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Vietnam's Coal Plant Plans Draw US Scrutiny After Phase-Out Deal.

Authors :
Dlouhy, Jennifer A.
Source :
Bloomberg.com; 6/25/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Plans to build a new coal plant in Vietnam are facing scrutiny from wealthy nations that provided funding to help the country transition away from coal. The 2.1-gigawatt Song Hau 2 power plant, which is currently in the construction phase, could potentially violate the coal power generation limit set by the $15.5 billion "Just Energy Transition Partnership" (JETP) announced in 2022. The US State Department and other international partners are urging Vietnam to adhere to its JETP targets for renewable energy deployment and coal phase-out. This situation highlights the challenges of the JETP model, which is also being used in South Africa and Indonesia to reduce coal power. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
178073407