Power shortages on the cards for coal-strapped Vietnam
Around 40 per cent of Vietnam’s total electricity supply today comes from coal-fired power stations. That percentage is set to fall if the latest version of the country's Power Development Plan is implemented.
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Vietnam’s national electricity provider EVN has warned of power shortages in the coming weeks due to a lack of coal, with several coal-fired power plants in the country already operating at a reduced capacity.
The crux of the problem is a limited domestic supply of coking coal and surging demand, said Dao Phuong Loan, head of the Vietnam market for coke and coking coal at Visa Commodities, in a recent interview with The Business Times.
While Vietnam has its own coal reserves, a large proportion of it is anthracite - also known as hard coal or black coal - that has a range of uses beyond power generation, she said.
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