Our report on Vietnam offshore wind potential for the World Bank Group, Offshore Wind Roadmap for Vietnam, received widespread coverage. The roadmap provides strategic analysis of the offshore wind development potential in Vietnam. It was prepared, under contract to the World Bank, by BVG Associates in association with Atkins, Frontier Economics, Sterling Technical Services (Vietnam) and Mr. Du Van Toan.

Coverage included:

  • offshoreWIND.biz‘s Offshore Wind Could Supply 12 Per Cent of Vietnam’s Power by 2035 – World Bank Group highlighted the key finding that up to 12% of Vietnam’s energy could economically be provided by offshore wind if the correct conditions were created. It mentioned Vietnam has an energetic and abundant offshore wind resource that is located close to demand centres and in relatively shallow water—although this roadmap focuses on areas further offshore which have higher wind speeds and energy yields.
  • ReNEWS.biz also focussed on the key finding, also mentioning by replacing coal-fired generation, this could help to avoid over 200 million tonnes of CO2 emissions and add at least US$50bn (€41bn) to Vietnam’s economy by stimulating the growth of a strong, local supply chain, creating thousands of skilled jobs, and exporting to other offshore wind markets globally.
  • Vietnam’s offshore wind development roadmap published covered the launch of the report and summarised the key findings and likely impact of the report.

This roadmap, a joint WB-IFC study, is one of a series of offshore wind roadmap studies commissioned by the World Bank Group under the joint ESMAP-IFC Offshore Wind Development Program. Funding for this study was provided by the Energy Sector Management Assistance Program (ESMAP).

The report was formally launched at webinar aimed at key Vietnamese stakeholders on 9 June. The study is intended to support collaboration between the Government of Vietnam and the wind industry. It does not represent the views of the Government of Vietnam.

Our work on this project was lead by Neil Douglas.