HANOI (Xinhua): Seven Lao wind energy plants plan to sell a total of 4,150 MW electricity to Vietnam, local media VnExpress reported Tuesday, citing the Vietnam Electricity (EVN).
It will be done in phases, with 682 MW supplied before 2025 and the rest afterwards, according to the report.
Vietnam has been importing energy, mainly hydroelectricity, from Laos since 2016 through intergovernmental agreements, according to the media.
Vietnam local media reported that the governmen will be keen on accepting the offer.
If the National Energy Master Plan is carried out on schedule, the central and southern regions would have enough power until 2030, but the north is likely to face shortages from 2025, especially during the dry season from May to July, EVN said.
Importing energy from Laos would help alleviate the shortfall, it said.
Affordability is also a factor, with wind energy from Laos currently costing 6.95 cents per kilowatt-hour compared to Vietnam’s 8.5-9.8 cents, depending on whether the plant is on land or offshore. - Xinhua
