Changes in local policies is giving the industry renewed momentum and creating significant opportunities for the wind energy market to grow in Vietnam and the South East Asia region as a whole. With a favourable Feed-in-Tariff and ambitious renewable energy targets up to 2030, it is clear that the government is ready to make the shift to clean energy.

The report is exclusively available for GWEC members and as part of GWEC’s new Market Intelligence platform. The final report includes more than 30 tables and figures charting the market outlook for the South East Asia region up until 2030. This report is the first edition of Market Updates of GWEC Market Intelligence, with the next Market Update to be released in fall shifting focus to Latin America.

If you are a GWEC Member, access the report here.

Not a GWEC Member but interested in finding out more about the report? Get in touch with Deny Tenenblat at This email address is being protected from spambots. You need JavaScript enabled to view it. to find out how.

GWEC to ramp up activities in South East Asia with new Task Force

GWEC launched its new South East Asia Task Force, a key tool to promote wind energy in the emerging markets in the region, at Vietnam Wind Power 2019 in Hanoi. The group will act to engage governments and stakeholders,produce research and policy papers and much more in order to assist in the growth of wind and other renewable energy sectors in the region.

Chaired by Mark Hutchinson (Vice President, Head of Power and Renewables Consulting, Wood Mackenzie), the Task Force will bring together leading industry players and provide a much needed platform in South East Asia to accelerate wind and renewables development  by applying a holistic approach to unlock the renewable energy potential in the region. Over the next two years, the Task Force will focus its efforts on Vietnam, the Philippines, Thailand and Indonesia to begin its activities, while monitoring the growth potential of other markets.

The Task Force’s future work will be organized around four pillars: policy, association capacity building in the region, communications and events:

  • Policy work: The policy work will be primarily focused on advising governments on regulatory frameworks and auction systems that should be developed to in each country’s context tofacilitate more investments into South East Asia in wind and other renewables.
  • Communications: Research to measure and highlight the economic and social benefits of wind power in comparison to the economic, social and environmental cost of fossil energy in the region will be at the core of communications work of the Task Force This research and subsequent reports will be used to feed into a high level media campaign to pull the curtain back on the traditional ‘dirty’ energy sector in South East Asia and reveal the undeniable benefits of integrating more renewables into the power system.  
  • Capacity Building: Capacity building will focus on empowering national associations in the priority countries, and in some cases this will entail the establishment of new national associations if there are none that yet exist in the market.. Other capacity building activities will also be implemented to spread best practices and transfer knowledge from mature markets to these emerging markets;
  • Events: The Task Force also aims at creating appropriate forums and events to promote the growth of wind power in the region. From seminars and technical workshops to conferences and exhibitions, these events will bring together relevant stakeholders to facilitate the other activities and messages of the Task Force.

Altogether, the South East Asia Task Force will be a crucial tool in opening up new wind markets in the region. Although this coal-dependent region has a long way to go to realise a renewable energy system, we are confident that the work of this Task Force and our members that this region holds a bright future.

If you are interested in learning more about the South East Asia Task Force, get in touch with Liming Qiao at This email address is being protected from spambots. You need JavaScript enabled to view it..

Notably the pay gap worsens after women switch to part-time work, a step often taken after childbirth. According to the Institute for Fiscal Studies, “a graduate who has worked full-time for seven years before having a child would, on average, see her hourly wage rise by a further 6% (over and above general wage inflation) as a result of continuing in full-time work for another year, but would see none of that wage progression if she switched to part-time work instead.” Minimizing this “motherhood penalty” through more inclusive flexible working and caretaking policies is imperative to achieve high talent retention and productivity rates.

What to do?

The UK, which has recently made gender-disaggregated compensation reporting mandatory for companies with 250 and more employees (with all data made publicly available), has published a brief guideline for organizations undertaking such an assessment.

Harvard Business Review has also published a few do’s and don’t’s when it comes to companies fixing a gender pay gap, looking at which policies succeed and which ones create more problems.

If you have any other helpful resources on gender pay gap solutions, please let us know at This email address is being protected from spambots. You need JavaScript enabled to view it..