The article on the Singaporean website eco-business.com quoted Mark Hutchinson, director of the Southeast Asia taskforce at industry group Global Wind Energy Council, as saying that there is still a lot of work to do, but the sentiment in the industry is much more positive than it was eight months ago, or certainly a year ago.
Vietnam’s latest electricity law updates concern not just the solar and wind sectors, but also include rules aimed at facilitating the use of fuels such as natural gas and hydrogen. Nuclear power development once again features in the wording.
The updates have been billed as important for energy security, but they also attract questions over whether Vietnam can attend to all the different sectors at once, the article said.
Observers said Vietnam is taking a more deliberate approach with managing its energy sector, after the volatility of the previous years, the article said.
