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While Vietnam plans to increase its renewable energy capacity, the country is expected to expand coal-fired power generation, as this cheap power generation resource remains the most viable option
to meet its rapidly growing electricity demand, according to Vietnamese news reports.
According to the association, Vietnam's per capita coal-fired power generation is currently 793 kWh, well below the world average of 1,290 kWh
.
Fitch Solutions Macro Research, a London-based macroeconomic research firm, said Vietnam's coal power generation could grow rapidly over the next decade and dominate the country's power sector expansion, largely because hydropower potential has been almost fully exploited and has been depleted
.
In the long run, domestic natural gas reserves will not continue to increase gas-fired power generation significantly
.
While Vietnam plans to increase its renewable energy capacity, the country is expected to expand coal-fired power generation, as this cheap power generation resource remains the most viable option
to meet its rapidly growing electricity demand, according to Vietnamese news reports.
According to the association, Vietnam's per capita coal-fired power generation is currently 793 kWh, well below the world average of 1,290 kWh
.
Fitch Solutions Macro Research, a London-based macroeconomic research firm, said Vietnam's coal power generation could grow rapidly over the next decade and dominate the country's power sector expansion, largely because hydropower potential has been almost fully exploited and has been depleted
.
In the long run, domestic natural gas reserves will not continue to increase gas-fired power generation significantly
.
