The United States and Vietnam have just held the third Energy Security Dialogue, discussing cooperation opportunities between the two countries to develop smart grids, batteries, and new opportunities in the field of external wind power in the process of gradually reducing the use of coal and fossil fuel sources.
The US Embassy in Vietnam said the third US-Vietnam Energy Security Dialogue took place on October 14-15.
On October 14, the Department of Energy and Natural Resources (ENR) of the US State Department announced on Twitter that it had discussed with Vietnam’s Ministry of Industry and Trade about financial and technical solutions for the energy transition. quantity.
“The United States is taking a full government approach to leveraging the full range of technical assistance, project financing, and diplomatic tools to work with Vietnam in its efforts to deliver clean energy solutions, deliver energy systems, foster innovation, and scale carbon-appropriate infrastructure,” said U.S. Deputy Assistant Secretary of State for Energy Transition Anna Shpitsberg.
On the sidelines of this Dialogue, on October 15, the US government announced a $2.96 million grant to Vietnam’s AMI AC Renewables Joint Stock Company to implement a pilot project to develop a battery energy storage system.
“We are pleased to support Vietnam’s efforts to expand its renewable energy development, and reduce its dependence on coal,” said Ms. Marie C. Damour, Chargé d’affaires deputies of the US Mission to the United States. “This project will demonstrate how leading U.S. energy storage technology can help Vietnam achieve these goals and accelerate the transition to a cleaner, more resilient to climate change.”
This project will be built and connected to a 50MW solar power plant of AMI AC Renewables company in Khanh Hoa province.
Mr. Nguyen Nam Thang, General Director of AMI AC Renewables, said: “Our solar power plant in Khanh Hoa province is an ideal location to demonstrate how energy storage can help Vietnam exploit its full potential renewable energy.”
According to the Ministry of Industry and Trade of Vietnam, from March 2018, the United States and Vietnam held the 1st US-Vietnam Energy Security Dialogue, whereby the two sides discussed security for energy infrastructures; the strategy of diversifying energy sources; energy charges and prices; cooperation in technical and technological support for the development of renewable energy; regional energy linkages and energy trade.
During the second dialogue in April 2019, the Department of Energy and Natural Resources of the US State Department (ENR) committed to support the Electricity Regulatory Authority of Vietnam (ERAV) in developing a competitive electricity market; smart grid and power demand response programs; necessary regulatory tools for the wholesale and retail electricity markets.