Vietnam prepares for nuclear power

Ninh Tuan
Draft of the Ninh Thuan 1 nuclear power station in Southeastern Vietnam

Vietnam will start with the construction of its first nuclear power plant in “2-3 years”, according to Song Da Corporation, the company that has been tasked by Vietnam Electricity with the roll out of the country’s nuclear power strategy.

In a first step, the company will send 2,000 workers and engineers to Russia and Japan for training with a focus on nuclear power construction, starting from 2013. These people will be the major labour force of Vietnam to join the Russian and Japanese contractors to build the Ninh Thuan 1 and Ninh Thuan 2 nuclear power plants in Southeastern Vietnam in the coming years, the first of a series of 13 nuclear power plants that are planned to be constructed until 2030.

The two Ninh Thuan plants have the official seal of approval of the International Atomic Energy Agency. The project is supported by Russia’s Rosatom Nuclear Energy State Corporation, which has seen its order books empty after the Fukushima incident in Japan in 2011. Rosatom issued a $8 billion credit line for the Ninh Thuan 1 plant.

It is expected that by 2020, the construction of the first turbine of Ninh Thuan 1 will be completed and deliver a capacity of 1,000 megawatts, while the second turbine will be put into operation in 2021.

At the same time, construction of the Ninh Thuan 2 and the preparation for finding locations for the construction of other nuclear power plants will be kicked off.

By 2025, the total capacity of the nuclear power plants should reach about 8,000 megawatts and should increase to 15,000 megawatt by 2030, accounting for 10 per cent of the total power supply.

The Vietnamese Ministry of Industry and Trade has forecast that the country will need around 294 billion kWh in 2020 and 562 billion kWh in 2030 for its industry and for private consumption. With the existing energy sources it would only be able to supply around 230 billion kWh in 2020 and 293 billion kWh in 2030.

 



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[caption id="attachment_8327" align="alignleft" width="300"] Draft of the Ninh Thuan 1 nuclear power station in Southeastern Vietnam[/caption] Vietnam will start with the construction of its first nuclear power plant in "2-3 years", according to Song Da Corporation, the company that has been tasked by Vietnam Electricity with the roll out of the country's nuclear power strategy. In a first step, the company will send 2,000 workers and engineers to Russia and Japan for training with a focus on nuclear power construction, starting from 2013. These people will be the major labour force of Vietnam to join the Russian and Japanese contractors...

Ninh Tuan
Draft of the Ninh Thuan 1 nuclear power station in Southeastern Vietnam

Vietnam will start with the construction of its first nuclear power plant in “2-3 years”, according to Song Da Corporation, the company that has been tasked by Vietnam Electricity with the roll out of the country’s nuclear power strategy.

In a first step, the company will send 2,000 workers and engineers to Russia and Japan for training with a focus on nuclear power construction, starting from 2013. These people will be the major labour force of Vietnam to join the Russian and Japanese contractors to build the Ninh Thuan 1 and Ninh Thuan 2 nuclear power plants in Southeastern Vietnam in the coming years, the first of a series of 13 nuclear power plants that are planned to be constructed until 2030.

The two Ninh Thuan plants have the official seal of approval of the International Atomic Energy Agency. The project is supported by Russia’s Rosatom Nuclear Energy State Corporation, which has seen its order books empty after the Fukushima incident in Japan in 2011. Rosatom issued a $8 billion credit line for the Ninh Thuan 1 plant.

It is expected that by 2020, the construction of the first turbine of Ninh Thuan 1 will be completed and deliver a capacity of 1,000 megawatts, while the second turbine will be put into operation in 2021.

At the same time, construction of the Ninh Thuan 2 and the preparation for finding locations for the construction of other nuclear power plants will be kicked off.

By 2025, the total capacity of the nuclear power plants should reach about 8,000 megawatts and should increase to 15,000 megawatt by 2030, accounting for 10 per cent of the total power supply.

The Vietnamese Ministry of Industry and Trade has forecast that the country will need around 294 billion kWh in 2020 and 562 billion kWh in 2030 for its industry and for private consumption. With the existing energy sources it would only be able to supply around 230 billion kWh in 2020 and 293 billion kWh in 2030.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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